Excessive deficit procedure (EDP) (Eurostat) - EDP

Description

The EDP dataset includes data on government debt and deficit reported under the Excessive Deficit Procedure (EDP), which is a part of the corrective arm of the European Union's Stability and Growth Pact (link). Three series are available for EU Member States, the euro area and the European Union: deficit/surplus, consolidated general government debt, and interest expenditure. The data are available in euro or national currency, and as a percentage of GDP.
The reference values for government deficit and debt are based on concepts defined in the European System of Accounts (ESA 2010). The surplus (+)/deficit (-) of the general government sector is referred to in the national accounts as net lending (+)/borrowing (-) (B.9). The government debt is defined as the total consolidated gross debt at face value in the following categories of government liabilities (defined in ESA 2010): currency and deposits, debt securities and loans. EU aggregates do not cover EU institutions debt and euro area aggregates do not cover euro area government institutions debt.

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