Gross public debt stood at $53.6 billion at the end of December 2011, according to figures released by the Association of Banks (ABL).
The gross debt rose by two percent from end December 2010.
Net public debt, which excludes public sector deposits (at commercial banks and the Central Bank) from gross public debt, amounted to $46.5 billion at the end of the year 2011. Net public debt grew by 2.9 percent from end December 2010.
At the end of 2011, local currency debt represented around 61 percent from the gross public debt. The share of foreign currency debt was around 39 percent.
At the end of December 2011, 51 percent of the debt was held by banks, while 33.2 percent was held by the Central bank, and 15.8 percent held by the non-banking sector.
At the end of the year, foreign currency debt was distributed as follows, Eurobonds (87.2 percent), Multilateral (6.6 percent), Bilateral (4.8 percent), Paris II loans (1.1 percent) and others (0.3 percent).