What question did this study set out to answer?

The study investigates the effect of public debt on real GDP per capita in EU member states over the period 2019-2024.

April 24, 2026

The Effect of Public Debt on GDP in Eu Countries for the Period 2019-2024

Key Points

The study investigates the effect of public debt on real GDP per capita in EU member states over the period 2019-2024.
Divided EU countries into high debt (over 60% of GDP) and low debt (below 60% of GDP) groups.
Conducted empirical analysis to assess the impact of public debt on GDP.
Found a positive effect of public debt on GDP in countries with debt up to 60% of GDP.
Identified a similar positive effect in countries with excessive public debt levels.

Abstract

This article examines the effect of public debt on real GDP per capita in the European Union (EU) member states. The EU countries are divided into two groups: one comprising countries with public debt exceeding 60 percent of GDP, and the other including countries with public debt below 60 percent of GDP. The primary objective of the article is to investigate the impact of public debt on GDP over the period 2019–2024. The main finding derived from the empirical analysis is that the effect of public debt on GDP is positive both in countries with debt up to 60 percent of GDP and in countries with excessive levels of public debt.

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Cite This Study

Banov et al. (Tue,) studied this question.

synapsesocial.com/papers/69eb092b553a5433e34b3b32 https://doi.org/https://doi.org/10.58861/tae.di.2026.1.05

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