Germany recorded a Government Budget deficit equal to 2.80 percent of the country's Gross Domestic Product in 2024. Government Budget in Germany averaged -1.91 percent of GDP from 1995 until 2024, reaching an all time high of 1.90 percent of GDP in 2018 and a record low of -9.40 percent of GDP in 1995. source: Federal Statistical Office
Government Budget in Germany is expected to reach -3.60 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Government Budget is projected to trend around -4.20 percent of GDP in 2027 and -4.80 percent of GDP in 2028, according to our econometric models.