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In 2025, the public deficit stands at 5.1% of GDP, the public debt at 115.6% of GDP

The general government deficit for 2025 stands at €152.5 billion, accounting for 5.1% of gross domestic product (GDP), following 5.8% in 2024 and 5.4% in 2023. Revenues accelerated in 2025: rising by 3.9%, after +3.2% in 2024. The compulsory tax rate rose to 43.6% of GDP, following 42.8% in 2024. Expenditure slowed down: it increased by 2.5% in current prices, following a 4.0% rise in 2024. As a percentage of GDP, expenditure increased, and reached 57.2% of GDP after 57.0% in 2024 and 56.8% in 2023. General government debt in the Maastricht sense reached 115.6% of GDP by the end of 2025, after 112.6% at the end of 2024. [...]