Euro area government deficit at 3.6% and EU at 3.5% of GDP

(ANSA) - BELGRADE, APR 22 - According to EUrostat data, the government deficit to GDP ratio in the eurozone fell from 3.7% in 2022 to 3. 6% in 2023, while it rose from 3.4% to 3.5% in the European Union. In the eurozone, the government debt-to-GDP ratio fell from 90.8% at the end of 2022 to 88.6% at the end of 2023, while in the EU it fell from 83.4% to 81.7 percent.
    At the end of 2023, Estonia (19.6%), Bulgaria (23.1%), Luxembourg (25.7%), Denmark (29.3%), Sweden (31.2%), and Lithuania (38.3%) had the lowest government debt-to-GDP ratios.
    Thirteen Member States had government debt ratios greater than 60% of GDP, with the highest being Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium (105.2%).
    (ANSA).