Euro area government deficit at 5.1% and EU at 4.7% of GDP - Products Euro Indicators

In 2021, the government deficit of both the euro area and the EU decreased compared with 2020, as did the government debt. In the euro area the government deficit to GDP ratio shrunk from 7.1% in 2020 to 5.1% in 2021 and in the EU from 6.8% to 4.7%. In the euro area the government debt to GDP ratio decreased from 97.2% at the end of 2020 to 95.6% at the end of 2021, and in the EU from 90.0% to 88.1%.