European Union Debt to GDP Ratio 1998-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • European Union debt to gdp ratio for 2022 was 79.61%, a 15.34% decline from 2021.
  • European Union debt to gdp ratio for 2021 was 94.95%, a 5.67% decline from 2020.
  • European Union debt to gdp ratio for 2020 was 100.62%, a 16.32% increase from 2019.
  • European Union debt to gdp ratio for 2019 was 84.30%, a 1.2% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
North America 105.75%
OECD members 103.11%
World 97.98%
Euro Area 85.29%
European Union 79.61%
European Union Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 79.61% -15.34%
2021 94.95% -5.67%
2020 100.62% 16.32%
2019 84.30% 1.20%
2018 83.10% -2.16%
2017 85.26% -2.34%
2016 87.61% -0.05%
2015 87.65% -2.43%
2014 90.09% 5.65%
2013 84.44% 2.42%
2012 82.02% 9.48%
2011 72.54% 0.95%
2010 71.59% 3.40%
2009 68.19% 8.30%
2008 59.89% 4.52%
2007 55.37% -3.04%
2006 58.41% -3.45%
2005 61.87% 0.52%
2004 61.34% 0.36%
2003 60.98% -0.28%
2002 61.26% 0.99%
2001 60.27% -1.65%
2000 61.92% -1.56%
1999 63.48% -3.15%
1998 66.63% -3.15%