Italy's deficit-to-GDP ratio 8% in 2022, highest in EU
20:42, 21 April 2023
ROME. KAZINFORM - Italy's deficit-to-GDP ratio for 2022 was 8%, the highest in the EU, Eurostat said on Friday, Kazinform cites ANSA.
It said the deficit-to-GDP ratio for the eurozone fell to 3.6% last year from 5.3% in 2021, while the deficit for the EU was a whole dropped to 3.4% from 4.8%.
It said the countries with the highest deficits after Italy were Hungary and Romania (6.2%) and Malta (5.8%).
Eurostat said Italy's debt-to-GDP ratio for 2022 was 144.4%, the second highest in the EU after Greece's (171.3%).