Gross debt in Germany

Gross debt of the last 22 years in billion USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Germany       European Union

Budget deficit in Germany

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurance, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money than at at the beginning, it is a surplus. If it is less, it is called a deficit.

The budget balance in Germany in the period between 1998 and 2020 varied between -165.90 billion euros and +76.10 billion euros. In 2020, Germany reached a balance of -166 billion euros.

In ratio to population, this equals a new indebtedness of 1,995 euros per capita in Germany in 2020. For comparison, the average debt per capita in the European Union in the same year was 2,312 euros.

Budget deficit and surplus in the last 22 years

(negative numbers = deficit)