The ratio of national debt to gross domestic product (GDP) of Germany amounted to 63.47 percent in 2024. Between 1991 and 2024, the ratio rose by 24.45 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by 10.11 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Germany Government Debt: % of GDP

• Germany Government debt accounted for 62.3 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 62.0 % in the previous quarter.
• Germany government debt to GDP ratio data is updated quarterly, available from Mar 2000 to Jun 2025.
• The data reached an all-time high of 81.0 % in Dec 2010 and a record low of 57.6 % in Jun 2001.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Deutsche Bundesbank provides Government Debt in EUR. Statistisches Bundesamt provides Nominal GDP in EUR.


Related information about Germany Government Debt: % of GDP

• In the latest reports, Germany National Government Debt reached 2,783.3 USD bn in Dec 2024.
• The country's Nominal GDP reached 1,310.0 USD bn in Sep 2025.

Germany recorded a Government Debt to GDP of 62.20 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Germany Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

External Debt to GDP in Germany increased to 153 percent of GDP in the second quarter of 2025 from 151 percent of GDP in the first quarter of 2025. This dataset includes a chart with historical data for Germany External Debt To GDP.

Key information about Germany External Debt: % of GDP

• Germany External Debt accounted for 146.1 % of the country's Nominal GDP in 2023, compared with the ratio of 153.5 % in the previous year.
• Germany External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2023.
• The data reached an all-time high of 168.0 % in Dec 2021 and a record low of 92.9 % in Dec 1999.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. Deutsche Bundesbank provides External Debt in EUR. Statistisches Bundesamt provides Nominal GDP in EUR.


Related information about Germany External Debt: % of GDP

• In the latest reports of Germany, Current Account recorded a surplus of 17.5 USD bn in Jul 2024.
• Foreign Direct Investment (FDI) increased by 8.9 USD bn in Jul 2024.
• Germany Direct Investment Abroad expanded by 6.8 USD bn in Jul 2024.
• Its Foreign Portfolio Investment increased by 46.0 USD bn in Jun 2024.
• The country's External Debt reached 6,727,090.7 in Jun 2024.
• The country's Nominal GDP was reported at 1,072.8 USD bn in Mar 2023.

Government Debt in Germany increased to 2553976 EUR Million in the second quarter of 2025 from 2523342 EUR Million in the first quarter of 2025. This dataset provides - Germany Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for General government gross debt for Germany (GGGDTADEA188N) from 1991 to 2024 about Germany, debt, gross, and government.

In 2024, the gross government debt of Japan amounted to *** percent of the country's gross domestic product (GDP), compared to *** percent of the United States. This was an increase for both countries over 2001 levels, Meanwhile, Germany had the lowest government debt ratio at only ** percent.

Private Debt to GDP in Germany increased to 141.80 percent in 2024 from 141.70 percent in 2023. Germany Private Debt to GDP - values, historical data, forecasts and news - updated on December of 2025.

This statistic shows the percentage change on the previous year for general government consolidated gross debt as a share of gross domestic product (GDP) in Germany from 2014 to 2017. The largest change in this period occurred in 2017 when there was an decrease of -1.6 percent.

Households Debt in Germany decreased to 49.40 percent of GDP in the first quarter of 2025 from 49.60 percent of GDP in the fourth quarter of 2024. This dataset provides - Germany Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government debt as a share of gross domestic product has risen for almost all of Europe's largest economies since the mid-20th century. While until the 1970s it was common for European countries to have debt levels of less than 20 percent of their GDP, with the onset of economic crises related to international financial instability and oil price shocks, the long-term slowdown of economic growth in Europe, and the substantial public spending burdens which states had incurred due to the expansion of welfare and social services, European governments began to amass significant amounts of debt.

Which European countries are the most indebted? Italy stands out as the country in Europe which has experienced the largest secular increase in its government debt level, with the southern European country having debt worth 1.4 times its GDP in 2022. Spain, the United Kingdom, and France have also experienced long-run increase in their debt levels to between 90 and 100 percent in 2022. Germany and Turkey, on the other hand, have experienced more gradual increases in their public debt, with both countries having debt worth less than half their GDP. Russia stands as an outlier, due to the fact that its debt level has fallen dramatically since the 1990s. After the eastern European country's transition from communism and particularly after the financial crisis it experienced in 1998, the Russian state has severely cut back on public expenditure, while also having little need to borrow due to the state ownership of the country's vast natural resources.

