Germany Consolidated Fiscal Balance
1991 - 2026 | Quarterly | USD mn | CEIC Data
Key information about Germany Consolidated Fiscal Balance
- Germany Consolidated Fiscal Balance recorded a deficit equal to 42.575 USD bn in Mar 2026, compared with a deficit equal to 64.195 USD bn in the previous quarter.
- Germany Consolidated Fiscal Balance data is updated quarterly, available from Mar 1991 to Mar 2026, with an average ratio of -8.518 USD bn.
- The data reached an all-time high of 38.139 USD bn in Jun 2018 and a record low of -160.879 USD bn in Mar 1995.
CEIC converts quarterly Consolidated Fiscal Balance into USD. Statistisches Bundesamt provides Consolidated Fiscal Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.
View Germany's Consolidated Fiscal Balance from Mar 1991 to Mar 2026 in the chart:
What was Germany's Consolidated Fiscal Balance in Mar 2026?
Germany Consolidated Fiscal Balance recorded a deficit equal to 42.575 USD bn in Mar 2026, compared with a deficit equal to 64.195 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -42,574.620 Mar 2026 | -64,194.656 Dec 2025 | -160,879.080 Mar 1995 | 38,138.806 Jun 2018 | USD mn | quarterly | Mar 1991 - Mar 2026 |
Consolidated Fiscal Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 641.624 Jun 2026 | monthly | Dec 1997 - Jun 2026 |
| Algeria (USD mn) | -5,868.517 2022 | yearly | 1997 - 2022 |
| Argentina (USD mn) | -694.209 Jun 2026 | monthly | Jan 1993 - Jun 2026 |
| Armenia (USD mn) | -77.603 Jun 2026 | monthly | Jan 2008 - Jun 2026 |
| Australia (USD mn) | -8,834.081 Mar 2026 | quarterly | Sep 2002 - Mar 2026 |
| Austria (USD mn) | -8,581.919 Mar 2026 | quarterly | Mar 2001 - Mar 2026 |
| Azerbaijan (USD mn) | 1,414.059 Jun 2026 | monthly | Dec 2004 - Jun 2026 |
| Bahrain (USD mn) | -2,784.441 2024 | yearly | 1990 - 2024 |
| Bangladesh (USD mn) | -572.377 Oct 2025 | monthly | Jul 2008 - Oct 2025 |
| Belarus (USD mn) | 404.854 Sep 2021 | quarterly | Dec 2005 - Sep 2021 |
| Belgium (USD mn) | -29,263.357 2024 | yearly | 1970 - 2024 |
| Bolivia (USD mn) | -5,230.120 2024 | yearly | 1990 - 2024 |
| Bosnia and Herzegovina (%) | 0.195 Mar 2026 | quarterly | Dec 2008 - Mar 2026 |
| Botswana (USD mn) | -241.274 Feb 2026 | monthly | Apr 2007 - Feb 2026 |
| Brazil (USD mn) | -28,053.865 May 2026 | monthly | Jan 1997 - May 2026 |
| Brunei (USD mn) | -2,878.350 2025 | yearly | 1972 - 2025 |
| Bulgaria (%) | -3.361 Mar 2026 | quarterly | Sep 2003 - Mar 2026 |
| Cambodia (USD mn) | 317.330 May 2026 | monthly | Jan 2007 - May 2026 |
| Canada (USD mn) | -228.184 May 2026 | monthly | May 1992 - May 2026 |
| Chile (USD mn) | -9,751.327 2025 | yearly | 1990 - 2025 |
| China (USD mn) | -130,907.052 Jun 2026 | monthly | Jan 1995 - Jun 2026 |
| Colombia (USD mn) | -22,040.399 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Croatia (USD mn) | -963.223 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (USD mn) | -61.245 May 2026 | monthly | Jan 2014 - May 2026 |
| Czech Republic (USD mn) | -3,480.428 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Denmark (USD mn) | 1,462.696 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Ecuador (USD mn) | 472.211 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Egypt (USD mn) | -21,374.442 May 2026 | monthly | Jan 2005 - May 2026 |
| Estonia (USD mn) | -466.534 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| European Union (USD mn) | -651,515.829 2025 | yearly | 1999 - 2025 |
| Finland (USD mn) | -2,378.915 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| France (USD mn) | -45,798.800 Mar 2026 | quarterly | Mar 1957 - Mar 2026 |
| Georgia (USD mn) | 93.844 Jun 2026 | monthly | Jan 2006 - Jun 2026 |
| Germany (USD mn) | -42,574.620 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Ghana (USD mn) | 288.296 Mar 2026 | monthly | Jan 2008 - Mar 2026 |
| Greece (USD mn) | -1,512.578 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Hong Kong SAR, China (USD mn) | -1,705.639 May 2026 | monthly | Oct 1998 - May 2026 |
