Germany government debt, revenue, expenditure and social insurance

Name: Germany government debt, revenue, expenditure and social insurance
Creator: Deutsche Bundesbank
License: https://creativecommons.org/licenses/by/4.0/

German general government by quarter: the Maastricht debt level by level of government and creditor group, the revenue, expenditure and net lending or borrowing that change it, and the accounts of the social insurance funds - pension, health, long-term care and unemployment insurance - that make up a large part of the sector.

Source: Deutsche BundesbankLast updated: Sep 14, 2026, 11:36Curated by Bui Thanh PhucAbout this data ↓

Indicator	Q2-2026	Q1-2026	Q4-2025	Q3-2025	Q2-2025	Q1-2025	Q4-2024	Q3-2024	Q2-2024	Q1-2024	Q4-2023	Q3-2023	Q2-2023
Maastricht debt10
Central government debt3
Of which currency and deposits2		17,986	18,278	18,699	16,724	14,677	14,816	16,809	15,546	14,772	16,886	18,123	15,343
Of which currency and deposits, of which currency		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which deposits		17,986	18,278	18,699	16,724	14,677	14,816	16,809	15,546	14,772	16,886	18,123	15,343
Of which securities other than shares, excl. financial derivates2		1,833,939	1,789,103	1,775,902	1,726,585	1,702,755	1,696,961	1,684,797	1,661,256	1,662,409	1,655,913	1,664,379	1,621,683
Of which securities other than shares, excl. financial derivates, of which short-term		98,189	94,948	85,084	77,868	89,277	109,073	106,293	113,372	128,334	143,397	160,307	149,613
Of which securities other than shares, excl. financial derivates, of which long-term		1,735,750	1,694,155	1,690,818	1,648,717	1,613,477	1,587,888	1,578,504	1,547,884	1,534,075	1,512,516	1,504,071	1,472,070
Of which loans2		191,205	192,984	178,716	181,705	174,102	181,732	177,457	174,812	182,695	184,354	171,979	174,169
Of which loans, of which short-term		68,061	67,856	51,508	54,409	46,721	54,196	47,560	45,204	51,608	52,957	40,273	42,689
Of which loans, of which long-term		123,144	125,128	127,207	127,297	127,381	127,536	129,898	129,609	131,087	131,397	131,706	131,480
General government debt6
Of which currency and deposits, of which currency		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which deposits		17,986	18,278	18,699	16,724	14,677	14,816	16,809	15,546	14,772	16,886	18,123	15,343
Of which securities other than shares, excl. financial derivates, of which short-term		104,565	99,395	89,746	83,596	95,368	115,190	111,890	119,459	134,243	147,341	165,017	153,736
Of which securities other than shares, excl. financial derivates, of which long-term		2,196,090	2,140,458	2,130,267	2,084,756	2,054,382	2,017,836	2,007,793	1,974,298	1,960,425	1,927,956	1,923,132	1,891,032
Of which loans, of which short-term		87,790	87,767	64,644	68,830	62,257	70,786	66,483	60,893	66,237	68,182	67,155	73,602
Of which loans, of which long-term		495,604	492,342	486,172	479,566	474,924	475,200	468,691	464,978	462,842	470,183	462,435	460,105
General government debt as defined in the Maastricht Treaty1
Overall6		2,902,035	2,838,239	2,789,528	2,733,472	2,701,606	2,693,827	2,671,667	2,635,174	2,638,519	2,630,547	2,635,861	2,593,818
By holder2
