Provision of deficit and debt data for 2015 – second notification

Eurostat/Provision of deficit and debt data for 2015 – second notification/204/2016 – 21 October 2016

In this release, Eurostat, the statistical office of the European Union, is providing government deficit and debt data based on figures reported in the second 2016 notification by EU Member States for the years 2012-2015, for the application of the excessive deficit procedure (EDP). This notification is based on the ESA 2010 system of national accounts. This release also includes data on government expenditure and revenue.

In 2015, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2014. In the euro area the government deficit to GDP ratio fell from 2.6% in 2014 to 2.1% in 2015, and in the EU28 from 3.0% to 2.4%. In the euro area the government debt to GDP ratio declined from 92.0% at the end of 2014 to 90.4% at the end of 2015, and in the EU28 from 86.7% to 85.0%.

Relevant Posts

• Eurostat/Euro area and EU28 government deficit at 2.1% and 2.4% of GDP respectively – Government debt at 90.7% and 85.2%/76/2016 – 21 April 2016
• Eurostat/Seasonally adjusted government deficit down to 1.6% of GDP in the euro area/148/2016 – 22 July 2016