RSS
Eurostat: Romania, among the EU states with the highest level of government deficit, in the 2nd quarter
In the second quarter of 2021, the seasonally adjusted general government deficit to GDP ratio stood at 6.9% in the euro area and 6.3% in the EU. Decreases in the deficit compared to the first quarter of 2021 were observed, but the deficit remains at a high level.
The deficit to GDP ratio decreased mainly due to a higher GDP, while both expenditure and revenue increased in absolute terms in comparison with the first quarter of 2021. Total revenue and total expenditure continued to be influenced by policy responses to the COVID-19 pandemic. In the second quarter of 2021, most Member States continued to record a government deficit.
These data are released by Eurostat, the statistical office of the European Union.
Seasonally adjusted government revenue and expenditure for the euro area and EU
In the second quarter of 2021, the seasonally adjusted general government deficit to GDP ratio stood at 6.9% in the euro area and 6.3% in the EU. Decreases in the deficit compared to the first quarter of 2021 were observed, but the deficit remains at a high level.
The deficit to GDP ratio decreased mainly due to a higher GDP, while both expenditure and revenue increased in absolute terms in comparison with the first quarter of 2021.
Total revenue and total expenditure continued to be influenced by policy responses to the COVID-19 pandemic. In the second quarter of 2021, most Member States continued to record a government deficit. These data are released by Eurostat, the statistical office of the European Union.