Germany household currency and deposits
Germany household currency and deposits stood at 3,550 EUR billion in Q1 2026, according to Deutsche Bundesbank. It is one of the indicators in the Household financial accounts table (Value · Quarterly), with a complete series running from Q1 1999 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Household financial accounts table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency and deposits3 | 3,550 | 3,538.4 | 3,468.6 | 3,441.1 | 3,406.6 | 3,408 | 3,351.6 | 3,302.6 | 3,254 | 3,218.7 | |
| Currency | 522.3 | 516.1 | 502.2 | 490.7 | 477.7 | 473.5 | 461.7 | 453 | 447.4 | 444.3 | |
| Transferable deposits | 1,857.8 | 1,859 | 1,810.2 | 1,787.2 | 1,749.5 | 1,740 | 1,685.5 | 1,661.2 | 1,652.9 | 1,686.3 |
Understanding germany household currency and deposits
This category encompasses all liquid monetary instruments held by domestic households, combining physical notes and coins with overnight bank balances, fixed-term deposits, savings books, and savings certificates. Unlike the broader financial asset aggregate, it excludes capital market investments such as equities, investment fund units, debt securities, and insurance entitlements. It sits immediately below total financial assets as the primary subtotal for cash and bank-intermediated claims, grouping both instantaneously accessible liquidity and notice-constrained deposit accounts.
Because deposits are recorded at nominal balance sheet value rather than market price, this aggregate is immune to the direct market price fluctuations that affect bonds and shares. Quarter-on-quarter movements are heavily influenced by seasonal liquidity patterns, particularly employee bonus payments, holiday spending cycles, and year-end interest distributions. A year-on-year comparison provides the appropriate lens for evaluating shifts in household cash preferences, neutralizing predictable annual seasonality. Initial quarterly figures may be revised when complete reporting from credit institutions arrives, but revisions are typically smaller than those seen in market-sensitive asset classes.
Frequently asked questions
- Are deposits held in foreign currencies included in this total?
- Yes, foreign currency deposits held by resident households at domestic and cross-border monetary institutions are included after conversion into common currency terms.
- Does market volatility affect the valuation of this asset category?
- Unlike bond or equity holdings, currency and bank deposits are recorded at nominal face value and do not experience market price fluctuations.
- How does this category differ from transferable deposits?
- This category is an aggregate that includes transferable deposits alongside physical currency, fixed-term deposits, and notice-constrained savings balances.