Germany recorded a Government Budget deficit equal to 4.20 percent of the country's Gross Domestic Product in 2020. source: Federal Statistical Office

Government Budget in Germany averaged -1.76 percent of GDP from 1995 until 2020, reaching an all time high of 1.80 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 May of 2021.

Government Budget in Germany is expected to reach -2.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Government Budget is projected to trend around 0.80 percent of GDP in 2022 and 1.00 percent of GDP in 2023, according to our econometric models.

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Germany Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.20 1.50 1.80 -9.40 1995 - 2020 percent of GDP Yearly


Calendar GMT Actual Previous Consensus TEForecast
2018-01-11 09:00 AM 2017 1.2% 0.8%
2019-01-15 09:00 AM 2018 1.7% 1% 0.6%
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%
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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.