In the third quarter of 2014 Italy's debt-to-GDP ratio it was 131,8%, less than the 133,8% at the end of the second quarter but more than the 127,8% recorded on 30 September 2013. The data was released this morning by Eurostat.
Only Greece did worse than our country, which closed the third quarter with a debt-to-GDP ratio of 176%. In third place is Portugal, with 131,4%.
On the other side of the ranking, first position is occupied by Estonia (10,5%), while the silver medal goes to Luxembourg (22,9%). Bulgaria closes the podium with 23,6%.
At the euro area average level, the ratio passes to 92,1% from 92,7% at the end of the second quarter.
In absolute terms, however, the level of Italian debt at the end of the third quarter of 2014 was 2.134,008 billion euros, second only to Germany (2.155,234 billion), which however has a ratio to GDP of 74,8%. . France is also above 2 trillion (2.031,487).