Of which held by domestic creditors		1,368,273	1,381,923	1,370,986	1,370,031	1,372,887	1,392,820	1,398,565	1,397,841	1,419,299	1,439,303	1,440,543	1,455,727
Of which held by external creditors		1,533,762	1,456,316	1,418,541	1,363,441	1,328,720	1,301,007	1,273,102	1,237,333	1,219,220	1,191,244	1,195,318	1,138,091
By currency of denomination2
Of which denominated in domestic currency		2,880,992	2,823,453	2,775,019	2,720,289	2,687,335	2,675,767	2,651,489	2,611,949	2,613,593	2,605,873	2,605,388	2,562,555
Of which denominated in foreign currency		21,043	14,786	14,508	13,183	14,272	18,060	20,178	23,225	24,926	24,674	30,473	31,263
Of which debt securities at market value		2,085,177	2,039,830	2,036,703	2,003,310	1,972,613	1,995,341	1,996,475	1,920,032	1,939,613	1,952,909	1,858,336	1,865,652
By residual maturity4
Of which debt securities; payable within one year or less (residual maturity)		355,282	345,182	333,546	319,524	310,386	340,830	335,430	333,564	368,241	375,767	387,920	374,083
Of which loans payable within one year or less (residual maturity)		139,063	139,040	115,917	120,103	113,530	122,059	118,440	113,533	119,561	122,189	121,835	128,954
Of which debt securities; payable in more than one year (residual maturity)		1,945,373	1,894,671	1,886,467	1,848,828	1,839,363	1,792,195	1,784,253	1,760,194	1,726,427	1,699,529	1,700,229	1,670,685
Of which loans payable in more than one year (residual maturity)		444,331	441,068	434,899	428,293	423,650	423,927	416,735	412,338	409,518	416,176	407,755	404,752
By level of government4
Central government		2,043,130	2,000,365	1,973,316	1,925,014	1,891,533	1,893,509	1,879,063	1,851,614	1,859,876	1,857,153	1,854,480	1,811,195
State government		675,495	658,661	649,002	643,068	648,433	639,558	636,215	630,277	629,182	621,030	624,223	626,284
Local government		225,594	221,932	212,983	206,134	199,986	196,494	188,165	183,491	180,931	180,169	175,453	172,908
Social security funds		13,794	6,673	4,404	3,482	2,675	2,778	3,028	3,382	3,090	3,192	3,832	2,782
By instrument3
Of which currency and deposits		17,986	18,278	18,699	16,724	14,677	14,816	16,809	15,546	14,772	16,886	18,123	15,343
Of which debt securities		2,300,655	2,239,852	2,220,013	2,168,352	2,149,749	2,133,026	2,119,683	2,093,757	2,094,668	2,075,296	2,088,149	2,044,768
Of which loans		583,394	580,108	550,816	548,396	537,181	545,986	535,175	525,871	529,079	538,365	529,590	533,707
General government debt as defined in the Maastricht Treaty as a % of GDP1
Overall4		64.4	63.5	63	62.3	62	62.2	62	61.6	62.1	62.3	63.2	63
Central government		45.4	44.8	44.6	43.8	43.4	43.7	43.6	43.3	43.8	44	44.5	44
State government		15	14.7	14.7	14.6	14.9	14.8	14.8	14.7	14.8	14.7	15	15.2
Local government		5	5	4.8	4.7	4.6	4.5	4.4	4.3	4.3	4.3	4.2	4.2
Social security funds		0.3	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Government debt as defined in the Maastricht Treaty5
Debt owed to the Bundesbank1		534,283.9	554,175	568,658.1	585,895.5	605,060.4	633,607.9	645,723.4	661,348.9	683,097.1	696,286.8	706,112.8	719,980.6
Debt owed to the Bundesbank, of which: debt securities		519,245	539,187	553,254	570,557	589,744	618,332	630,043	645,746	667,557	680,801	690,704	704,639
Domestic MFIs1		506,783	499,398	510,827	497,891	485,634	474,547	468,693	456,534	453,023	457,279	450,716	455,545
