EU: Government debt/GDP ratio drops to 77.8% in Q4

April 23, 2020

ISTANBUL

The EU’s general government debt to GDP ratio was 77.8% at the end of the last quarter of 2019, according to Eurostat data released Thursday.

The figure was down from 79.3% at the end of the second quarter of last year and 79.6% in the same quarter of 2018.

The ratio was 84.1% in the eurozone in the fourth quarter of the last year, down from 85.8% in the same quarter of the previous year.

Greece remained with the highest general government debt to GDP ratio in the bloc with 176.6%, a debt of €331.1 billion ($370.8 billion).