Eurozone 2010 Government Deficit and Debt: Summary

Following is the 2010 summary of eurozone government deficit and public debt from Eurostat in Luxembourg:

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                                        2010       2009       2008       2007
=============================================================================
                                     --------------- Euro-zone --------------
GDP Market Prices                  9,161,696  8,930,927  9,244,306  9,030,198
 Govt Deficit(-)/Surplus(+)         -572,526   -571,457   -196,966    -62,044
 Govt Deficit(-)/Surplus(+) / GDP      -6.2%      -6.4%      -2.1%      -0.7%
 Govt Expenditure % of GDP             50.9%      51.1%      47.1%      45.9%
 Govt Revenue % of GDP                 44.6%      44.7%      44.9%      45.2%
 Govt Debt                         7,822,443  7,125,902  6,481,274  5,989,195
 Govt Debt % of GDP                    85.4%      79.8%      70.1%      66.3%
                                     ----------------- EU27 -----------------
GDP Market Prices                 12,246,904 11,750,700 12,465,271 12,397,519
 Govt Deficit(-)/Surplus(+)         -805,008   -810,475   -302,420   -110,314
 Govt Deficit(-)/Surplus(+) / GDP      -6.6%      -6.9%      -2.4%      -0.9%
 Govt Expenditure % of GDP             50.6%      51.0%      47.1%      45.6%
=============================================================================
                                        2010       2009       2008       2007
=============================================================================
                                     ----------------- EU27 -----------------
 Govt Revenue % of GDP                 44.1%      44.1%      44.7%      44.7%
 Govt Debt                         9,816,372  8,779,402  7,791,183  7,315,316
 Govt Debt % of GDP                    80.2%      74.7%      62.5%      59.0%
=============================================================================
NOTE: Level data are in millions of Euros.
Government deficit (surplus) means the net borrowing (net lending) of the
whole general government sector (central government, state government,
local government and social security funds. It is calculated according to
national accounts concepts. Government debt is the consolidated gross debt
of the whole general government sector outstanding at the end of the year
(in nominal value). Primary surplus means the government deficit/surplus
excluding interest charges (consolidated). 

SOURCE: Eurostat                 

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