The budget surplus of the German public sector, including federal states, municipalities and social security systems, fell to EUR 49.8 billion or 1.5 percent of GDP from EUR 62.4 billion or 1.9 percent in the previous year, a preliminary estimate showed. The federal government had the largest share of the surplus with EUR 19.2 billion, followed by the federal states with EUR 13.3 billion, social insurance with EUR 10.7 billion and municipalities with EUR 6.6 billion. Germany Government Budget - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Government Budget in Germany averaged -1.61 percent of GDP from 1995 until 2019, 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. source: Federal Statistical Office
Government Budget in Germany is expected to reach 0.70 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Government Budget is projected to trend around 0.30 percent of GDP in 2021 and 0.20 percent of GDP in 2022, according to our econometric models.