Mali: GDP of Serbia to Exceed EUR 60 Billion, Public Debt at EUR 31.5 Billion

The public debt of Serbia amounts to EUR 31.5 billion at the moment, Serbian Finance Minister Sinisa Mali has stated.

On TV Pink, he presented the data about the public debts of some EU states.

– France has EUR 2,901 billion, Italy EUR 2,755 billion, Germany EUR 2,482 billion. You always observe the public debt relative to your wealth, and the indicator of that wealth is the GDP. The GDP of Serbia will exceed EUR 60 billion. The share of the public debt in the GDP is 53%, below the Maastricht level of 60% – Mali said.

The EU has, on average, an 88% share of the public debt in the GDP, the minister explained and said that “we are in a much better position than most countries”.

Mali said that Serbia experienced no problems managing the public debt.

When our entire debt is taken into account, Mali said, the average interest rate is 2.4%.

As for energy, Mali said that there were some more good news about additional quantities of gas.

Ministarstvo finansija Republike Srbije

Ministry of Finance

Siniša Mali

GDP

GDP value

public debt