Where does this data come from?

It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code EA.GOVBAL.Q.SA.

Euro Area General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)

Name: Euro Area General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)
Creator: Eurostat (Statistical Office of the European Union)

QuarterlySeasonally adjustedCode EA.GOVBAL.Q.SA

Latest−135,401 € millionQ2 2026

Previous−126,934 € millionQ1 2026

Year ago−112,273 € millionQ2 2025

Euro Area General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) was −135,401 € million in Q2 2026, down 8,466.8 from Q1 2026 and down 23,129 from a year earlier.

That is the lowest reading since Q4 2023.

Over the past ten years it has ranged from −321,795 € million (Q2 2020) to −4,138.9 € million (Q2 2018), averaging −97,000 € million.

Euro Area General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) (€ million), Q1 2002 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

Period	Value
Q2 2026	−135,401 € million
Q1 2026	−126,934 € million
Q4 2025	−127,146 € million
Q3 2025	−127,242 € million
Q2 2025	−112,273 € million
Q1 2025	−109,489 € million
Q4 2024	−125,954 € million
Q3 2024	−109,514 € million
Q2 2024	−116,531 € million
Q1 2024	−114,333 € million
Q4 2023	−145,344 € million
Q3 2023	−127,926 € million
Q2 2023	−117,115 € million
Q1 2023	−112,538 € million
Q4 2022	−164,185 € million
Q3 2022	−135,059 € million
Q2 2022	−81,871 € million
Q1 2022	−82,502 € million
Q4 2021	−106,906 € million
Q3 2021	−127,918 € million
Q2 2021	−202,756 € million
Q1 2021	−207,978 € million
Q4 2020	−210,990 € million
Q3 2020	−191,024 € million

Last 24 observations. The full history (98 observations) is available through the API.

Get Euro Area General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/EA.GOVBAL.Q.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EA.GOVBAL.Q.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]

Get a free API key → · API docs

About this series

Latest observation	Q2 2026
First observation	Q1 2002
Observations	98
Frequency	Quarterly
Units	€ million
Adjustment	Seasonally adjusted
10-year high	−4,138.9 € million (Q2 2018)
10-year low	−321,795 € million (Q2 2020)
10-year average	−97,000 € million
Source agency	Eurostat (Statistical Office of the European Union)
Makrognosis code	EA.GOVBAL.Q.SA

More Euro Area GOVBAL series

Euro Area General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)

Other Euro Area indicators

Euro Area GDP (Gross Domestic Product)Euro Area Real GDP (Current prices, million EURs, 2010 ref)Euro Area Inflation Rate (CPI)Euro Area Core Inflation Rate Euro Area Unemployment Rate Euro Area 10-Year Government Bond Yield Euro Area Industrial Production Euro Area Retail Sales Euro Area Producer Price Inflation (PPI)Euro Area Current account balance (BPM6, extra-euro-area), not seasonally adjusted Euro Area Trade Balance: Goods & Services Euro Area Exports of goods (BPM6 credits, extra-euro-area), not seasonally adjusted Euro Area Exports of goods and services, Current prices, million EUR Euro Area Exports of goods and services, chain-linked volume Euro Area Imports of goods (BPM6 debits, extra-euro-area), not seasonally adjusted Euro Area Imports of goods and services, Current prices, million EUR

FAQ

What is the current general government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) in Euro Area?: The latest reading is −135,401 € million for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?: It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code EA.GOVBAL.Q.SA.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Euro area — General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)”.