Govt deficit 3.1% of GDP in euro area in 2024, 3.2% in EU: Eurostat
The government deficit:GDP ratio fell from 3.5 per cent in 2023 to 3.1 per cent in 2024 in the euro area, and from 3.5 per cent to 3.2 per cent in the EU. Twelve states had government debt ratios more than 60 per cent of GDP. Euro area government expenditure in 2024 was 49.6 per cent of GDP and government revenue was 46.5 per cent. For the EU, these were 49.2 per cent and 46 per cent respectively.
The government deficit:GDP ratio fell from 3.5 per cent in 2023 to 3.1 per cent in 2024 in the euro area, and from 3.5 per cent to 3.2 per cent in the EU.
Twelve states had government debt ratios more than 60 per cent of GDP.
Euro area government expenditure in 2024 was 49.6 per cent of GDP and government revenue was 46.5 per cent.
For the EU, these were 49.2 per cent and 46 per cent respectively.
