The General Government debt for 2023 amounted to €9,767.8 million or 50.4% of GDP. This was an increase of €768.1 million on 2022, the National Statistics Office said today.

The biggest share of debt is held by the Financial Corporations (54.6%), followed by the Rest of World (21.8%) and Households and Non-Profit Institutions Serving Households (NPISH) (21.6%).

The preferred debt instrument is ‘debt securities’ which include Malta Government Stocks and Treasury Bills, with €8,371.4 million, or 85.7%.

The market value of the General Government debt is estimated at €9,407.7 million, the NSO said.

In 2023, the apparent cost of debt was 2.3 per cent and the average remaining maturity of the debt was eight years and one month.

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