Germany Government Budget

Germany recorded a Government Budget surplus equal to 0.20 percent of the country's Gross Domestic Product in 2012. Government Budget in Germany is reported by the Eurostat. Historically, from 1996 until 2012, Germany Government Budget averaged -2.07 Percent of GDP reaching an all time high of 1.30 Percent of GDP in December of 2000 and a record low of -4.10 Percent of GDP in December of 2010. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Germany Government Budget.