Germany other investment expenditure, general government
Germany other investment expenditure, general government stood at 54.74 EUR million in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Balance of payments: current 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: current account table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment income, Expenditure | 18,840.3 | 18,870.25 | 21,681.23 | 32,015 | 23,250.9 | 19,270.16 | 20,624.16 | 17,816.87 | 17,273.75 | 17,224.34 | |
| Investment income, Other investment income (incl. reserve assets), Expenditure | 8,471.47 | 8,275.15 | 8,404.83 | 8,282.45 | 8,029.48 | 8,263.21 | 8,133.36 | 8,245.35 | 6,966.24 | 7,118.82 | |
| Investment income, Other investment income, Expenditure, Domestic sector: General government | 54.74 | 53.94 | 57.19 | 52.02 | 53.85 | 52.03 | 57.29 | 57.32 | 55.25 | 55.56 |
Understanding germany other investment expenditure, general government
Unsecuritized public borrowing directly determines the size of this primary income debit. The measure records the interest paid by domestic general government entities to foreign creditors on traditional loans, trade credits, and advances. It explicitly isolates the sovereign's non-marketable debt servicing obligations from the financial sector and corporate borrowers within the broader current account. Sovereign bonds and standard treasury bills are absent from this calculation, as the returns on securitized instruments belong to portfolio investment outflows. The focus remains exclusively on bilateral credit arrangements involving state or local authorities.
Analyzing unadjusted monthly releases requires caution due to the uneven distribution of scheduled sovereign loan repayments across the calendar year. Year-on-year assessments offer a more reliable perspective by neutralizing these clustered public debt servicing schedules. Methodological adjustments occasionally alter the boundary defining general government entities, which can introduce discontinuities when public enterprises are reclassified. When evaluating sovereign debt burdens, distinguishing this non-marketable interest expense from the broader bond yield payouts is necessary to trace the exact channels of state financing costs affecting the balance of payments.
Frequently asked questions
- Why are German Bunds excluded from this specific government expenditure metric?
- Sovereign bonds are securitized tradable assets, so their coupon payments are recorded under portfolio investment rather than other investment income.
- Do local municipality loans from foreign entities appear in these figures?
- Yes, interest payments on unsecuritized borrowing by state and municipal authorities are included alongside federal obligations.
- What causes concentrated spikes in the monthly unadjusted data?
- Predetermined schedules for public sector loan servicing can concentrate massive interest payments into specific calendar months.