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Euro area and EU28 government deficit both at 1.0% of GDP

Euro area and EU28 government deficit both at 1.0% of GDP

In 2017, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2016. In the euro area the government deficit to GDP ratio fell from 1.6% in 2016 to 1.0% in 2017, and in the EU28 from 1.7% to 1.0%. In the euro area the government debt to GDP ratio declined from 89.1% at the end of 2016 to 86.8% at the end of 2017, and in the EU28 from 83.3% to 81.6%.

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Release date: 22/10/2018
 

Additional information

Product Code: 2-22102018-AP
Theme: Economy and finance
Collection: News releases