Bulgaria has the second lowest public debt in the EU, according to the latest revised data to Eurostat. At the end of 2013 the debt of the EU-28 amounted to EUR 11.55 trillion or 85.4% of GDP and grows compared to previous years.
Lowest debt as a percentage of GDP were recorded in Estonia (10.1%), Bulgaria (18.3%), Luxembourg (23.6%), Romania (37.9%), Latvia (38.2%), Sweden (38.6%) and Lithuania (39%). Even with loans taken in 2014 Bulgaria is still before Luxembourg in terms of debt as a percentage of GDP.