Seasonally adjusted government deficit at 3.3% of GDP in the euro area - European Commission

In the second quarter of 2026, the seasonally adjusted general government deficit to GDP ratio stood at 3.3% in the euro area (EA21) and at 3.5% in the EU . The euro area deficit to GDP ratio increased slightly compared to 3.2% in the first quarter of 2026, while the EU deficit to GDP ratio increased compared to 3.1% in the previous quarter. These data are released by Eurostat, the statistical office of the European Union . In the second quarter of 2026, government total revenue in the euro area amounted to 46.8% of GDP. The decrease compared with 46.9% in the first quarter of 2026 was mainly due to an increase in seasonally adjusted government total revenue in absolute terms by around €21 billion being outweighed by an increase in nominal GDP.