Domestic MFIs, of which: debt securities		165,460	159,563	164,696	156,616	152,338	135,342	140,184	132,539	128,896	126,354	126,626	125,988
Other domestic financial corporations1		248,094	249,990	213,509	207,921	204,779	204,031	202,396	202,107	204,320	207,181	207,371	208,455
Other domestic financial corporations, of which: debt securities		143,683	139,148	135,905	129,750	125,927	125,180	121,993	122,123	123,506	124,180	123,411	124,072
Other domestic creditors1		79,113	78,360	77,992	78,324	77,414	80,634	81,752	77,851	78,859	78,557	76,344	71,745
Other domestic creditors, of which: debt securities		23,379	21,893	21,306	20,878	21,533	21,936	24,083	24,161	24,406	23,038	23,353	20,882
Foreign creditors1		1,533,762	1,456,316	1,418,541	1,363,441	1,328,720	1,301,007	1,273,102	1,237,333	1,219,220	1,191,244	1,195,318	1,138,091
Foreign creditors, of which: debt securities		1,448,888	1,380,060	1,344,853	1,290,551	1,260,208	1,232,235	1,203,380	1,169,189	1,150,303	1,120,923	1,124,056	1,069,187
Local government debt3
Of which currency and deposits2		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which currency		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which deposits		0	0	0	0	0	0	0	0	0	0	0	0
Of which securities other than shares, excl. financial derivates2		3,622	2,618	2,618	2,247	2,493	2,833	2,917	2,602	2,723	2,783	2,825	2,988
Of which securities other than shares, excl. financial derivates, of which short-term		0	0	0	0	0	0	0	0	0	0	0	0
Of which securities other than shares, excl. financial derivates, of which long-term		3,622	2,618	2,618	2,247	2,493	2,833	2,917	2,602	2,723	2,783	2,825	2,988
Of which loans2		221,971	219,313	210,364	203,886	197,493	193,661	185,248	180,889	178,208	177,386	172,628	169,920
Of which loans, of which short-term		26,842	25,705	26,191	25,484	24,253	21,287	22,211	20,493	20,368	17,703	20,004	19,380
Of which loans, of which long-term		195,129	193,608	184,173	178,403	173,241	172,373	163,037	160,397	157,839	159,683	152,624	150,540
Memo item: Germany4
Central government (incl. Special funds)		25,250	25,648	29,793	25,850	23,380	21,399	17,375	17,406	17,991	15,179	6,132	2,546
State government		14,224	14,821	13,436	12,886	13,178	13,390	13,222	12,258	12,642	11,769	11,171	13,588
Local government		3,318	3,185	3,436	3,047	2,948	2,222	2,689	2,408	2,408	2,550	2,382	1,776
Social security funds		13,186	5,738	3,511	2,442	1,515	1,500	1,519	1,519	1,519	1,500	2,442	1,442
Social security funds' debt2
Of which currency and deposits2		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which currency		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which deposits		0	0	0	0	0	0	0	0	0	0	0	0
Of which loans2		13,794	6,673	4,404	3,482	2,675	2,778	3,028	3,382	3,090	3,192	3,832	2,782
Of which loans, of which short-term		364	375	347	394	440	327	464	616	394	417	762	703
Of which loans, of which long-term		13,430	6,298	4,057	3,089	2,235	2,450	2,564	2,766	2,696	2,775	3,070	2,078
Social security funds' debt -of which securities other than shares, excl. financial derivates1
Social security funds´ debt -of which securities other than shares, excl. financial derivates2		0	0	0	0	0	0	0	0	0	0	0	0
Of which short-term		0	0	0	0	0	0	0	0	0	0	0	0
Of which long-term		0	0	0	0	0	0	0	0	0	0	0	0
