Cyprus has highest general government debt held by non-residents

The largest proportion of general government gross debt held by non-residents was recorded in Cyprus (93%) in 2022, compared to EU countries for which data are available, according to Eurostat. After Cyprus, the largest proportion of debt held by non-residents at the end of 2022 was recorded in Estonia (74%), Latvia (64%), Austria and Lithuania (both 61%). In contrast, the share of general government debt held by the (resident) financial corporations sector was highest in Denmark (75%), followed by Sweden (74%), Croatia (67%), Italy (64%), Czechia (63%) and Malta (60%). Generally, in most EU states, less than 10% of debt was