This video represents debt per capita in countries of "New Europe" from year 1995 to year 2019.
Debt is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based in the country under consideration.
Debt per capita is debt divided with number of residents.
Czech Republic, Poland, Hungary, Slovakia, Slovenia, Croatia, Romania, Bulgaria, Latvia, Lithuania and Estonia are countries of eastern Europe and they all joined European Union in the 21st century. These countries are sometimes referred as the "New Europe".
They all have in common that they were communist states by the 1990 so it is interesting to compare their economic growth from that year.
Czech Republic, Poland, Hungary, Slovakia, Slovenia, Latvia, Lithuania and Estonia joined EU in 2004. Bulgaria nad Romania joined in 2007 and Croatia in 2013.
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