State government debt3
Of which currency and deposits2		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which currency		0	0	0	0	0	0	0	0	0	0	0	0
Of which currency and deposits, of which deposits		0	0	0	0	0	0	0	0	0	0	0	0
Of which securities other than shares, excl. financial derivates2		475,125	459,978	452,351	450,065	454,803	443,227	441,830	439,683	438,892	425,806	429,621	428,781
Of which securities other than shares, excl. financial derivates, of which short-term		6,594	4,649	4,863	5,932	6,306	6,316	5,879	6,453	6,188	4,306	4,982	4,305
Of which securities other than shares, excl. financial derivates, of which long-term		468,531	455,329	447,488	444,133	448,497	436,911	435,950	433,230	432,704	421,501	424,639	424,475
Of which loans2		200,369	198,683	196,651	193,002	193,630	196,330	194,386	190,594	190,291	195,224	194,602	197,504
Of which loans, of which short-term		19,330	20,727	18,398	15,765	16,030	17,730	15,272	12,465	13,219	12,896	13,375	16,228
Of which loans, of which long-term		181,040	177,956	178,253	177,238	177,600	178,600	179,114	178,129	177,072	182,328	181,226	181,275
Budget revenue, expenditure and balance5
Central government3
Government, budgetary accounts (Germany as a whole), Revenue		105,968	123,587	111,182	113,830	113,958	146,906	114,098	109,884	102,840	121,205	106,100	101,846
Government, budgetary accounts (Germany as a whole), Expenditure		127,402	148,762	138,453	119,908	120,790	149,059	123,051	115,065	111,581	137,823	115,925	119,571
Government - budgetary accounts (Germany as a whole) - deficit, surplus		-21,434	-25,175	-27,271	-6,078	-6,832	-2,153	-8,953	-5,181	-8,741	-16,618	-9,825	-17,725
Central, state and local government3
Government, budgetary accounts (Germany as a whole), revenue2		319,727	384,564	309,978	321,350	312,263	391,847	309,723	311,939	290,664	338,804	290,513	311,579
Government, budgetary accounts (Germany as a whole), tax revenue		243,564	258,276	240,599	248,122	242,082	256,084	236,088	230,665	225,520	244,445	229,555	226,325
Government, budgetary accounts (Germany as a whole), financial transactions (revenue)		2,607	16,103	2,920	4,633	8,317	9,309	9,031	6,331	7,898	10,316	7,187	9,352
Government, budgetary accounts (Germany as a whole), expenditure5		364,009	438,348	353,989	333,675	328,119	412,380	340,950	329,005	310,729	366,339	303,099	313,136
Government, budgetary accounts (Germany as a whole), personnel expenditure		99,586	110,125	98,771	97,627	96,277	103,960	92,437	92,182	92,273	93,682	86,504	84,672
Government, budgetary accounts (Germany as a whole), current grants (expenditure)		124,985	136,179	119,091	119,779	115,608	130,867	113,614	110,709	113,840	126,366	103,248	117,720
Government, budgetary accounts (Germany as a whole), interest expenditure		21,049	9,171	17,628	10,693	16,366	10,515	18,242	13,689	16,783	11,252	12,555	24,175
Government, budgetary accounts (Germany as a whole), fixed asset formation		17,436	41,333	27,165	23,699	18,425	38,215	26,958	22,710	17,550	29,343	21,040	17,825
Government, budgetary accounts (Germany as a whole), financial transactions (expenditure)		11,446	17,548	8,486	5,269	12,487	12,413	5,827	8,083	3,701	7,027	4,540	2,187
