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At End-May Central Government Debt Accounted for 38.6% of the Projected GDP for the Current Year

Date

2016 07 01

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Vilnius, 30 June. According to the data by the Ministry of Finance, at the end of May of the current year central government debt was EUR 14.877 billion or 38.6% of the projected GDP for 2016 (EUR 38.528 billion).

At the end of May central government foreign debt made up 75.3% of total central government debt: central government was indebted to foreign financial institutions EUR 9.471 billion, international organisations – EUR 1.732 billion.

At end-May central government domestic debt accounted for 24.7% of total debt: central government was indebted to domestic financial sector EUR 3.080 billion, non-financial sector – EUR 0.065 billion,  and other creditors – EUR 0.529 billion.

Total long-term central government debt was EUR 14.803 billion (99.5% of total debt), short-term debt – EUR 0.074 billion (0.5%).

At the end of May this year the structure of central government debt by currency was as follows: in euro – 64.2%, US dollar – 34.7%, Swiss franc – 1.1%.

Taking into consideration the financial derivatives applied, in May the debt totalled EUR 14.005 billion. It accounted for 36.4% of the projected GDP for 2016.

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