In Latvia – as in Poland – the government debt increased by 4.1 percentage points in the second quarter on an annual basis.
Compared to the same period a year ago, Finland (+5.2 percentage points) and Estonia (+4.7 percentage points) had a larger increase in general government debt in the second quarter than in Latvia. On the other hand, it was lower than in our country in Austria (+3.1 percentage points), Belgium (+2.3 percentage points), Romania (+2.2 percentage points) and Slovakia (+1 percentage point).
In the Czech Republic, the general government debt has not changed during the year.
General government debt decreased in 13 EU countries in the second quarter. The biggest declines were recorded in Cyprus (-10 percentage points), Greece (-8.9 percentage points), Portugal (-8.1 percentage points), Croatia (-5.7 percentage points), Spain (-3.5 percentage points) and the Netherlands (-2 ,2 percentage points). In Lithuania, the general government debt decreased by -0.1 percentage points
The average drop in the EU was 0.4 percentage points, while in the Eurozone the decrease was 0.7 percentage points.