Euro Area Government Debt To GDP

The Government Debt in the Euro Area was last reported at 85.1 percent of the country´s GDP. From 1999 until 2010, the Euro Area's average Government Debt to GDP was 71.18 percent reaching an historical high of 85.10 percent in December of 2010 and a record low of 66.20 percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure the Euro Area's ability to make future payments on its debt, thus affecting the Euro Area's borrowing costs and government bond yields. This page includes a chart with historical data for the Euro Area's General Government Gross Debt as a percent of GDP.

Date Selection	Members Only. Please Register or Login
to

Government Debt to GDP

Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.

Euro Area News

Euro Area Trade Surplus Widens in December
Published: 2/15/2012 12:31:14 PM By: TradingEconomics.com, Eurostat
The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in December 2011 gave a 9.7 bn euro surplus, compared with -1.7 bn in December 2010.

Euro Area GDP Down by 0.3% in Q4
Published: 2/15/2012 10:08:12 AM By: TradingEconomics.com, Eurostat
Euro Area GDP fell by 0.3% in both the euro area (EA17) and the EU271 during the fourth quarter of 2011, compared with the previous quarter, according to flash estimates published by Eurostat. In the third quarter of 2011, growth rates were +0.1% and +0.3% respectively.

ECB Keeps Interest Rate at 1%
Published: 2/9/2012 1:49:56 PM By: TradingEconomics.com, ECB
At the meeting on February 9th, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 1.00%, 1.75% and 0.25% respectively.

Euro Area Unemployment Rate at 10.4% in December
Published: 1/31/2012 1:46:43 PM By: TradingEconomics.com, Eurostat
The euro area (EA17) seasonally-adjusted unemployment rate was 10.4% in December 2011, unchanged compared with November. It was 10.0% in December 2010.

Euro Area Annual inflation down to 2.7%
Published: 1/17/2012 12:27:24 PM By: TradingEconomics.com, Eurostat
Euro area annual inflation was 2.7% in December 2011, down from 3.0% in November. A year earlier the rate was 2.2%. Monthly inflation was 0.3% in December 2011.

Euro Area Trade Surplus Widens in November
Published: 1/13/2012 11:59:35 AM By: TradingEconomics.com, Eurostat
The first estimate for euro area (EA17) trade with the rest of the world in November 2011 gave a 6.9 bn euro surplus, compared with -2.3 bn euro in November 2010. The October 2011 balance was +1.0 bn, compared with +3.1 bn in October 2010. In November 2011 compared with October 2011, seasonally adjusted exports rose by 3.9%, while imports remained stable.

ECB Keeps Interest Rate Unchanged
Published: 1/12/2012 12:48:31 PM By: TradingEconomics.com, ECB
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 1.00%, 1.75% and 0.25% respectively.

Euro Aea Unemployment Rate at 10.3%
Published: 1/6/2012 12:02:02 PM By: TradingEconomics.com, Eurostat
The euro area (EA17) seasonally-adjusted unemployment rate was 10.3% in November 2011, unchanged compared with October. It was 10.0% in November 2010.

Euro Area Trade Surplus Widens in October
Published: 12/16/2011 1:53:03 PM By: TradingEconomics.com, Eurostat
The first estimate for euro area (EA17) trade with the rest of the world in October 2011 gave a 1.1 bn euro surplus, compared with +3.1 bn euro in October 2010. The September 2011 balance was +2.7 bn, compared with +0.3 bn in September 2010.

Euro Area Annual Inflation Stable at 3.0%
Published: 12/15/2011 1:05:34 PM By: TradingEconomics.com, Eurostat
Euro area annual inflation was 3.0% in November 2011, unchanged compared with October. A year earlier the rate was 1.9%. Monthly inflation was 0.1% in November 2011.

More news