European Union recorded a government debt equivalent to 79.30 percent of the country's Gross Domestic Product in 2019.

Government Debt To GDP in European Union averaged 72.45 percent from 2000 until 2019, reaching an all time high of 87 percent in 2014 and a record low of 58.10 percent in 2007. This page provides - European Union Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Debt To GDP - values, historical data and charts - was last updated on July of 2020.

Government Debt To GDP in European Union is expected to reach 95.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Government Debt To GDP is projected to trend around 91.00 percent in 2021 and 85.00 percent in 2022, according to our econometric models.

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European Union Government Debt To GDP

Actual Previous Highest Lowest Dates Unit Frequency
79.30 80.40 87.00 58.10 2000 - 2019 percent Yearly

European Union Government Last Previous Highest Lowest Unit
Government Debt To GDP 79.30 80.40 87.00 58.10 percent [+]
Government Budget -0.80 -0.70 -0.70 -6.90 percent of GDP [+]
Government Spending 766147.70 760031.40 766147.70 512028.00 EUR Million [+]
Government Spending To GDP 45.80 45.80 51.10 44.80 percent [+]
Government Debt 13053825.90 12791055.80 13053825.90 5860726.10 EUR Million [+]
Credit Rating 98.00 [+]
Asylum Applications 65810.00 55890.00 167190.00 10785.00 persons [+]