National Bank: The net external debt in the second quarter of 2022 decreased by EUR 101 million

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At the end of the second quarter of 2022, the net external debt amounts to 3,988 million euros (or 29.9 percent of the projected GDP) and records a quarterly decrease of 101 million euros, or 2.5 percent. In terms of structure, private net debt still has a larger share in the total net debt with 57 percent, it is highlighted in the regular statistical announcement on the more significant changes in external debt, external claims and the international investment position of the National Bank (NB).

“During the second quarter of 2022, the negative net international investment position (NIP) increased by 41 million euros and amounted to 7,770 million euros, which represents 58.3 percent of the projected GDP for 2022,” informs the NB.

According to the National Bank, at the end of the second quarter of 2022, the net external debt recorded a quarterly decrease of 101 million euros, which at the end of June 2022 amounted to 3,988 million euros. At the same time, the reduction of the net external debt in the second quarter results from the reduction of the private net debt by 122 million euros, in conditions of increased public net debt by 21 million euros.

 

 

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