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 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.

Government Debt in Germany increased to 2488590 EUR Million in the third quarter of 2024 from 2460070 EUR Million in the second quarter of 2024. This dataset provides - Germany Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar 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.

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.

This statistic shows the general national debt of Germany as defined in the Maastricht Treaty, from 2003 to 2022. In 2022, Germany's general government debts were estimated to amount to approximately 2.56 billion euros.

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.

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.

Key information about Germany External Debt

• Germany External Debt reached 7,116.8 USD bn in Sep 2024, compared with 6,726.7 USD bn in the previous quarter.
• Germany External Debt: USD mn data is updated quarterly, available from Jun 1999 to Sep 2024.
• The data reached an all-time high of 7,116.8 USD bn in Sep 2024 and a record low of 1,851.3 USD bn in Jun 1999.

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


Related information about Germany External Debt

• In the latest reports of Germany, Current Account recorded a surplus of 12.6 USD bn in Oct 2024.
• Foreign Direct Investment (FDI) increased by 3.4 USD bn in Oct 2024.
• Germany Direct Investment Abroad expanded by 5.3 USD bn in Oct 2024.
• Its Foreign Portfolio Investment increased by 62.1 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 1,072.8 USD bn in Mar 2023.

External Debt in Germany increased to 6385635 EUR Million in the third quarter of 2024 from 6280179 EUR Million in the second quarter of 2024. This dataset provides - Germany External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Debts can be formed in a number of ways. The most common forms of debt include credit cards, medical debt, student loans, overdrafts, mortgages, automobile financing and personal loans. During the period displayed, the value of debt per adult in Germany fluctuated, with approximately 30.8 thousand U.S. dollars of debt per adult as of the first half of 2019. In Europe, the variation in debt per adult in the first half of 2019 varies considerably from as low as 534 U.S. dollars in Azerbaijan to almost 143 thousand U.S. dollars in Switzerland, with a European average of approximately 23.95 thousand U.S. dollars of debt per adult.

The outstanding value of Germany's general government debt securities has shown an upward trend from 2000 to the first quarter of 2024, rising from approximately 700 billion U.S. dollars in 2000 to approximately 2.5 trillion U.S. dollars in early 2024. The largest increase occurred between 2019 and 2020, when government debt securities went from 1.8 trillion to over 2.4 trillion U.S. dollars.

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

Households Debt in Germany decreased to 78.16 percent of gross income in 2023 from 82.78 percent in 2022. This dataset provides - Germany Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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 Public Debt Sec Yield: Residual Maturity: >7 Years: 7 to 8 Years data was reported at 2.370 % pa in Feb 2025. This records a decrease from the previous number of 2.460 % pa for Jan 2025. Germany Public Debt Sec Yield: Residual Maturity: >7 Years: 7 to 8 Years data is updated monthly, averaging 5.100 % pa from Apr 1973 (Median) to Feb 2025, with 623 observations. The data reached an all-time high of 10.800 % pa in Oct 1974 and a record low of -0.700 % pa in Sep 2019. Germany Public Debt Sec Yield: Residual Maturity: >7 Years: 7 to 8 Years data remains active status in CEIC and is reported by Deutsche Bundesbank. The data is categorized under Global Database’s Germany – Table DE.M013: Public Debt Securities Yield.