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Euro area and EU28 government deficit at 2.9% and 3.2% of GDP respectively

Euro area and EU28 government deficit at 2.9% and 3.2% of GDP respectively

In 2013, the government deficit of both the euro area (EA18) and the EU28 decreased in absolute terms compared with 2012, while the government debt rose in both zones. In the euro area the government deficit to GDP ratio decreased from 3.6% in 2012 to 2.9% in 2013 and in the EU28 from 4.2% to 3.2%. In the euro area the government debt to GDP ratio increased from 89.0% at the end of 2012 to 90.9% at the end of 2013 and in the EU28 from 83.5% to 85.4%.

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Release date: 21/10/2014
 

Additional information

Product Code: 2-21102014-AP
Theme: Economy and finance
Collection: News releases