Germany recorded a Government Debt to GDP of 62.50 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.

Government Debt in Germany increased to 2523308 EUR Million in the first quarter of 2025 from 2508985 EUR Million in the fourth quarter of 2024. This dataset provides - Germany Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Germany Government Debt: % of GDP

• Germany Government debt accounted for 62.4 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 61.9 % in the previous quarter.
• Germany government debt to GDP ratio data is updated quarterly, available from Mar 2000 to Sep 2024.
• 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 2,822.5 USD bn in Jun 2024.
• The country's Nominal GDP reached 1,072.8 USD bn in Mar 2023.

The ratio of national debt to gross domestic product (GDP) of Germany amounted to about 63.89 percent in 2024. Between 1991 and 2024, the ratio rose by approximately 24.40 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 10.96 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.

The national debt of Germany stood at about ************* U.S. dollars in 2024. Between 1991 and 2024, the national debt rose by approximately ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************* U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

This statistic shows the general national debt of Germany as defined in the Maastricht Treaty, from 2003 to 2024. In 2024, Germany's general government debts were estimated to amount to approximately 2.7 trillion euros.

Key information about Germany National Government Debt

• Germany National Government Debt reached 2,977.2 USD bn in Sep 2024, compared with 2,821.5 USD bn in the previous quarter.
• Germany National Government Debt data is updated quarterly, available from Mar 2000 to Sep 2024.
• The data reached an all-time high of 3,101.6 USD bn in Jun 2011 and a record low of 1,054.8 USD bn in Jun 2001.

CEIC converts quarterly Government Debt into USD. The Deutsche Bundesbank provides Government Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Germany National Government Debt

• In the latest reports, Germany Consolidated Fiscal Balance recorded a deficit equal to 2.6 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 62.4 % of its Nominal GDP in Sep 2024.
• Germany Nominal GDP reached 1,072.8 USD bn in Mar 2023.

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

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.

Graph and download economic data for Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Germany (TDSAMRIAOGGDE) from Q4 1989 to Q4 2022 about Germany, sector, maturity, debt, residents, securities, and government.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for Non-financial Corporations Sector, Residence of Issuer in Germany (IDS1YMAORINCDE) from Q1 1972 to Q1 2025 about 1-year, Germany, nonfinancial, sector, debt, residents, securities, and corporate.

External Debt in Germany increased to 6573781 EUR Million in the first quarter of 2025 from 6389415 EUR Million in the fourth quarter of 2024. This dataset provides - Germany External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Non-public debt: Germany,Stichtag, Public Sector Levels, Debt Types

The volume of household debt by German households in the second quarter of 2024 represented nearly 80 percent of its disposable income. This ratio in Germany has declined a lot since 2022. The level of household savings in Germany has also had significant fluctuations in the past years.

Consulted persons (shared values), average debt: Germany, years, amount of receivables, socio-economic characteristics

Key information about Germany Household Debt: % of GDP

• Germany household debt accounted for 50.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 50.5 % in the previous quarter.
• Germany household debt to GDP ratio is updated quarterly, available from Dec 1991 to Sep 2024.
• The data reached an all-time high of 70.4 % in Dec 2000 and a record low of 50.3 % in Sep 2024.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Deutsche Bundesbank provides Household Debt in EUR based on ESA 2010. Statistisches Bundesamt provides Nominal GDP in EUR based on ESA 2010. Household Debt as % of Nominal GDP prior to 1999 is based on ESA 1995.


Related information about Germany Household Debt: % of GDP

• In the latest reports, Germany Household Debt reached 2,400.6 USD bn in Sep 2024.
• Money Supply M2 in Germany increased 4.0 % YoY in Nov 2024.
• Germany Foreign Exchange Reserves was measured at 35.2 USD bn in Dec 2024.
• The Foreign Exchange Reserves equaled 0.3 Months of Import in Nov 2024.
• Germany Domestic Credit reached 6,470.9 USD bn in Oct 2024, representing an drop of 6.2 % YoY.
• The country's Non Performing Loans Ratio stood at 1.2 % in Dec 2022, compared with the ratio of 1.1 % in the previous year.

