Croatia's public debt, expressed as a share of GDP, fell below the permissible ceiling of 60% in the third quarter of 2024, further distancing itself from the eurozone average, according to data from the European statistical office released on Wednesday.
In the eurozone, the ratio of public debt to GDP remained stable in the third quarter of last year at 88.2%, the same level as the previous three months based on revised data.
There were no changes at the EU level either, where the ratio stood at 81.6%, with statisticians slightly adjusting the estimate for the April-to-June period.
Compared to the third quarter of 2023, the debt-to-GDP ratio in the eurozone decreased by 0.2 percentage points and by 0.1 percentage points in the EU.
At the end of September, the gross public debt of the eurozone amounted to €13.2 trillion, while at the EU level, it totaled €14.47 trillion. This indicates an increase of approximately €100 billion in the eurozone and €200 billion in the EU compared to the end of June.