Germany recorded a government budget deficit of 54.34 EUR Billion in the first quarter of 2026. Government Budget Value in Germany averaged -14.57 EUR Billion from 1991 until 2026, reaching an all time high of 40.63 EUR Billion in the third quarter of 2000 and a record low of -82.54 EUR Billion in the fourth quarter of 2022. source: Deutsche Bundesbank

Government Budget Value in Germany is expected to be -40.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany General Government Budget Value is projected to trend around -43.00 EUR Billion in 2027 and -48.00 EUR Billion in 2028, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 3800.00 3075.00 persons Aug 2026
Credit Rating 100.00 Oct 2026
Fiscal Expenditure 567.69 639.32 EUR Billion Mar 2026
Government Budget -2.70 -2.70 percent of GDP Dec 2025
Government Budget Value -54.34 -44.32 EUR Billion Mar 2026
Government Debt 2753475.00 2727139.00 EUR Million Jun 2026
Government Debt to GDP 63.50 62.20 percent of GDP Dec 2025
Government Revenues 513.34 595.00 EUR Billion Mar 2026
Government Spending 213.18 212.87 EUR Billion Jun 2026
Government Spending to GDP 50.50 49.40 percent of GDP Dec 2025
Holidays
Military Expenditure 113585.90 86148.30 USD Million Dec 2025


Germany General Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-54.34 -44.32 40.63 -82.54 1991 - 2026 EUR Billion Quarterly
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