OREANDA-NEWS. January 26, 2016. At the end of the third quarter of 2015, the government debt to GDP ratio in the euro area (EA19) stood at 91.6%, compared with 92.3% at the end of the second quarter of 2015.

In the EU28, the ratio decreased from 87.7% to 86.0%.

This decrease in the EU28 government debt to GDP ratio is driven by exchange rate fluctuations of non-euro area Member States against the euro. Compared with the third quarter of 2014, the government debt to GDP ratio fell in the euro area (from 92.3% to 91.6%) and in the EU28 (from 86.9% to 86.0%).