Euro area government deficit at 2.9% and EU at 3.1% of GDP in World Economy News 23/04/2026 In the euro area (EA20) the government deficit to GDP ratio decreased from 3.0% in 2024 to 2.9% in 2025. In the EU, it remained unchanged at 3.1%, the same level as in 2024. In the euro area the government debt to GDP ratio increased from 87.0% at the end of 2024 to 87.8% at the end of 2025, and in the EU from 80.7% to 81.7%. In this release, Eurostat, the statistical office of the European Union, is providing government deficit and debt data for the years 2022-2025, based on figures reported by EU Member States in the first notification in 2026, 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 2025, all Member States, except Cyprus (+3.4%), Denmark (+2.9%), Ireland (+1.8%), Greece (+1.7%) and Portugal (+0.7%), reported a deficit. The highest deficits were recorded in Romania (‑7.9%), Poland (-7.3%), Belgium (-5.2%) and France (‑5.1%). Eleven Member States had deficits equal to or higher than 3% of GDP. At the end of 2025, the lowest ratios of government debt to GDP were recorded in Estonia (24.1%), Luxembourg (26.5%), Denmark (27.9%), Bulgaria (29.9%), Ireland (32.9%), Sweden (35.1%) and Lithuania (39.5%). Twelve Member States had government debt ratios higher than 60% of GDP, with the highest registered in Greece (146.1%), Italy (137.1%), France (115.6%), Belgium (107.9%) and Spain (100.7%). In 2025, government total expenditure to GDP ratio in the euro area stood at 49.8% of GDP and government total revenue to GDP ratio stood at 46.9%. The figures for the EU were 49.5% and 46.4%, respectively. Government revenue and expenditure ratios increased both in the euro area and the EU, compared to 2024. Reservations on reported data Eurostat has no reservations on the data reported by Member States. Amendment by Eurostat to reported data Eurostat has made no amendments to the data reported by Member States. Full Report Source: Eurostat 2026-04-23 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share