Gross general government debt stood at 88.2% of GDP in the third quarter of 2025 in the countries that make up the euro area (EA20).
As regards Cyprus, debt in the third quarter of 2025 amounted to 60.6% of GDP, recording a decrease of 0.7 percentage points compared with the previous quar
According to data released by the European Statistical Office (Eurostat), gross general government debt in the euro area recorded an increase compared with the second quarter of 2025 (88.2%).
It is noted that, over the same period, debt increased from 81.9% to 82.1%., across all EU Member States
Compared with the third quarter of 2024, sixteen member states recorded an increase in the debt-to-GDP ratio at the end of the third quarter of 2025, while eleven member states recorded a decrease. The largest increases were observed in Romania (+5.5), Poland (+5.0), Finland (+4.7), Bulgaria (+4.1) and France (+4.0). The largest decreases were recorded in Greece (-8.9), Ireland (-7.1), Cyprus (-6.1), Denmark (-3.1 pp) and Latvia (-2.3).
Overall, compared with the third quarter of 2024, government debt as a percentage of GDP increased both in the euro area (from 87.7% to 88.5%) and in the EU (from 81.3% to 82.1%).
At the end of the third quarter of 2025, general government debt consisted of 84.2% debt securities in the euro area and 83.6% in the EU, 13.3% loans in the euro area and 13.9% in the EU, and 2.6% currency and deposits in the euro area and 2.5% in the EU.
