Government debt up to 100.5% of GDP in euro area - Products Euro Indicators

At the end of the first quarter of 2021, still largely impacted by policy measures to mitigate the economic and social impact of the coronavirus pandemic and recovery measures, which continued to materialise in increased financing needs, the government debt to GDP ratio in the euro area exceeded 100% for the first time – the ratio stood at 100.5%, compared with 97.8% at the end of the fourth quarter of 2020. In the EU, the ratio increased from 90.5% to 92.9%. Compared with the first quarter of 2020, the government debt to GDP ratio rose in both the euro area (from 86.1% to 100.5%) and the EU (from 79.2% to 92.9%).