Government - budgetary accounts (Germany as a whole) - deficit, surplus		-44,282	-53,784	-44,011	-12,325	-15,857	-20,533	-31,227	-17,066	-20,065	-27,535	-12,586	-1,557
General government budgetary position (Germany)3
(Germany), total revenue		513,342	595,000	500,009	511,840	495,530	594,406	485,912	490,668	459,896	522,065	457,132	476,206
(Germany), total expenditure		567,685	639,317	550,186	524,578	518,920	610,483	525,189	509,446	488,106	539,941	473,272	477,325
(Germany) - deficit, surplus		-54,343	-44,317	-50,177	-12,737	-23,390	-16,077	-39,277	-18,778	-28,210	-17,876	-16,140	-1,119
Local government (total) budgetary accounts3
Local government (total) budgetary accounts, Revenue		84,232	116,297	96,066	99,184	79,817	115,461	92,255	91,659	76,735	101,709	87,402	86,997
Local government (total) budgetary accounts, Expenditure		99,878	119,888	104,640	101,596	97,150	114,360	100,900	95,020	90,636	96,914	91,496	86,635
Local government (total) budgetary accounts - deficit, surplus		-15,646	-3,591	-8,574	-2,412	-17,333	1,101	-8,645	-3,361	-13,901	4,795	-4,094	362
State government (total) budgetary accounts3
State government (total) budgetary accounts, Revenue		140,709	157,590	136,598	139,899	136,895	146,433	134,050	134,367	129,218	146,900	123,119	138,516
State government (total) budgetary accounts, Expenditure		140,760	169,469	135,402	139,052	136,358	160,537	134,215	133,058	133,911	154,368	119,965	133,574
State government (total) budgetary accounts - deficit, surplus		-51	-11,879	1,196	847	537	-14,104	-165	1,309	-4,693	-7,468	3,154	4,942
Social insurance funds3
German statutory pension insurance scheme5
Scheme, revenue2	109,162	105,559	113,349	102,981	104,898	101,459	106,704	98,881	99,956	96,340	101,578	93,776	94,735
German pension insurance scheme, revenue, contribution receipts	77,620	73,922	82,107	73,727	74,788	71,286	77,833	70,041	71,411	67,378	73,852	66,300	67,459
Scheme, revenue, federal subsidy	31,067	31,158	30,695	29,459	29,423	29,479	28,143	28,091	27,848	28,344	27,041	26,950	26,942
Scheme, expenditure2	109,863	109,506	109,829	107,799	104,584	104,229	104,229	103,565	98,246	97,801	97,967	97,619	92,585
Scheme, pension payments	93,360	93,416	93,218	91,566	88,842	89,066	88,864	88,506	83,818	83,894	83,678	83,549	79,177
Scheme, expenditure, pensioners' health insurance	7,983	7,966	7,932	7,802	7,575	7,306	7,113	7,058	6,604	6,560	6,520	6,513	6,165
Scheme - deficit, surplus	-701	-3,948	3,521	-4,818	314	-2,770	2,474	-4,684	1,710	-1,461	3,611	-3,843	2,151
Scheme, assets, total2	40,913	41,627	46,405	41,745	46,096	46,312	48,698	44,821	48,873	46,926	48,825	44,354	47,245
Scheme, assets, deposits	39,663	40,344	44,327	39,395	43,708	43,429	45,596	42,036	46,253	44,166	46,660	42,208	45,043
Scheme, assets, securities	1,250	1,283	1,328	1,621	1,676	2,180	2,454	2,179	2,024	2,179	1,637	1,632	1,693
Scheme, memo item: administrative assets	4,746	4,726	3,787	3,746	3,736	3,741	3,740	3,744	3,748	3,758	3,697	3,703	3,705
Statutory health insurance scheme3
Scheme, revenue, total2		91,526.48	96,587.55	87,905.09	87,216.62	83,831.06	85,480.77	78,687.83	79,050.63	75,004.16	81,548.23	75,329.54	73,722.02
Scheme, revenue, contributions		84,846.88	89,827.28	83,406.41	82,950.14	79,722.14	79,880.9	74,064.77	73,539.53	70,700.36	74,198.88	69,236.3	68,791.78
