{"id":424779,"date":"2025-04-22T12:12:10","date_gmt":"2025-04-22T10:12:10","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/04\/22\/debito-pubblico-all874-per-cento-del-pil-nellarea-delleuro\/"},"modified":"2025-04-22T14:15:36","modified_gmt":"2025-04-22T12:15:36","slug":"euro-area-public-debt-at-87-4-percent-of-gdp","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/04\/22\/euro-area-public-debt-at-87-4-percent-of-gdp\/","title":{"rendered":"Euro area public debt at 87.4 percent of GDP"},"content":{"rendered":"

Brussels–At the end of the fourth quarter of 2024, the government gross debt to GDP ratio in the euro area\u00a0<\/strong>(EA20) stood at 87.4 percent, compared to 88.1 percent at the end of the third quarter of 2024. In the EU,\u00a0the ratio fell from 81.6<\/strong> percent to 81.0 percent<\/strong>.<\/p>\n

Compared to the fourth quarter of 2023, the debt-to-GDP ratio increased slightly in\u00a0the euro <\/strong>area (from 87.3 percent to 87.4 percent) and the EU (from 80.8 percent to 81.0 percent).<\/p>\n

At the end of the fourth quarter of 2024, the general government debt was composed of 84.0 percent debt securities in the Euro<\/strong> area and 83.4 percent in the EU, <\/strong>13.5 percent loans in the Euro<\/strong> area and 14.1 percent in the EU, and 2.5 percent currency and deposits in the Euro<\/strong> area and 2.4 percent in the EU.<\/p>\n

Due to the involvement of EU Member States’ governments in lending to certain Member States, quarterly data on intergovernmental lending (IGL) are also published. The IGL as a percentage of GDP at the end of the fourth quarter of 2024 stood at 1.4% in the euro<\/strong> area and\u00a01.2% in the EU.<\/p>\n

Eurostat, the statistical office of the European Union<\/strong>, published the\u00a0data<\/a>.<\/p>\n

Member states’ government debt at the end of the fourth quarter of 2024<\/h4>\n

The highest public debt to GDP ratio at the end of the fourth quarter of 2024 was recorded in Greece <\/strong>(153.6 %), Italy <\/strong>(135.3 %), France <\/strong>(113,0 %), Belgium <\/strong>(104.7 %), and Spain <\/strong>(101.8 %), while the lowest was recorded in Estonia <\/strong>(23.6 %), Bulgaria <\/strong>(24.1 %) and Luxembourg <\/strong>(26.3 %).<\/p>\n

\n

In comparison with the third quarter of 2024, eight member states recorded an increase in the debt-to-GDP ratio at the end of the fourth quarter of 2024, eighteen recorded a decrease, and the ratio remained stable in Finland<\/strong>.The largest increases in the ratio were observed in Poland <\/strong>(+2.0 percentage points – percentage points), Romania <\/strong>and Sweden <\/strong>(both +1.6 percentage points), Malta <\/strong>(+1.5 percentage points) and Netherlands <\/strong>(+1.2 percentage points). The largest decreases were recorded in Greece <\/strong>(-4.7 percentage points), Cyprus <\/strong>(-4.1 percentage points), Spain <\/strong>(-2.5 percentage points), Denmark <\/strong>(-2.3 percentage points), Portugal <\/strong>(-2.2 percentage points), Hungary<\/strong> (-2.1 percentage points) and Croatia<\/strong> (-2.0 percentage points).<\/p>\n

#<\/a>###<\/p>\n

Compared with the third quarter of 2024, eight Member States registered an increase in their debt-to-GDP ratio at the end of the fourth quarter of 2024, eighteen registered a decrease, and the ratio remained stable in Finland<\/strong>. The largest increases in the ratio were observed in Poland<\/strong> (+2.0 percentage points \u2013 pp), Romania<\/strong> and Sweden<\/strong> (both +1.6 pp), Malta<\/strong> (+1.5 pp), and the Netherlands<\/strong> (+1.2 pp). The largest decreases were recorded in Greece<\/strong> (-4.7 pp), Cyprus <\/strong>(-4.1 pp), Spain<\/strong> (-2.5 pp), Denmark<\/strong> (-2.3 pp), Portugal<\/strong> (-2.2 pp), Hungary<\/strong> (-2.1 pp), and Croatia<\/strong> (-2.0 pp).<\/p>\n","protected":false},"excerpt":{"rendered":"

Greece, Italy, and France the most indebted governments. Eurostat data show<\/p>\n","protected":false},"author":1,"featured_media":424772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[28172,30670,31068],"class_list":["post-424779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-debt-public-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/424779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=424779"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/424779\/revisions"}],"predecessor-version":[{"id":424807,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/424779\/revisions\/424807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/424772"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=424779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=424779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=424779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}