Euro Area recorded a Government Debt to GDP of 98 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT

Government Debt to GDP in the Euro Area averaged 78.73 percent from 1995 until 2020, reaching an all time high of 98 percent in 2020 and a record low of 66 percent in 2007. This page provides the latest reported value for - Euro Area Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Debt to GDP - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Government Debt to GDP in Euro Area is expected to reach 102.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Debt to GDP is projected to trend around 101.00 percent of GDP in 2022 and 97.00 percent of GDP in 2023, according to our econometric models.

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Euro Area Government Debt to GDP

Calendar GMT Actual Previous Consensus TEForecast
2020-04-22 09:00 AM 2019 84.1% 85.8% 82%
2021-04-22 09:00 AM 2020 98% 83.9% 115%
2022-04-22 09:00 AM 2022

Related Last Previous Unit Reference
Government Debt to GDP 98.00 83.90 percent of GDP Dec/20
Government Budget -7.20 -0.60 percent of GDP Dec/20
Government Spending 607.33 599.91 EUR Billion Jun/21
Government Spending to GDP 54.10 47.00 percent of GDP Dec/20
Government Debt 11107741.00 10027455.00 EUR Million Dec/20
Euro Area Government Debt to GDP
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.