Eurozone public deficit remains stable at 3% of GDP in 2025

According to Eurostat data released on October 21, 2026, the Eurozone public deficit remained stable at 3.0% of GDP for the second consecutive year in 2025. During the same period, the public debt-to-GDP ratio for the 20 Eurozone members rose from 86.6% at the end of 2024 to 87.7% by the end of 2025.

Across the broader European Union, the debt ratio increased to 81.5%, up from 80.3% the previous year. Total public spending in the Eurozone was reported at 49.8% of GDP, while total revenue stood at 46.8%.

Budgetary performance varied significantly among member states. Cyprus recorded the highest surplus at +3.6%, followed by Denmark at +2.9%. Conversely, eleven EU member states reported deficits equal to or exceeding the 3% threshold. Notable deficits included Romania at 7.8%, Poland at 7.2%, Belgium at 5.2%, and France at 5.1%.