Eurostat: General government debt drops to 52% of GDP in Q3

The debt of Polish national and local government institutions declined to 52 percent of GDP in Q3, compared to 53.2 percent in Q2 and 53.1 percent in Q3 of 2016, Eurostat reported.

Nominally, the sector’s debt amounted to PLN 1.01 trillion in Q3 last year. In Q2 of 2017 and Q3 of 2016, the debt stood at PLN 1.016 trillion and PLN 978.46 billion respectively.

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