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.

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.

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.

Germany debt to gdp ratio for 2022 was 44.53%, a 9.95% decline from 2021.

<ul style='margin-top:20px;'>

<li>Germany debt to gdp ratio for 2021 was <strong>54.48%</strong>, a <strong>0.59% decline</strong> from 2020.</li>
<li>Germany debt to gdp ratio for 2020 was <strong>55.07%</strong>, a <strong>10.42% increase</strong> from 2019.</li>
<li>Germany debt to gdp ratio for 2019 was <strong>44.65%</strong>, a <strong>1.35% decline</strong> from 2018.</li>
</ul>Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Key information about Germany Total Debt: % of GDP

• Germany Total Debt accounted for 604.7 % of the country's GDP in 2024, compared with the ratio of 601.9 % in the previous quarter.
• Germany Total Debt: % of GDP data is updated quarterly, available from Mar 1999 to Sep 2024.
• The data reached an all-time high of 692.6 % in Mar 2021 and a record low of 548.1 % in Mar 1999.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives for Non Financial Corporations, Monetary Financial Institutions, Other Financial Intermediaries, Insurance Corporations, Pension Funds, General Government, Households and NPISH sectors. Deutsche Bundesbank provides Total Debt in EUR. Statistisches Bundesamt provides Nominal GDP in EUR.

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

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.

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.

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 Private Debt: % of Nominal GDP

• Germany Private Debt accounted for 74.35 % of its Nominal GDP in Dec 2024, compared with a ratio of 74.62 % in the previous quarter
• Germany Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 1991 to Dec 2024, with an average share of 81.57 %
• The data reached an all-time high of 101.10 % in Dec 2000 and a record low of 73.92 % in Dec 2017

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. Private Debt is calculated by subtracting Domestic Loans to Financial Institutions and Insurance Corporations from Total Domestic Loans. Deutsche Bundesbank provides Private Debt in EUR. Statistisches Bundesamt provides Nominal GDP in EUR.

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.

Graph and download economic data for Household Debt to GDP for Germany (HDTGPDDEA163N) from 2005 to 2023 about Germany, debt, households, and GDP.

External Debt to GDP in Germany decreased to 148 percent of GDP in the fourth quarter of 2024 from 149 percent of GDP in the third quarter of 2024. This dataset includes a chart with historical data for Germany External Debt To GDP.

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.

Government Debt in Germany increased to 2509020 EUR Million in the fourth quarter of 2024 from 2488548 EUR Million in the third quarter of 2024. This dataset provides - Germany Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Germany DE: Gross Public Debt: % of GDP: General Government: Long Term: Over 1 Year: Loans data was reported at 9.783 % in Dec 2024. This records a decrease from the previous number of 9.783 % for Sep 2024. Germany DE: Gross Public Debt: % of GDP: General Government: Long Term: Over 1 Year: Loans data is updated quarterly, averaging 12.082 % from Dec 2013 (Median) to Dec 2024, with 45 observations. The data reached an all-time high of 16.417 % in Dec 2013 and a record low of 9.749 % in Jun 2024. Germany DE: Gross Public Debt: % of GDP: General Government: Long Term: Over 1 Year: Loans 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.

Households Debt in Germany decreased to 49.90 percent of GDP in the fourth quarter of 2024 from 50.10 percent of GDP in the third quarter of 2024. This dataset provides - Germany Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Germany DE: General Government: Gross Debt: % of GDP data was reported at 74.850 % in 2030. This records an increase from the previous number of 72.494 % for 2029. Germany DE: General Government: Gross Debt: % of GDP data is updated yearly, averaging 64.997 % from Dec 1992 (Median) to 2030, with 39 observations. The data reached an all-time high of 81.009 % in 2010 and a record low of 41.863 % in 1992. 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.