Government deficit improves in all quarters of 2011 - Issue number 25/2012 - Products Statistics in Focus

In 2011Q4 seasonally adjusted general government deficit stood at -4.5% and -3.8% of GDP in the EU-27 and EA-17 respectively

In recent years Eurostat has significantly expanded the range of integrated quarterly data on government finances available, providing a timely and increasingly high quality picture of the evolution of government finances in the EU. The data presented in this publication reflect both non-financial and financial transactions and cover all European Union (EU-27) countries. This publication is based on data transmitted to Eurostat at the end of March 2012 and includes data coverage of all quarters of 2011.