Eurostat/Euro area and EU28 government deficit both at 1.0% of GDP/22 October 2018
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%.
Relevant Posts
- Eurostat/Annual inflation up to 2.1% in the euro area/October 2018
- Eurostat/Euro area unemployment at 8.1%/October 2018