Germany other investment expenditure, MFIs
Germany other investment expenditure, MFIs stood at 5,693.02 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: Monetary financial institutions (excl. central bank) | 5,693.02 | 5,535.72 | 5,544.04 | 5,482.5 | 5,369.97 | 5,362.11 | 5,283.35 | 5,118.89 | 4,350.08 | 4,544.32 |
Understanding germany other investment expenditure, MFIs
Commercial banking liabilities to non-residents generate these specific cross-border interest outflows. The scope captures remuneration paid by domestic monetary financial institutions, excluding the central bank, on foreign-held deposits, short-term and long-term lending, and other traditional credit facilities. This classification separates institutional banking outflows from the corresponding debt servicing costs borne by the public sector or private non-financial corporations. It strictly excludes returns on securitized debt or equity, concentrating entirely on bilateral loan arrangements and unsecuritized financial instruments characteristic of commercial retail and wholesale banking operations.
Month-to-month variations typically reflect shifts in wholesale interbank lending rates alongside changes in the underlying stock of foreign deposits held at domestic banking institutions. Unadjusted figures contain underlying calendar effects and clustered payment schedules, making year-on-year comparisons the preferred analytical approach to filter out recurring seasonal variations in interest payment cycles. The statistical categorization relies heavily on the counterparty's institutional sector, meaning any official reclassification of a domestic financial entity can cause a structural break in the time series. Analysts must isolate this aggregate from broader portfolio interest outflows to accurately understand the distinct burden of non-marketable debt servicing.
Frequently asked questions
- Does this include interest on government bonds held by foreign central banks?
- No, sovereign bond yields fall under portfolio investment expenditure, and the general government has a separate category for its unsecuritized loans.
- Are dividends from German banking stocks captured here?
- Equity payouts are classified as portfolio investment income, whereas this metric focuses solely on interest from deposits and loans.
- How do interest rate decisions influence these specific outflows?
- Adjustments to benchmark borrowing costs directly alter the required interest payments on variable-rate interbank loans and foreign deposits.