“Public debt is a controversially discussed revenue type of the state. Already in early centuries it was a controversial theme when palatial selfish rulers ran into debt to finance their construction activities (example: Old-Bavarian debt policy in the 17th and 18th century, see Zimmermann, H., 1999: Ökonomische Rechtfertigung einer kontinuierlichen Staatsverschuldung, in: Henke, K.-D. (eds.), 1999: Zur Zukunft der Staatsfinanzierung. Baden-Baden, p. 159). Given the level of public debt the discussion about the theoretical economic foundations and the legal restrictions is highly topical. In addition, the European Monetary Union and the European Stability and Growth Pact induced completely new debt limitations in Germany. Questions concerning the justification and limitation of public debt are not new, but sine 19th century important issues in the financial and political scientific discussion. The exclusivity of the topic public debt is due to the fact that it is not confined to one subject, but must be interdisciplinary discussed from an economic and legal perspective. This is because political and institutional factors need to be taken into account” (Wucherpfennig, a. cit., p.17). Issues associated with public debt are located at the interface between economics, law and politics. A consequence of this is that one subject area cannot ignore the findings of the others. The first part of this study is about the development of public debt and of business cycle policies in the Federal Republic of Germany, about the problems related with increasing public debt, about consolidation efforts and about the legal discussion. In the second part the development of public debt in the Federal Republic of Germany from 1950 to 2004 is presented empirically. Besides the total amount of the net debt and the debt level, the relation to other public finance data is of primary importance. “The level of debt and the annual burden of debt servicing and repayment may not be considered in isolation, but must be seen in relation to gross domestic product and the financial volume. Those relations are important that express the burden on public budgets and the economy through government debt and its associated interest charges. They are more informative than the absolute amount of debt, the new borrowing or the interest charges. Therefor there is no per capita presentation of the numbers. It has been shown that the per capita debt is not informative regarding the financial burden associated with debt.” (Wucherpfennig, a. cit., p. 31). The third part of the study is about the theoretical economic foundation that is important for the evaluation of public debt. “With the help of credits the state is able to widen significantly its opportunities for actions through a short term extension of the revenue side of public budget. The consequence is a medium and long term exposure to the expenditure side of public budget by interest and amortization expense. Those different short and long term aspects of public debt leaded into controversial judgments under finance experts. Accordingly diverse is the assessment of the reliability and need for public debt. Therefor part three presents some chosen theoretical economic approaches” (Wucherpfennig, a. cit., p. 54f). The fourth part is about public debt as a legal problem.

Data tables in HISTAT: A.01 Net borrowing and deficit ratio of the total public budget (1950-2004) A.02 Level of debt and debt ratio of the total public budget (1950-2004) A.03 Net borrowing and level debt of the Federal government (1950-2004) A.04 Interest paid and interest-rate issue of the Federal government (1950-2004) A.05 Interest-tax rate and debt ratio of the Federal government (1950-2004)

Non-public debt per inhabitant: Germany, reporting date at the end of the quarter, general government levels, households, types of debt Non-public debt per inhabitant: Germany, reporting date at the end of the quarter, general government levels, households, types of debt

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 July of 2025.

Key information about Germany Household Debt

• Germany Household Debt reached 2,400.6 USD bn in Sep 2024, compared with the reported number of 2,299.1 USD bn in the previous quarter
• Germany Household Debt: USD mn data is updated quarterly, available from Mar 1991 to Sep 2024
• The data reached an all-time high of 2,405.4 USD bn in Mar 2008 and a record low of 842.7 USD bn in Jun 1991

CEIC converts quarterly Household Debt into USD. Deutsche Bundesbank provides Household Debt in EUR based on ESA 2010. The Federal Reserve Board period end market exchange rate is used for currency conversions. Household Debt prior to Q1 1999 is based on ESA 1995.


Further information about Germany Household Debt

• In the latest reports, Germany Household Debt accounted for 50.4 % of the country's Nominal GDP in Jun 2024
• Money Supply M2 in Germany increased 4,108.7 USD bn YoY in Nov 2024
• Germany Foreign Exchange Reserves was measured at 35.2 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 0.3 Months of Import in Nov 2024
• Germany Domestic Credit reached 6,470.9 USD bn in Oct 2024, representing an drop of 6.2 % YoY