Debt to GDP ratio at 86.3% at the end of the 1st quarter in the euro area, 97.7% in Cyprus

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The ratio of public debt to GDP in the euro area rose to 86.3% at the end of the first quarter of 2020, compared to 84.1% at the end of the fourth quarter of 2019, according to data released today by Eurostat, the EU statistical office.

In the EU, the ratio increased from 77.7% to 79.5%. Compared to the first quarter of 2019, the debt-to-GDP ratio decreased both in the euro area (from 86.4% to 86.3%) and in the EU (from 80.0% to 79.5%). ).

(KYPE)