Germany recorded a government budget deficit of 1.74 EUR Billion in the first quarter of 2020.

Government Budget Value in Germany averaged -10.27 EUR Billion from 1991 until 2020, reaching an all time high of 40.63 EUR Billion in the third quarter of 2000 and a record low of -58.90 EUR Billion in the fourth quarter of 1992. This page provides the latest reported value for - Germany Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany General Government Budget Value - values, historical data and charts - was last updated on October of 2020. source: Deutsche Bundesbank

Government Budget Value in Germany is expected to be -44.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Germany to stand at -19.00 in 12 months time. In the long-term, the Germany General Government Budget Value is projected to trend around -13.00 EUR Billion in 2021 and 13.00 EUR Billion in 2022, according to our econometric models.

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Germany General Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1.74 6.50 40.63 -58.90 1991 - 2020 EUR Billion Quarterly
Current Prices, NSA

Germany Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.80 61.90 82.40 54.90 percent [+]
Government Budget 1.40 1.90 1.90 -9.40 percent of GDP [+]
Government Budget Value -1.74 6.50 40.63 -58.90 EUR Billion [+]
Government Spending 168.84 166.42 168.84 95.39 EUR Billion [+]
Government Spending to GDP 45.40 44.60 55.10 43.40 percent [+]
Government Revenues 380.01 420.87 503.44 206.35 EUR Billion [+]
Government Debt 2108892.84 1955357.52 2108892.84 968305.53 EUR Million [+]
Fiscal Expenditure 381.75 414.37 509.66 222.14 EUR Billion [+]
Military Expenditure 46192.00 45382.00 63310.00 17551.00 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 4790.00 3775.00 92105.00 1535.00 [+]

Germany General Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.