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General government gross debt (sdg_17_40)

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Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Eurostat, the statistical office of the European Union

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Eurostat Quality Profile

Quality concept Rating
Source data

ESS

Frequency of dissemination Every year
Timeliness T+1 year
Reference area All EU MS
Comparability - geographical All EU MS
Coverage - Time > 10 years
Comparability - over time > 4 data points

1.1. Contact organisation

Eurostat, the statistical office of the European Union

1.2. Contact organisation unit

E2: Environmental statistics and accounts; sustainable development

1.3. Contact name

Confidential because of GDPR

1.4. Contact person function

Confidential because of GDPR

1.5. Contact mail address

 

5, rue Alphonse Weicker

 

L-2721 Luxembourg

 

1.6. Contact email address

Confidential because of GDPR

1.7. Contact phone number

Confidential because of GDPR

1.8. Contact fax number

Confidential because of GDPR

2.1. Metadata last certified

17 May 2018

2.2. Metadata last posted

20 May 2025

2.3. Metadata last update

20 May 2025

The indicator is part of the EU Sustainable Development Goals (SDG) indicator set. It is used to monitor progress towards SDG 17 on revitalizing the global partnership for sustainable development which is embedded in the European Commission’s Priorities under 'A new era for European Defence and Security' and 'Protecting our democracy, upholding our values'.

SDG 17 calls for a global partnership for sustainable development. It highlights the importance of macroeconomic stability and of mobilising financial resources for developing countries. It also stresses the importance of trade and equitable rules for governing it. The goal also emphasises the importance of access to science and technology, in particular internet-based information and communications technology. 

To help others to advance their economies, it is pivotal to keep the EU’s own economies on a sustainable development path. Macroeconomic management that aims to ensure financial stability in the EU is therefore one pillar of the EU’s contribution to implementing the SDGs. Government debt should consequently be limited to a manageable level and not exceed 60 % of GDP, as laid down in the Treaty on the Functioning of the European Union. This forms the basis of the Stability and Growth Pact and the Excessive Deficit Procedure (EDP), which ensures fiscal sustainability. 

In 2024, the ambitious reform of the EU’s economic governance framework, aimed at strengthening Member States’ debt sustainability and promoting sustainable and inclusive growth in all Member States, entered into force.

4.1. Data description

The indicator is defined in the 2012 consolidated version of the Treaty on the Functioning of the European Union and furter elaborated in Council Regulation (EC) No 479/2009, as amended and Regulation (EU) No 549/2013 of the European Parliament and of the Council (ESA 2010) and subsequent legal amendments, supplemented by further interpretation and guidance from Eurostat, in particular the Manual on Government Deficit and Debt as the ratio of total government gross debt at nominal value outstanding at the end of the year to GDP at current market prices.

The government debt is defined as the total consolidated gross debt at nominal value at the end of the year in the following categories of government liabilities (as defined in ESA 2010): currency and deposits (AF.2), debt securities (AF.3) and loans (AF.4). The general government sector comprises the subsectors of central government, state government, local government and social security funds.

4.2. Unit of measure

% of GDP and million EUR (current prices), in the source data set  gov_10dd_edpt1, data is available in million of national currency.

4.3. Reference Period

The data refers to the stock at the end of the calendar year.

4.4. Accuracy - overall

The indicator is produced according to the high-level quality standards of European Statistics. Details on accuracy can be found in the metadata of the source dataset (see link to related metadata).

4.5. Source data

See gov_10dd

4.5.1. Source data - Organisation

ESS

4.5.2. Source data - Comment

Data source: European Statistical System (ESS).

Data provider: Statistical Office of the European Union (Eurostat), based on data reported by the countries.

5.1. Frequency of dissemination

5.1.1. Frequency of dissemination - Grade

Every year

5.1.2. Frequency of dissemination - Comment

The indicator is updated biannually. Complete and updated ESS data release information can be accessed via Eurostat release calendar.

5.2. Timeliness

5.2.1. Timeliness - Grade

T+1 year

5.2.2. Timeliness - Comment

New data points are disseminated within one year after the reference year.

6.1. Reference area

6.1.1. Reference Area - Grade

All EU MS

6.1.2. Reference Area - Comment

Data are presented for all EU Member States.

6.2. Comparability - geographical

6.2.1. Comparability - geographical - Grade

All EU MS

6.2.2. Comparability - geographical - Comment

Data are comparable between all EU Member States.

6.3. Coverage - Time

6.3.1. Time Coverage - Grade

> 10 years

6.3.2. Time Coverage - Comment

Presented time series (including EU aggregates) starts in 2000.

6.4. Comparability - over time

6.4.1. Comparability - over time - Grade

> 4 data points

6.4.2. Comparability - over time - Comment

Length of comparable time series without methodological break is longer than 4 data points.

7.1. Dissemination format - Publications

Analysis of the indicator is presented in Eurostat's annual monitoring report on Sustainable development in the EU (progress towards SDGs in the EU context).

7.2. Dissemination format - online database

See table sdg_17_40.

7.3. Dissemination format - other

Eurostat dedicated section on SDGs: overview.

Copyrights: Eurostat Copyright/Licence Policy is applicable.