Quarterly data on government debt, Q1 2017, Eurostat

Page created: Thursday, 20 July 2017 11:33GMT

Press Release:  20 July 2017 - 4 Page(s)
Tags:
Debt  Euro Area  European Union  Portugal  Public Debt

At the end of the first quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 89.5%,
compared with 89.2% at the end of the fourth quarter of 2016. In the EU28, the ratio also increased from 83.6% to
84.1%. Compared with the first quarter of 2016, the government debt to GDP ratio fell in both the euro area (from
91.2% to 89.5%) and the EU28 (from 84.3% to 84.1%).
At the end of the first quarter of 2017, debt securities accounted for 80.1% of euro area and for 81.3% of EU28
general government debt. Loans made up 16.9% and 14.7% respectively and currency and deposits represented
3.0% of euro area and 4.0% of EU28 government debt. Due to the involvement of EU 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 first quarter of 2017 amounted to 2.1% in the euro area and to 1.6% in the
EU28.