Politics

Romania's public debt increased to 55.8% of GDP in the first quarter of 2025. We are in the top 4 countries with the most accentuated – Eurostat

Romania's public debt increased to 55.8% of GDP in the first quarter of 2025. We are in the top 4 countries with the most accentuated - Eurostat

Banknotes of 100 lei and 100 euros Photo: Inquam Photos / Alberto Groşescu

Romania had one of the most accentuated increases in public debt related to GDP in the first quarter of this year, equal to Austria (4.1 percentage points) and after Poland (6.1 pp) and Finland (5.1 pp), according to data published Monday by Eurostat. The public debt of Romania reached over 998.1 billion lei, the equivalent of 55.8% of the gross domestic product (GDP) in the first quarter of this year.

The level of government debt in Romania has increased by a percentage point compared to the last quarter of last year.

The highest weights of public debt in GDP at the end of the first quarter of 2025 were registered in Greece (152.5 %), Italy (137.9 %), France (114.1 %), Belgium (106.8 %) and Spain (103.5 %), and the lowest were registered in Bulgaria (23.9 %), Estonia (24.1 %), 26.1 %) %) and Denmark (29.9 %).

Compared to the fourth quarter of 2024, sixteen Member States registered an increase in the share of their debt in GDP at the end of the first quarter of 2025, ten registered a decrease, and the share remained stable in the Czech Republic.

The largest increases in the report were observed in Austria and Slovakia (both +3.5 percentage points – PP), Slovenia (+2.9 pp), Italy (+2.5 pp), Lithuania (+2.4 pp), Poland (+2.2 pp) and Belgium (+2.1 pp). The biggest decreases were recorded in Ireland (-3.7 pp), Latvia (-1.2 pp) and Greece (-1.1 pp).

The biggest increases in the report were recorded in Poland (+6.1 pp), Finland (+5.1 pp), Austria and Romania (both +4.1 pp), France (+3.6 pp), Italy (+2.9 pp), Slovakia (+2.6 pp) and Sweden (+2.0 pp).

The highest decreases were observed in Greece (-9.3 pp), Cyprus (-8.2 pp), Ireland (-6.1 pp), Croatia (-3.6 pp), Denmark (-3.2 pp), Spain (-2.8 pp) and Portugal (-2.7 pp).

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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