Fulfillment of Criteria in April 2012
| Convergence data in 2011 |
HICP inflation rate |
Budget deficit to GDP |
Debt-to-GDP ratio |
ERM II member |
Long-term interest rate |
|---|---|---|---|---|---|
| Reference value | max. 3.1% |
max. 3.0% | max. 60% | min. 2 years | max. 5.80% |
|
|
|||||
| Bulgaria | 2.7% | 2.1% | 16.3% | No | 5.30% |
| Czech Republic | 2.7% | 3.1% | 41.2% | No | 3.54% |
| Denmark | 2.7% | 1.8% | 46.5% | since 1 Jan. 1999 | 2.39% |
| Latvia | 4.1% | 3.5% | 42.6% | since 2 May 2005 | 5.77% |
| Lithuania | 4.2% | 5.5% | 38.5% | since 28 June 2004 | 5.19% |
| Hungary | 4.3% | -4.3% | 80.6% | No | 8.01% |
| Poland | 4.0% | 5.1% | 56.3% | No | 5.77% |
| Romania | 4.6% | 5.2% | 33.3% | No | 7.25% |
| Sweden | 1.3% | -0.3% | 38.4% | No | 2.23% |
| United Kingdom | 4.3% | 8.3% | 85.7% | No | 2.49% |
|
|
|||||
| Croatia | 2.1% | 5.0% | 45.7% | No | No data |
| Iceland | 5.4% | 4.4% | 98.8% | No | No data |
| Macedonia | 3.9% | 2.6% | 29.0% | No | No data |
| Montenegro | 3.1% | 3.9% | 45.1% | Not required | No data |
| Serbia | 11.2% | 5.0% | 47.4% | No | No data |
| Turkey | 8.0% | 1.4% | 38.4% | No | No data |
|
|
|||||
| Albania | 3.4% | 3.5% | 58.9% | No | No data |
| Bosnia and Herzegovina | 3.7% | 3.1% | 40.6% | No | No data |
| Kosovo | 7.3% | 1.9% | 15.3% | Not required | No data |
| Norway | 1.1% | -10.8% | 39.7% | No | No data |
| Switzerland | -0.3% | -0.6% | 42.3% | No | 1.19% |
Read more about this topic: Euro Convergence Criteria
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