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Euro area and EU28 government deficit at 1.5% and 1.7% of GDP respectively

Eurostat/Euro area and EU28 government deficit at 1.5% and 1.7% of GDP respectively/23 Οκτωβρίου,2017

In 2016, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2015. In the euro area the government deficit to GDP ratio fell from 2.1% in 2015 to 1.5% in 2016, and in the EU28 from 2.4% to 1.7%. In the euro area the government debt to GDP ratio declined from 89.9% at the end of 2015 to 88.9% at the end of 2016, and in the EU28 from 84.5% to 83.2%.

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