Government debt at 88.8% of GDP in euro area - European Commission

At the end of the second quarter of 2026, the general government gross debt to GDP ratio in the euro area (EA21) stood at 88.8%, an increase compared with 88.4% at the end of the first quarter of 2026. In the EU , the ratio also increased from 82.5% to 82.9%. Compared with the second quarter of 2025, the government debt to GDP ratio increased in both the euro area (from 87.3% to 88.8%) and the EU (from 81.4% to 82.9%). At the end of the second quarter of 2026, the general government debt was made up of 84.5% debt securities in the euro area and 83.9% in the EU , 13.1% loans in the euro area and 13.8% in the EU and 2.4% currency and deposits in both the euro area and the EU .