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 July of 2021.
Government Budget in Germany is expected to reach -7.50 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 -2.00 percent of GDP in 2022 and 1.00 percent of GDP in 2023, according to our econometric models.