Quarterly data on government debt, Q2 2016, Eurostat

Page created: Monday, 24 October 2016 10:56GMT

Press Release:  24 October 2016 - 4 Page(s)
Tags:
Debt to GDP  EU  Euro areaX Government Debt  European Union  Total Debt

At the end of the second quarter of 2016, the government debt to GDP ratio in the euro area (EA19) stood at 91.2%, compared with 91.3% at the end of the first quarter of 2016. In the EU28, the ratio decreased from 84.5% to 84.3%. Compared with the second quarter of 2015, the government debt to GDP ratio fell in both the euro area (from 92.1% to 91.2%) and the EU28 (from 87.5% to 84.3%).
At the end of the second quarter of 2016, debt securities accounted for 79.5% of euro area and for 81.0% of EU28 general government debt. Loans made up 17.5% and 15.2% respectively and currency and deposits represented 2.9% of euro area and 3.9% 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 second quarter of 2016 amounted to 2.2% in the euro area and to 1.6% in the EU28.
These data are released by Eurostat, the statistical office of the European Union.



Original title:  Government debt fell to 91.2% of GDP in euro area

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