A look at deficits across the eurozone

Government deficits for the 17-country eurozone edged down as a whole in 2012 from 2011. Deficits rose, however, in the countries imposing the toughest austerity measures.

Here’s a look at public deficit levels in the currency bloc:

European government deficit (-) or surplus (+) calculated as percentage of annual GDP

Country 2009 2010 2011 2012 2012Debt to GDP (
Austria -4.1 -4.5 -2.5 -2.5 73.4
Belgium -5.6 -3.8 -3.7 -3.9 99.6
Cyprus -6.1 -5.3 -6.3 -6.3 85.8
Estonia -2.0 0.2 1.2 -0.3 10.1
Finland -2.5 -2.5 -0.8 -1.9 53.0
France -7.5 -7.1 -5.3 -4.8 90.2
Germany -3.1 -4.1 -0.8 0.2 81.9
Greece -15.6 -10.7 -9.5 -10.0 156.9
Ireland -13.9 -30.8 -13.4 -7.6 117.6
Italy -5.5 -4.5 -3.8 -3.0 127.0
Luxembourg -0.8 -0.9 -0.2 -0.8 20.8
Malta -3.7 -3.6 -2.8 -3.3 72.1
Netherlands -5.6 -5.1 -4.5 -4.1 71.2
Portugal -10.2 -9.8 -4.4 -6.4 123.6
Slovenia -6.2 -5.9 -6.4 -4.0 54.1
Slovakia -8.0 -7.7 -5.1 -4.3 52.1
Spain -11.2 -9.7 -9.4 -10.6 84.2
17-country eurozone -6.4 -6.2 -4.2 -3.7 90.6
27-country EU -6.9 -6.5 -4.4 -4.0 85.3
Source: Eurostat

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus