Euro Area Government Debt to GDP

Last Release

Dec 31, 2021

Actual

95.6

Units In

% of GDP

97.2

Frequency

Yearly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
97.2 Dec 2020	66 Dec 2007	79.33 % of GDP	1995-2021	Eurostat

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.

Latest Updates

The government debt to GDP ratio in the Euro Area decreased to 88.6% at the end of 2023 from a revised 90.8% at the end of 2022, marking its lowest level in four years. Twelve economies within the bloc had government debt ratios exceeding 60% of GDP, with the highest figures observed in Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium (105.2%). Among other economies, Germany recorded a ratio of 63.6% of GDP, while the Netherlands reported 46.5%.