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Government debt down to 85.1% of GDP in euro area
Brussels, 25.04.2019
At the end of the fourth quarter of 2018, the government debt to GDP ratio in the euro area (EA19) stood at 85.1%, compared with 86.4% at the end of the third quarter of 2018. In the EU28, the ratio decreased from 81.0% to 80.0%. Compared with the fourth quarter of 2017, the government debt to GDP ratio fell in both the euro area (from 87.1% to 85.1%) and the EU28 (from 81.7% to 80.0%). At the end of the fourth quarter of 2018, debt securities accounted for 80.9% of euro area and for 81.6% of EU28 general government debt. Loans made up 16.0% and 14.2% respectively and currency and deposits represented 3.1% of euro area and 4.1% of EU28 government debt. Due to the involvement of EU Member States’ governments in financial assistance to certain Member States, quarterly data on intergovernmental lending (IGL) is also published. The share of IGL in GDP at the end of the fourth quarter of 2018 amounted to 2.0% in the euro area and to 1.5% in the EU28. These data are released by Eurostat, the statistical office of the European Union. Issued by: Eurostat Press Office
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