German private sector long-term other investment in loans
German private sector long-term other investment in loans stood at 909.06 EUR million in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Balance of payments: financial and capital account table (Value · Monthly), with a complete series running from Jan 1971 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Balance of payments: financial and capital account table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other investment, Domestic sector: Enterprises and households | -20,221.46 | 10,520.71 | 55,114.41 | 13,373.28 | -17,904.03 | -356.73 | 28,672.7 | 32,558.28 | -25,597.48 | 33,895.17 | |
| Other investment, Loans, Domestic sector: Enterprises and households | -7,100.65 | 8,354.42 | 6,152.84 | 5,122.6 | -4,640.28 | -2,386.43 | 10,327.84 | 5,447.46 | -3,794.08 | 3,021.61 | |
| Other investment, Loans, Long-term, Domestic sector: Enterprises and households | 909.06 | -670 | -560.97 | -245.49 | -102.47 | -340.62 | 35.2 | -122.93 | -248.2 | 32.86 |
Understanding german private sector long-term other investment in loans
Borrowing arrangements extended by domestic enterprises and households to foreign counterparts with prolonged original maturities constitute this component of the financial account. This category captures bilateral credit that does not take the form of tradable debt securities, separating it from portfolio investment. It isolates the lending activities of the non-financial private sector, explicitly excluding loans granted by the government or financial institutions. By focusing solely on long-term commitments, the measure ignores short-term trade credits, instead capturing structural financing provided by resident businesses and individuals to entities abroad.
Analyzing these flows requires attention to corporate financing cycles rather than high-frequency market fluctuations. Monthly figures are prone to distinct spikes when major bilateral corporate credit lines are finalized, meaning a year-on-year perspective smooths out the lumpiness of individual large transactions better than a period-on-period comparison. Revisions often occur in the quarters following the initial release as preliminary corporate reports are replaced by finalized balance sheet data. A common pitfall is conflating these cross-border loans with domestic lending; this series strictly tracks capital moving to non-resident borrowers, reflecting the external credit provision of the private non-financial sector.
Frequently asked questions
- What defines a loan as long-term in this series?
- It refers to credit arrangements structured over extended periods, distinguishing them from immediate liquidity provisions and brief trade credits.
- Are loans from resident banks included here?
- No, the series is restricted to the enterprises and households sector, meaning financing from the domestic banking system falls under a different category.
- How does this differ from portfolio debt securities?
- Unlike tradable bonds and notes which can change hands on secondary markets, this measures direct, non-tradable bilateral lending between two specific counterparties.