Provision of deficit and debt data for 2016 – first notification – Euro area and EU28 government deficit at 1.5% and 1.7% of GDP respectively – Government debt at 89.2% and 83.5%

In 2016, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2015. In the euro area the government deficit to GDP ratio fell from 2.1% in 2015 to 1.5% in 2016, and in the EU28 from 2.4% to 1.7%. In the euro area the government debt to GDP ratio declined from 90.3% at the end of 2015 to 89.2% at the end of 2016, and in the EU28 from 84.9% to 83.5%.

Full text available on EUROSTAT website