Potential Future EU Members Compared by Economy > Public debt

DEFINITION: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.


1 Iceland 131.8% of GDP 2012
2 Serbia 62% of GDP 2012
3 Albania 58.8% of GDP 2012
4 Montenegro 52.1% of GDP 2012
5 Bosnia and Herzegovina 43.8% of GDP 2012
6 Turkey 37.6% of GDP 2012
7 Republic of Macedonia 34% of GDP 2012
8 Kosovo 5.5% of GDP 2011


Potential Future EU Members Compared by Economy > Public debt


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