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Germany: Government deficit (% of GDP)

Percent of GDP · 1872–2025 · 128 observations · forecasts to 2031 · govdef_GDP

2025
−2.70%percent of GDP
Change on 2024
0.0 pointsfrom −2.70%
Average, 2016–2025
−1.18%10 years
Record high and low
2.73% (1967)low −9.40% (1995)

Government deficit (% of GDP)

Report error
-10%-8%-6%-4%-2%0%2%4%18801900192019401960198020002020GermanyGermany
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-3.66Forecast
2030-3.83Forecast
2029-3.90Forecast
2028-4.06Forecast
2027-4.23Forecast
2026-1.82Forecast
2025-2.70
2024-2.70
2023-2.50
2022-1.90
2021-3.20
2020-4.40
20191.30
20181.90
20171.30
20161.10

Sources

This series is derived from other GMD variables.

Germany documentation (PDF)

More for Germany

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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