Seasonally adjusted government deficit at 2.8% of GDP in the euro area and in the EU – Products Euro Indicators

In the third quarter of 2023, the seasonally adjusted general government deficit to GDP ratio stood at 2.8% in the euro area (EA20) and in the EU. The euro area and EU deficit to GDP ratios decreased slightly compared to the second quarter of 2023. In the third quarter of 2023, the euro area and EU deficit to GDP ratios stood at 2.8%, a decrease compared to 3.0% in the second quarter of 2023. Measures to alleviate the impact of high energy prices continued to impact on the government balances in the third quarter of 2023.

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