The General Government debt for 2022 amounted to €9,003.4 million or 53.4% of GDP, and an increase of €739.5 million over 2021, The National Statistics Office said today.

It noted that the biggest share of debt is held by the Financial Corporations (60.4%), followed by the Rest of World (22.0%) and Households and Non-Profit Institutions Serving Households (15.7%).

The NSO said that “the preferred debt instrument” is ‘debt securities’ with 85.1%.

The market value of the General Government debt is estimated at €8,421.1 million.

In 2022 the apparent cost of debt was a rate of 1.9%, while the average remaining maturity of the debt was 8 years 4 months, the NSO said.

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