In 2023, the Eurozone saw a reduction in both its government debt and budget deficit relative to GDP. The government debt decreased to 88.6% of GDP, down from 90.8% in the previous year. Concurrently, the budget deficit narrowed to 3.6% of GDP from 3.7% in 2022.
🇪🇺 Europe Government Debt to GDP $EUR Actual: 88.6% Previous: 90.8%
🇪🇺 Europe Government Budget to GDP $EUR Actual: -3.6% Previous: -3.7%
💶 Government Budget to GDP (2023) Actual: -3.6% Previous: -3.7% https://t.co/s88RN5QoO9
EUROZONE BUDGET DEFICIT NARROWED TO 3.6% OF GDP IN 2023 FROM 3.7% IN 2022.
EUROZONE GOVERNMENT DEBT FELL TO 88.6% OF GDP IN 2023 FROM 90.8% IN 2022.
Eurozone Govt Debt/GDP Ratio 2023 P: 88.6% (prev 90.8%)