In the EU-28, seven countries recorded a higher deficit and 16 countries had higher government debt than Slovakia last year.
The 2018 Summary Annual Report, approved by the government on November 6, shows Slovakia’s government debt stood at 49.4 percent of GDP, which is a 1.9-percent improvement year-on-year, the TASR newswire reported.
However, the country’s government deficit was at 1.1 percent of GDP in 2018, which was a year-on-year drop of 0.1 percentage point.Related articleRead more
Slovakia thus continues to be one of the countries with a significantly lower debt within the EU. The EU average deficit was 0.7 percent of GDP, and the EU average government debt was 80.4 percent of GDP.
6. Nov 2019 at 21:46 | Compiled by Spectator staff