Scheme, revenue, central government funds		6,101.27	5,081.42	3,586.76	3,584.55	3,552.42	3,592.29	3,678.79	4,609.33	3,616.72	5,399.02	5,244.02	4,494.53
Scheme, expenditure, total7		93,201.03	90,638.41	88,016.97	87,514.58	86,490.03	84,126.56	81,579.28	82,224.16	80,253.23	78,859.89	76,966.89	76,031.25
Scheme, expenditure, administrative expenditure		3,244.98	3,589.36	3,168.96	3,341.01	3,247.19	3,290.02	3,195.13	3,190.43	3,069.46	3,452.12	3,030.13	3,165.97
Scheme, expenditure, sickness benefits		5,905.46	5,418.91	5,365.41	5,315.7	5,531.54	5,146.83	5,133.21	5,117.75	5,147.82	4,808.67	4,694.51	4,681.51
Scheme, expenditure, medical treatment		14,920.88	14,155.06	13,852.72	14,052.55	13,939.08	13,175.08	12,953.89	12,945.02	13,042.14	12,414.67	11,959.38	12,234.28
Scheme, expenditure, dental treatment		5,016.65	4,892.58	4,626.58	4,777.31	4,783.66	4,580.36	4,461.8	4,590.8	4,602.57	4,440.38	4,373.26	4,480.82
Scheme, expenditure, pharmaceuticals		15,189.3	14,888.99	14,734.19	14,584.08	14,281.53	14,132.3	13,882.29	13,777.14	13,455.21	12,870.38	12,667.1	12,414.23
Scheme, expenditure, remedies and therapeutic appliance		7,074.94	6,869.56	6,914.74	6,799.35	6,576.92	6,293.72	6,365.09	6,336.98	6,194.38	5,844.61	6,001.01	5,806.15
Scheme, expenditure, hospital treatment		28,929.29	28,145.22	27,062.85	26,568.94	26,490.97	25,998.28	24,561.95	24,187.14	24,188.27	23,363.97	22,766.93	22,530.92
Scheme - deficit, surplus		-1,674.55	5,949.14	-111.88	-297.95	-2,658.97	1,354.21	-2,891.46	-3,173.53	-5,249.08	2,688.35	-1,637.36	-2,309.23
Statutory long-term care insurance scheme3
Scheme, revenue, total1		18,247.3	19,524.62	18,070.4	18,183.97	17,555.6	17,753.19	16,468.13	16,544.23	15,895.78	16,919.99	15,585.04	14,226.8
Scheme, revenue, contributions		18,042.6	19,259.5	17,868.17	17,979.62	17,347.45	17,423	16,200.43	16,223.28	15,525.42	16,469.01	15,228.05	13,668.25
Scheme, expenditure, total5		19,714.54	19,462.79	18,781.1	17,936.88	17,643.45	17,704.25	17,161.7	16,791.59	16,546.47	15,317.19	14,823.49	14,392.28
Scheme, expenditure, non-cash care benefits (outpatient nursing care)		4,570.38	4,095.91	3,941.55	3,460.11	3,520.79	3,192.09	3,210.59	3,160.91	3,207.26	2,862.56	2,866.79	2,745.08
Scheme, expenditure, inpatient care, total		6,728.78	6,692.56	6,652.7	6,489.95	6,388.06	6,294.35	6,308.05	6,153.25	6,037.94	5,782.4	5,776.37	5,538.51
Scheme, expenditure, nursing benefit		5,351.34	5,517.56	5,303.89	5,197.54	4,995.52	4,977.02	4,697.15	4,580.64	4,386.74	4,317.1	4,074.44	3,939.52
Scheme, expenditure, contributions to pension insurance scheme		1,216.56	1,272.82	1,200.62	1,164.03	1,103.73	1,080.09	1,025.61	987.54	949.6	948.79	891.14	869.14
Scheme, expenditure, administrative expenditure		797.01	654.17	674.57	648.47	664	589.5	599.91	607.18	645.24	559.55	570.59	561.13
Scheme - deficit, surplus		-1,467.25	61.83	-710.71	247.09	-87.85	48.94	-693.57	-247.36	-650.69	1,602.8	761.55	-165.48

Latest reading

Of which currency and deposits stood at 17,986 EUR million in Q1 2026. That is −1.6% from Q4 2025 and +22.5% from a year earlier. The series on this page is quarterly and runs from Q1 2000 to Q1 2026. Source: Deutsche Bundesbank.

Latest: 17,986 EUR million; Q1 2026
vs previous period: −1.6%; Q4 2025
vs a year earlier: +22.5%