ECB Announces Total Eurozone Debt Rose To 406.8% Of GDP In Q1 From 405.1% In Q4 2012

The ECB has released some debt figures for the Eurozone and its countries, presenting total public and private debt as a percentage of GDP. Major countries of note to be included were as follows:

• Luxembourg total debt to GDP rose to 4,368.6% from 4,309.2%.


• Ireland total debt to GDP rose to 1,074.7% from 1,056.2%.


• Holland's total debt to GDP fell to 648.8% from 651.1%.


• Spain's total debt to GDP fell to 404.3% from 406.6%


• France's total debt to GDP rose to 397.8% from 386.5%


• Italy's total debt to GDP rose to 371% from 370.6%


• Germany's total debt to GDP fell to 296.7% from 296.9%

Also, the ECB reported total financial debt for the various countries. Notable figures were as follows:

• Eurozone financial debt fell to 147.9% from 148.0%


• Luxembourg financial debt rose to 3,726.0% of GDP from 3,674.7%


• Ireland's financial debt fell to 639.4% of GDP from 650.3%


• France's financial debt rose to 144.1% of GDP from 134.6%


• Spain's financial debt fell to 111.0% of GDP from 112.5%


• Italy's financial debt fell to 106.2% of GDP from 108.7%


• Germany's financial debt fell to 89.3% of GDP from 89.6%