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23 Oct 2023, 08:59
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The country with the highest national debt as percentage of GDP in the second quarter of 2011 remained the highest in second quarter 2012.: True
In the country where the debt as percentage of GDP remained constant from first to second quarter 2012, the actual debt in millions of euros decreased.: False
In the countries where debt exceeded 1 trillion euros in the second quarter of 2011, the debt represented more than 100% of GDP.: False
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Data Insights (DI) Butler 2023-24 [Question #65, Date: Oct-23-2023] [Click here for Details]
The following table shows the national debt, in millions of euros, of 17 eurozone countries for the second quarter of 2011 and the first and second quarters of 2012, and that debt as a percentage of each country’s gross domestic product (GDP).
Millions of Euros | % of GDP | |||||
| Q2 2011 | Q1 2012 | Q2 2012 | Q2 2011 | Q1 2012 | Q2 2012 | |
|---|---|---|---|---|---|---|
| Austria | 213533 | 222756 | 228922 | 72 | 73.4 | 75.1 |
| Belgium | 355744 | 378657 | 382922 | 97.6 | 101.7 | 102.5 |
| Cyprus | 11885 | 13470 | 14939 | 66.8 | 75 | 83.3 |
| Estonia | 950 | 1082 | 1197 | 6.3 | 6.7 | 7.3 |
| Finland | 85217 | 93020 | 99640 | 46.1 | 48.5 | 51.7 |
| France | 1696057 | 1789387 | 1832599 | 86 | 89.1 | 91 |
| Germany | 2073213 | 2116231 | 2169354 | 81.1 | 81.1 | 82.8 |
| Greece | 340906 | 280423 | 300807 | 158.8 | 136.9 | 150.3 |
| Ireland | 158802 | 174350 | 179718 | 101.5 | 108.5 | 111.5 |
| Italy | 1910024 | 1954490 | 1982239 | 121.7 | 123.7 | 126.1 |
| Luxembourg | 7849 | 9014 | 9148 | 18.9 | 20.9 | 20.9 |
| Malta | 4535 | 4838 | 5008 | 70.8 | 74.3 | 76.3 |
| Netherlands | 383799 | 400518 | 411170 | 64.2 | 66.5 | 68.2 |
| Portugal | 184417 | 190397 | 198136 | 106.7 | 112 | 117.5 |
| Slovakia | 28810 | 32358 | 35307 | 42.8 | 46.4 | 50.1 |
| Slovenia | 16053 | 17030 | 17334 | 44.5 | 47 | 48.1 |
| Spain | 705526 | 774926 | 804615 | 66.7 | 72.9 | 76 |
Question #2 based on the same table is available here
| True | False | |
| The country with the highest national debt as percentage of GDP in the second quarter of 2011 remained the highest in second quarter 2012. | ||
| In the country where the debt as percentage of GDP remained constant from first to second quarter 2012, the actual debt in millions of euros decreased. | ||
| In the countries where debt exceeded 1 trillion euros in the second quarter of 2011, the debt represented more than 100% of GDP. |
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Official Answer
The country with the highest national debt as percentage of GDP in the second quarter of 2011 remained the highest in second quarter 2012.: True
In the country where the debt as percentage of GDP remained constant from first to second quarter 2012, the actual debt in millions of euros decreased.: False
In the countries where debt exceeded 1 trillion euros in the second quarter of 2011, the debt represented more than 100% of GDP.: False
Starscreen60
Joined: 02 Mar 2023
Last visit: 28 Mar 2024
Posts: 24
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Location: India
Schools: IESE '26 (A) HEC Sep'24 Intake (A)
GMAT Focus 1: 645 Q80 V83 DI82 
GPA: 2.96
24 Nov 2023, 06:21
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Sajjad1994 please check data in the table 
Some of the values in Q2 2012 seem messed up and not correctly sorting by greatest/smallest (for example ' 35,307) Thanks!
Some of the values in Q2 2012 seem messed up and not correctly sorting by greatest/smallest (for example ' 35,307) Thanks! 
DiyaSouravi99
29 Sep 2024, 08:24
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need clarification on 3rd
