Estonia's debt burden - the lowest in the Eurozone

Estonia is still the country with the lowest public debt in the euro area. In the first quarter of 2012, Estonia's public debt grew in line with the eurozone average, but despite this fact it is still the lowest public debt compared to other eurozone countries.

The eurozone's average debt burden was 88.2% of GDP in the first quarter, the highest since the euro was launched. At the same time, Estonia's public debt accounted for only 6.6% of GDP, an increase of 0.1 percentage points compared to the first quarter of 2011 and 0.6 percentage points compared to the fourth quarter of 2011.