Euro-area government debt rises to 88.8% of GDP in Q2 2026
Eurostat reports the euro-area gross government debt ratio reached 88.8% of GDP at the end of Q2 2026, up from 88.4% in Q1 and 87.3% a year earlier.
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Eurostat reported that gross government debt in the 21-country euro area reached 88.8% of GDP at the end of Q2 2026, up from 88.4% in Q1 and 87.3% a year earlier. The EU ratio rose to 82.9%. Greece, Italy and France recorded the highest national ratios, while Estonia and Denmark had the lowest.
Euro-area government debt rises to 88.8% of GDP in Q2 2026 ↗Eurostat reports the euro-area gross government debt ratio reached 88.8% of GDP at the end of Q2 2026, up from 88.4% in Q1 and 87.3% a year earlier.
Eurostat's provisional seasonally adjusted data show the euro-area general-government deficit at 3.3% of GDP in Q2 2026, up from 3.2%, with the EU measure at 3.5%.
European Central Bank blog says the euro area absorbed this year's energy price rise through lower oil reliance, fiscal support and AI-driven trade, with risks ahead.
IMF's October 2026 outlook forecasts 3.1% global growth for 2026 and 3.4% for 2027, with inflation at 4.7% and 4.1%, and warns of downside risks.