Seasonally adjusted government deficit down to 2.0% of GDP in the euro area

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The FINANCIAL — In the second quarter of 2015, the seasonally adjusted general government deficit to GDP ratio stood at 2.0% in the euro area (EA19), a decrease compared with 2.1% in the first quarter of 2015. In the EU28, the deficit to GDP ratio stood at 2.4%, a decrease compared with 2.5% in the previous quarter.

Government revenue and expenditure for the euro area and EU28

In the second quarter of 2015, total government revenue in the euro area compared with the first quarter of 2015. Total government expenditure in the compared with 48.6% of GDP in the previous quarter. amounted to 46.5% of GDP, stable euro area stood at 48.5% of GDP,

In the EU28, total government revenue was 44.9% of GDP in the second quarter of 2015, compared with 45.0% in the first quarter of 2015. Total government expenditure in the EU28 was 47.3% of GDP, compared with 47.5% in the previous quarter.

 

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