Household debt to GDP, in percent in Germany, March, 2025 The most recent value is 49.4 percent as of March 2025, a decline compared to the previous value of 49.6 percent. Historically, the average for Germany from March 1999 to March 2025 is 58.94 percent. The minimum of 49.4 percent was recorded in March 2025, while the maximum of 70.5 percent was reached in December 2000. | TheGlobalEconomy.com

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Germany Consolidated Fiscal Balance: % of GDP

• Germany Consolidated Fiscal Balance recorded a deficit equal to 2.3 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 2.2 % in the previous quarter
• Germany Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1991 to Sep 2025, with an average ratio of 0.1 %
• The data reached an all-time high of 2.1 % in Sep 2018 and a record low of -9.4 % in Sep 1995

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from quarterly Consolidated Fiscal Balance and quarterly Nominal GDP. Statistisches Bundesamt provides Consolidated Fiscal Balance in EUR and Nominal GDP in EUR.


Further information about Germany Consolidated Fiscal Balance: % of GDP

• In the latest reports, Germany National Government Debt reached 3,217.2 USD bn in Jun 2025
• Germany Nominal GDP reached 1,310.0 USD bn in Sep 2025

Between 2010 and 2025, the ratio of residential mortgage loans to GDP in Germany varied from a low of approximately ** percent in the fourth quarter of 2017 to a high of almost ** percent in the second quarter of 2020. As a result of the coronavirus (COVID-19) pandemic, Germany suffered an economic downturn. While the country's gross domestic product (GDP) contracted, residential mortgage lending remained strong. As of the third quarter of 2025, Germany's mortgage debt measured about ** percent of the GDP, continuing the overall downward trend of the past years.

In 2024, Germany’s GDP ranged at around 4.68 trillion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards six trillion U.S. dollars by 2030. Germany has the third-largest GDP in the world, after the United States and China. The national debt of Germany has steadily been falling since 2012 and is now about a quarter of the size of Japan’s and half that of the United States. Development of GDP per capita Gross domestic product per capita in Germany has been increasing since 2015 and experienced its last period of decline between the mid-nineties and early noughties. In 2001, GDP per capita was the lowest it had been since the early nineties, but more than doubled by the time of the financial crisis in 2008. GDP per capita fluctuated throughout the subsequent decade, before reaching around 48,000 U.S. dollars in 2018. Largest economic sectors The service sector generates the highest share of GDP in Germany at nearly 70 percent. Finance and telecommunications are a large part of the service sector, as well as tourism – including hospitality and accommodation. Roughly a quarter of GDP currently comes from the production industry, not including construction. Agriculture, fishing, and forestry make up less than one percent.

Actual value and historical data chart for Germany Outstanding International Private Debt Securities To GDP Percent

In the third quarter of 2024, Greece's national debt was the highest in all the European Union, amounting to 158 percent of Greece's gross domestic product. In spite of Greece's total being high by EU standards, it marks a substantial decrease from the historical high point reached by the country's national debt of 207 percent of GDP in 2020. Italy, France, Spain, Belgium, and Portugal also all have government debt worth over one year's production of their economies, while the small Baltic country of Estonia has the smallest national debt when compared with GDP, at only 24 percent. In debitum incrementum?A country’s national debt, also known as government debt or public debt, is defined as all borrowings owed by the government of a country. It usually comprises internal debt – owed to other governmental departments – and external debt, which is held by the public and is owed to government bond owners. National debt can be caused by a struggling economy in general, or by low tax income, which usually leads to money being borrowed from other governments for support, which in turn cannot be paid back right away. At first glance, a high national debt is not always a sign of a struggling economy – but since increasing debt can slow down economic growth significantly, it is imperative for the respective government to seek a steady reduction in the long run.

Germany recorded a Government Budget deficit equal to 2.80 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Germany Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.