Economic data: How do the States of Europe?

the duration of the violations of the Maastricht criteria have plunged the Euro into the worst crisis since its introduction. But how bad is the situation in the individual States? tagesschau.de summarized deficits, total debt, and economic growth in the EU-28 in graphics.

may 2019

budget deficit/surplus of EU countries (in % of GDP)201620172018*2019*2020 Belgium-2,4-0,8-0,7-1,3-1,5 Bulgaria+0,1+1,2+2,0+0,8+1,0 Denmark-0,1+1,4+0,5+0,6-0,1 Germany+0,9+1,0+1,7+1,0+0,8 Estonia-0,3-0,4-0,6-0,3-0,5 Finland-1,7-0,8-0,7-0,4-0,2 France-3,5-2,8-2,5-3,1-2,2 Greece+0,5+0,7+1,1+0,5-0,1 UK-2,9-1,9-1,5-1,5-1,2 Ireland-0,7-0,30,00,0+0,3 Italy-2,5-2,4-2,1-2,5-3,5 Croatia-1,0+0,8+0,2+0,1+0,5 Latvia+0,1-0,6-1,0-0,6-0,6 Lithuania+0,2+0,5+0,7+0,30,0 Luxembourg+1,9+1,4+2,4+1,4+1,1 Malta+0,9+3,4+2,0+1,1+0,9 Niederlande0,0+1,2+1,5+1,4+0,8 Austria-1,6-0,8+0,1+0,3+0,2 Poland-2,2-1,5-0,4-1,6-1,4 Portugal-2,0-3,0-0,5-0,4-0,1 Romania-2,7-2,7-3,0-3,5-4,7 Sweden+1,0+1,4+0,9+0,4+0,4 Slovakia-2,2-0,8-0,7-0,5-0,6 Slovenia-1,90,0+0,7+0,7+0,9 Spain-4,5-3,1-2,5-2,3-2,0 the Czech Republic+0,7+1,6+0,9+0,2-0,2 Hungary-1,6-2,2-2,2-1,8-1,6 Cyprus+0,3+1,8-4,8+3,0+2,8

The allowed deficit limit in the Maastricht Treaty is of -3.0%.

source: Eurostat/EU-Commission; *estimate

the total debt of EU countries (in % of GDP)201620172018*2019*2020* Belgien106,1103,4102,0101,3100,7 Bulgarien29,625,622,620,518,4 Dänemark37,235,534,133,032,5 Deutschland68,564,560,958,455,6 Estland9,29,28,48,58,5 Finnland63,061,359,858,557,5 Frankreich98,298,598,798,597,2 Griechenland178,5176,1182,5174,9167,4 Großbritannien87,987,486,084,582,6 Irland73,568,564,861,355,9 Italien131,4131,4132,2133,7135,2 Kroatien80,577,874,670,967,6 Lettland40,340,035,934,533,5 Litauen40,039,434,237,036,4 Luxemburg20,723,021,420,720,3 Malta55,550,246,042,840,2 Niederlande61,957,052,449,146,7 Österreich83,078,273,869,766,8 Polen54,250,648,948,247,7 Portugal129,2124,8121,5119,5116,6 Rumänien37,335,235,036,038,4 Schweden42,440,838,834,432,4 Slowakei51,850,948,947,346,0 Slowenien78,774,170,165,961,7 Spanien99,098,197,196,395,7 Tschechien36,834,732,731,731,1 Ungarn76,073,470,869,267,7 Zypern105,595,8102,596,489,9

The allowed threshold of the total debt in the Maastricht Treaty is 60%.

sources: Eurostat/EU-Commission; *estimate

economic growth in the EU countries (in % compared to the previous year)201620172018*2019*2020* Belgium+1,5+1,7+1,4+1,2+1,2 Bulgaria+3,9+3,8+3,1+3,3+3,4 Denmark+2,4+2,3+1,4+1,7+1,6 Germany+2,2+2,2+1,4+0,5+1,5 Estonia+3,5+4,9+3,9+2,8+2,4 Finland+2,8+2,7+2,3+1,6+1,2 France+1,2+2,2+1,6+1,3+1,5 Greece-0,2+1,5+1,9+2,2+2,2 UK+1,8+1,8+1,4+1,3+1,3 Ireland+5,0+7,2+6,7+3,8+3,4 Italy+1,1+1,7+0,9+0,1+0,7 Croatia+3,5+2,9+2,6+2,6+2,5 Latvia+2,1+4,6+4,8+3,1+2,8 Lithuania+2,4+4,1+3,4+2,7+2,4 Luxembourg+2,4+1,5+2,6+2,5+2,6 Malta+5,7+6,7+6,6+5,5+4,8 Netherlands+2,2+2,9+2,7+1,6+1,6 Austria+2,0+2,6+2,7+1,5+1,6 Poland+3,1+4,8+5,1+4,2+3,6 Portugal+1,9+2,8+2,1+1,7+1,7 Romania+4,8+7,0+4,1+3,3+3,1 Sweden+2,7+2,1+2,3+1,4+1,6 Slovakia+3,1+3,2+4,1+3,8+3,4 Slovenia+3,1+4,9+4,5+3,1+2,8 Spain+3,2+3,0+2,6+2,1+1,9 the Czech Republic+2,5+4,4+2,9+2,6+2,4 Hungary+2,3+4,1+4,9+3,7+2,8 Cyprus+4,8+4,5+3,9+3,1+2,7

source: Eurostat/EU-Commission; *estimate

Dossier: The chronology of the crisis

Dossier

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