A glance at government debt in Europe

AP News
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Posted: Oct 24, 2012 1:28 PM
A glance at government debt in Europe

Official figures showed Wednesday that the total debt of the 17 countries that use the single currency at the end of the second quarter was worth 90 percent of the value of the group's economy — the highest level since the euro was launched in 1999.

Here's a glance at Europe's debt levels as a proportion of gross domestic product.

European Government Debt (percentage of GDP)
Q2 2011 Q1 2012 Q2 2012
European Union (27 countries) 81.4 83.5 84.9
Eurozone (17 countries) 87.1 88.2 90.0
Austria 72.0 73.4 75.1
Belgium 97.6 101.7 102.5
Cyprus 66.8 75.0 83.3
Estonia 6.3 6.7 7.3
Finland 46.1 48.5 51.7
France 86.0 89.1 91.0
Germany 81.1 81.1 82.8
Greece 158.8 136.9 150.3
Ireland 101.5 108.5 111.5
Italy 121.7 123.7 126.1
Luxembourg 18.9 20.9 20.9
Malta 70.8 74.3 76.3
Netherlands 64.2 66.5 68.2
Portugal 106.7 112.0 117.5
Slovenia 44.5 47.0 48.1
Slovakia 42.8 46.4 50.1
Spain 66.7 72.9 76.0
United States 95.6 100 101.4
Source: Eurostat