End-April, the public debt reached 36% of the gross domestic product.

The public debt-to-GDP ratio was calculated using an estimated GDP of RON542.03 billion for 2011. A year earlier, Romanian GDP was RON513.6 billion.

Government public debt was 94.13% of the total debt in April, while local authorities’ debt accounted for 5.87%. (EUR1=RON4.1341)