Government Deficit at 2.9% of GDP in the Euro Area and in the EU

22 July 2025

In the first quarter of 2025, the seasonally adjusted general government deficit to GDP ratio in the euro area fell to 2.9% from 3.2% in the fourth quarter of 2024.
At the end of the first quarter of 2025, the general government gross debt to GDP ratio increased to 88.0% from 87.4% at the end of the fourth quarter of 2024. This ratio was 87.8% in the first quarter of 2024.

Source: Eurostat
Post by: Republic of Türkiye Ministry of Trade