Tuesday, April 26, 2011

EU states with the biggest deficits and debts - in graphs

The Eurostat figures show the EU countries in 2010 with the largest government deficits as a percentage of GDP. They were: Ireland (-32.4pc), Greece (-10.5pc), the United Kingdom (-10.4pc), Spain (-9.2pc), Portugal (-9.1pc), Poland (-7.9pc), Slovakia (-7.9pc), Latvia (-7.7pc), Lithuania (-7.1pc) and France (-7pc).

The lowest deficits were recorded in Luxembourg (-1.7pc), Finland (-2.5pc) and Denmark (-2.7pc). Estonia (0.1pc) registered a slight government surplus in 2010 and Sweden (0pc) was in balance.

In all, 21 member states recorded an improvement in their government balance relative to GDP in 2010 compared with 2009 and six a worsening.

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