First notification Euro area and EU28 government deficit at 3.0% and 3.3% of GDP respectively

EU News 187/2014

23 April 2014
STAT/14/64

In 2013, the government deficit of both the euro area (EA18) and the EU28 decreased in absolute terms compared with 2012, while the government debt rose in both zones. In the euro area the government deficit to GDP ratio decreased from 3.7% in 2012 to 3.0% in 2013, and in the EU28 from 3.9% to 3.3%. In the euro area the government debt to GDP ratio increased from 90.7% at the end of 2012 to 92.6% at the end of 2013, and in the EU28 from 85.2% to 87.1%.

Source and additional information:
http://europa.eu/rapid/press-release_STAT-14-64_en.htm?locale=en

Changes in government debt to GDP ratio, 2013Q4 compared with 2013Q3, in percentage points. (Quarterly GDP figures for the EU28, EA18, Denmark and Poland have been benchmarked to the most up-to-date annual GDP figures by Eurostat) EU, 2014 URL

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