Slovakia's gross external debt dropped 3.4% m/m to USD 87.72bn as of end-April 2014, following a 2.5% monthly decrease in March, preliminary central bank data showed. The decrease was mainly influenced by a 29.1% monthly drop in the central bank’s debt.
On an annual basis, the country's gross foreign debt climbed 14.4% as of end-April, fuelled by a 39.3% jump in other sectors’ debt, a 36.3% rise in commercial banks’ debt and a 24% growth in the government's debt.
| GROSS FOREIGN DEBT | |||||
| USD mn | 30-April-2014 | 31-March-2014 | 30-April-2013 | m/m change | y/y change |
| GROSS FOREIGN DEBT - TOTAL | 87,720.4 | 90,840.7 | 76,698.1 | -3.4% | 14.4% |
| General government | 38,296.5 | 38,136.4 | 30,888.0 | 0.4% | 24.0% |
| --short term debt | 9.3 | 15.7 | 107.8 | -40.8% | -91.4% |
| --long term debt | 38,287.2 | 38,120.7 | 30,780.2 | 0.4% | 24.4% |
| Central bank | 8,662.4 | 12,216.6 | 12,989.7 | -29.1% | -33.3% |
| --short term debt | 8,453.3 | 12,007.7 | 12,783.8 | -29.6% | -33.9% |
| --long term debt | 209.1 | 208.9 | 205.9 | 0.1% | 1.6% |
| Banks | 7,966.8 | 7,824.9 | 5,845.7 | 1.8% | 36.3% |
| --short term debt | 4,346.0 | 4,126.1 | 2,928.7 | 5.3% | 48.4% |
| --long term debt | 3,620.8 | 3,698.8 | 2,917.0 | -2.1% | 24.1% |
| Other sectors | 14,912.6 | 14,828.7 | 10,705.4 | 0.6% | 39.3% |
| --short term debt | 6,214.9 | 6,170.2 | 5,518.4 | 0.7% | 12.6% |
| --long term debt | 8,697.7 | 8,658.5 | 5,187.0 | 0.5% | 67.7% |
| Direct investments: intercompany lending | 17,882.1 | 17,834.1 | 16,269.3 | 0.3% | 9.9% |
| --short term debt | 6,678.6 | 6,640.8 | 6,816.0 | 0.6% | -2.0% |
| --long term debt | 11,203.5 | 11,193.3 | 9,453.3 | 0.1% | 18.5% |
| Source: National Bank of Slovakia |
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