Supreme Audit Office: Czechia’s debt rose fastest in EU in 2021

Last year, Czechia saw its government debt rise the fastest out of all EU member states, by 4.2 percent of GDP, the Supreme Audit Office announced on its website on Monday. However, it highlighted that the country’s debt still remains one of the lowest in total among EU member states.

At 3.3 percent of GDP, Czechia also had one of the lowest rates of growth in the EU in 2021, lagging 2.1 percent behind the EU average, the agency says.

The Supreme Audit Office also stated that Czechia still has one of the lowest rates of unemployment in the EU.