In April 2019 non-financial sector indebtedness stood at €727.0 billion, of which €326.1 billion referred to the public sector and €400.9 billion to the private sector.

Compared to March 2019, non-financial sector indebtedness went up by €2.6 billion. This was due to a €2.8 billion increase in public sector indebtedness, partly offset by a decline of €0.2 billion in private sector indebtedness (Chart 1).

The increase in public sector indebtedness resulted mainly in an increase in financing from the non-resident sector, the financial sector and general government (Chart 2).

As regards the private sector, there was mainly a decline in corporate indebtedness vis-à-vis the financial sector, partly offset by an increase in external indebtedness.