Germany recorded a Government Debt to GDP of 62.90 percent of the country's Gross Domestic Product in 2023. 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.

The ratio of national debt to gross domestic product (GDP) in Germany was forecast to continuously decrease between 2024 and 2029 by in total 4.9 percentage points. After the fifth consecutive decreasing year, the ratio is estimated to reach 57.82 percent and therefore a new minimum in 2029. 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.Find more statistics on other topics about Germany with key insights such as the share in the global GDP adjusted for purchasing power parity, the growth of the real the gross domestic product, and the ratio of government expenditure to the gross domestic product.

Private Debt to GDP in Germany decreased to 170.70 percent in 2023 from 177.30 percent in 2022. Germany Private Debt to GDP - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Household Debt to GDP for Germany from 2005 to 2023 about Germany, debt, households, and GDP.

The national debt in Germany was forecast to continuously increase between 2024 and 2029 by in total 239.2 billion U.S. dollars (+8.17 percent). After the tenth consecutive increasing year, the national debt is estimated to reach 3.2 trillion U.S. dollars and therefore a new peak in 2029. Notably, the national debt was continuously increasing over the past years.According to the International Monetary Fund, 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.Find more statistics on other topics about Germany with key insights such as the budget balance in relation to the gross domestic product, the total population, and ratio of the national debt to the gross domestic product.

Germany DE: General Government: Gross Debt: % of GDP data was reported at 57.818 % in 2029. This records a decrease from the previous number of 58.955 % for 2028. Germany DE: General Government: Gross Debt: % of GDP data is updated yearly, averaging 62.660 % from Dec 1991 (Median) to 2029, with 39 observations. The data reached an all-time high of 80.376 % in 2010 and a record low of 38.842 % in 1991. Germany DE: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Germany – Table DE.IMF.FM: Government Finance Statistics.

External Debt to GDP in Germany increased to 149 percent of GDP in the third quarter of 2024 from 147 percent of GDP in the second quarter of 2024. This dataset includes a chart with historical data for Germany External Debt To GDP.

In 2024, the gross government debt of Japan amounted to 255 percent of the country's gross domestic product (GDP), compared to 123 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 64 percent.

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.

Graph and download economic data for Outstanding Domestic Private Debt Securities to GDP for Germany (DDDM03DEA156NWDB) from 1996 to 2011 about Germany, debt, securities, domestic, private, and GDP.

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.

• 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.

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.

In 2018, Germany’s GDP peaked at around four billion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards 5.57 billion by 2029. Germany has the fourth-largest GDP in the world, after the United States, China, and Japan. 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.

Germany DE: Gross Public Debt: % of GDP: Central Government data was reported at 43.841 % in Sep 2024. This records an increase from the previous number of 43.491 % for Jun 2024. Germany DE: Gross Public Debt: % of GDP: Central Government data is updated quarterly, averaging 41.622 % from Dec 1998 (Median) to Sep 2024, with 104 observations. The data reached an all-time high of 51.588 % in Dec 2010 and a record low of 36.450 % in Dec 2001. Germany DE: Gross Public Debt: % of GDP: Central Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

Graph and download economic data for Outstanding International Public Debt Securities to GDP for Germany (DDDM06DEA156NWDB) from 1980 to 2020 about public, Germany, debt, securities, and GDP.

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.

Germany DE: Gross Public Debt: % of GDP: Central Government: Short Term: Currency and Deposits data was reported at 0.402 % in Sep 2024. This records an increase from the previous number of 0.372 % for Jun 2024. Germany DE: Gross Public Debt: % of GDP: Central Government: Short Term: Currency and Deposits data is updated quarterly, averaging 0.371 % from Dec 1998 (Median) to Sep 2024, with 104 observations. The data reached an all-time high of 0.590 % in Sep 2022 and a record low of 0.191 % in Mar 2003. Germany DE: Gross Public Debt: % of GDP: Central Government: Short Term: Currency and Deposits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

Between 2010 and 2023, the ratio of residential mortgage loans to GDP in Germany varied from a low of approximately 35 percent in the first quarter of 2014 to a high of 41.6 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 and as of the third quarter of 2023, Germany's mortgage debt measured about 38 percent of GDP.

Germany DE: Gross Public Debt: % of GDP: General Government: Long Term: Up to 1 Year: Debt Securities data was reported at 5.280 % in Sep 2024. This records an increase from the previous number of 5.097 % for Jun 2024. Germany DE: Gross Public Debt: % of GDP: General Government: Long Term: Up to 1 Year: Debt Securities data is updated quarterly, averaging 6.090 % from Dec 2013 (Median) to Sep 2024, with 44 observations. The data reached an all-time high of 7.865 % in Jun 2014 and a record low of 5.097 % in Jun 2024. Germany DE: Gross Public Debt: % of GDP: General Government: Long Term: Up to 1 Year: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.

Germany DE: Gross Public Debt: % of GDP: General Government: Long Term data was reported at 57.972 % in Sep 2024. This records an increase from the previous number of 57.473 % for Jun 2024. Germany DE: Gross Public Debt: % of GDP: General Government: Long Term data is updated quarterly, averaging 59.691 % from Dec 2013 (Median) to Sep 2024, with 44 observations. The data reached an all-time high of 70.487 % in Dec 2013 and a record low of 54.802 % in Dec 2019. Germany DE: Gross Public Debt: % of GDP: General Government: Long Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.