Germany recorded a Government Budget deficit equal to 3.70 percent of the country's Gross Domestic Product in 2021. source: Federal Statistical Office

Government Budget in Germany averaged -1.83 percent of GDP from 1995 until 2021, reaching an all time high of 1.90 percent of GDP in 2018 and a record low of -9.40 percent of GDP in 1995. This page provides the latest reported value for - Germany Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Government Budget - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Government Budget in Germany is expected to reach -2.60 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Government Budget is projected to trend around -1.00 percent of GDP in 2023 and -0.30 percent of GDP in 2024, according to our econometric models.

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Germany Government Budget



Calendar GMT Actual Previous Consensus TEForecast
2020-01-15 09:00 AM 2019 1.5% 1.9% 1.1%
2021-01-14 09:00 AM 2020 -4.8% 1.5% -7%


Related Last Previous Unit Reference
Government Budget -3.70 -4.30 percent of GDP Dec 2021
Government Spending 174.21 175.82 EUR Billion Mar 2022
Government Debt 2319773.41 2284160.06 EUR Million Dec 2021

Germany Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-3.70 -4.30 1.90 -9.40 1995 - 2021 percent of GDP Yearly