Eurostat reported today that the
eurozone's general government gross debt to GDP ratio was 88.1%
at the end of the second quarter of 2024, up from 87.8% in the
first quarter. In the EU, the ratio rose from 81.3% to 81.5%.
The government debt to GDP ratio fell in both the eurozone (from
88.8% to 88.1%) and the EU (from 81.9% to 81.5%) when compared
to the second quarter of 2023. At the end of the second quarter
of 2024, the highest ratios of government debt to GDP were
recorded in Greece (163.6%), Italy (137.0%), France (112.2%),
Belgium (108.0%), Spain (105.3%), and Portugal (100.6%), while
the lowest were recorded in Bulgaria (22.1%), Estonia (23.8%),
and Luxembourg (26.8%).
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