Public Debt in Euro Area
Public debt in the Euro Area averaged 90.9% of GDP in the decade to 2022, below the Major Economies' average of 118.2% of GDP. Public debt in 2022 was 91.0% of GDP. For more public debt information, visit our dedicated page.
Euro Area Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Euro Area from 2014 to 2023.
Source: Macrobond.
Euro Area Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 83.6 | 96.5 | 93.8 | 89.5 | 87.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects European public debt projections for the next ten years from a panel of 27 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for European public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our European public debt projections.
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