End-August, the public debt reached 38.2% of the gross domestic product, from 37.7% of GDP in July.
The public debt-to-GDP ratio was calculated using an estimated GDP of RON543.04 billion for 2011. A year earlier, Romanian GDP was RON513.6 billion.
Government public debt was 94.41% of the total debt in August, while local authorities’ debt accounted for 5.59%. (EUR1=RON4.3243)