Malta Among EU Countries With Lowest Government Debt As Europe's Borrowing Climbs
While government debt continued to rise across much of Europe, Malta remains among the EU’s better-performing countries, with one of the bloc’s lowest debt-to-GDP ratios. New Eurostat figures show Malta’s government debt stood at 45. 9% of GDP at the end of the first quarter of this year, well below the EU average of 82. 9% and … Continued
د . إAEDSRر . سWhile government debt continued to rise across much of Europe, Malta remains among the EU’s better-performing countries, with one of the bloc’s lowest debt-to-GDP ratios. New Eurostat figures show Malta’s government debt stood at 45. 9% of GDP at the end of the first quarter of this year, well below the EU average of 82. 9% and the eurozone average of 88. 9%. The country’s debt also fell slightly from 46. 4% at the end of 2025. Only a handful of EU countries recorded lower debt levels than Malta, including Estonia (25. 2%), Denmark (26. 8%), Bulgaria (28. 5%) and Luxembourg (29. 2%). At the other end of the scale, Greece (143. 5%), Italy (138. 9%), France (117. 6%), Belgium (109. 1%) and Spain (101. 6%) all carried debt levels exceeding 100% of their annual economic output. Across the European Union, government debt continued to increase, rising from 81. 8% to 82. 9% of GDP in just one quarter. The eurozone followed the same trend, climbing from 87. 7% to 88. 9%. Malta was one of eight EU member states to reduce its debt-to-GDP ratio during the quarter, bucking the wider European trend as 17 countries saw their debt increase. What do you make of the numbers?READ NEXT:Malta's Inflation Drops To 2. 5% In JuneGabriel FalzonGabriel Falzon is a social media executive at Lovin Malta, with a keen interest in digital media, local businesses, and the natural world. Outside of work, you’ll often find him baking up a storm, diving into video games, or exploring the endless corners of YouTube.