| Hungary (USD mn) | -6,372.190 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Iceland (USD mn) | -190.907 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| India (USD mn) | -20,929.726 May 2026 | monthly | Apr 1997 - May 2026 |
| Indonesia (USD mn) | -898.272 Jun 2026 | monthly | Jan 2014 - Jun 2026 |
| Iran (USD mn) | -13,054.476 Mar 2021 | quarterly | Jun 2005 - Mar 2021 |
| Ireland (USD mn) | 879.215 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Israel (USD mn) | -2,940.100 Jun 2026 | monthly | Jan 1999 - Jun 2026 |
| Italy (USD mn) | -50,388.045 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Ivory Coast (USD mn) | -2,985.075 2025 | yearly | 1960 - 2025 |
| Japan (USD mn) | -285,631.424 2025 | yearly | 1995 - 2025 |
| Jordan (USD mn) | -1,288.434 2025 | yearly | 1999 - 2025 |
| Kazakhstan (USD mn) | -2,230.188 Jun 2026 | monthly | Nov 2007 - Jun 2026 |
| Kenya (%) | -6.445 Mar 2026 | quarterly | Dec 2009 - Mar 2026 |
| South Korea (USD mn) | -6,825.468 May 2026 | monthly | Jul 1999 - May 2026 |
| Kosovo (USD mn) | 49.040 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Kuwait (USD mn) | -3,440.015 2024 | yearly | 1988 - 2024 |
| Kyrgyzstan (USD mn) | 332.859 May 2026 | monthly | Jan 2007 - May 2026 |
| Laos (USD mn) | 344.107 2025 | yearly | 2010 - 2025 |
| Latvia (USD mn) | 108.988 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Lebanon (USD mn) | 36.123 Dec 2024 | monthly | Jan 1998 - Dec 2024 |
| Lithuania (USD mn) | -141.072 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Luxembourg (%) | -1.961 2025 | yearly | 1995 - 2025 |
| Macau SAR, China (%) | 7.874 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| North Macedonia (USD mn) | -764.590 2025 | yearly | 2009 - 2025 |
| Malawi (USD mn) | -60.844 May 2026 | monthly | Oct 2005 - May 2026 |
| Malaysia (USD mn) | -27,060.208 2024 | yearly | 1970 - 2024 |
| Malta (USD mn) | -396.883 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Mauritius (%) | -6.360 Mar 2026 | quarterly | Dec 2010 - Mar 2026 |
| Mexico (USD mn) | -10,176.077 May 2026 | monthly | Jan 1977 - May 2026 |
| Moldova (USD mn) | -819.952 2025 | yearly | 1998 - 2025 |
| Mongolia (USD mn) | -221.544 Jun 2026 | monthly | Jan 2000 - Jun 2026 |
| Montenegro (USD mn) | -16.019 Jun 2026 | monthly | Jan 2012 - Jun 2026 |
| Morocco (USD mn) | -2,171.408 Jun 2026 | monthly | Jan 2000 - Jun 2026 |
| Mozambique (USD mn) | 388.757 Dec 2016 | quarterly | Mar 2002 - Dec 2016 |
| Myanmar (USD mn) | -1,874.844 2023 | yearly | 1980 - 2023 |
| Nepal (USD mn) | -518.302 Mar 2026 | quarterly | Mar 2017 - Mar 2026 |
| Netherlands (USD mn) | -10,290.880 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| New Zealand (USD mn) | -4,697.177 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Nigeria (USD mn) | -1,902.660 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Norway (USD mn) | 19,641.200 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| Oman (USD mn) | 54.616 Apr 2026 | monthly | Jun 2003 - Apr 2026 |
| Pakistan (USD mn) | -14,594.600 2025 | yearly | 1991 - 2025 |
| Palestinian Territory (USD mn) | 192.600 2024 | yearly | 2010 - 2024 |
| Panama (USD mn) | -3,320.820 2025 | yearly | 2003 - 2025 |
| Paraguay (USD mn) | -120.921 Jun 2026 | monthly | Jan 2003 - Jun 2026 |
| Peru (USD mn) | -830.770 Mar 2026 | quarterly | Mar 1990 - Mar 2026 |
| Philippines (USD mn) | -4,314.896 Jun 2026 | monthly | Jan 1985 - Jun 2026 |
| Poland (USD mn) | -75,512.792 2025 | yearly | 1995 - 2025 |
| Portugal (USD mn) | -596.742 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Qatar (USD mn) | -2,828.297 Mar 2026 | quarterly | Mar 2011 - Mar 2026 |
| Romania (%) | -6.345 Mar 2026 | quarterly | Dec 2004 - Mar 2026 |
| Russia (USD mn) | -3,608.684 May 2026 | monthly | Jan 1993 - May 2026 |
| Saudi Arabia (USD mn) | -73,761.406 2025 | yearly | 1969 - 2025 |
| Serbia (USD mn) | -3.027 May 2026 | monthly | Jan 2005 - May 2026 |
| Singapore (USD mn) | 1,720.764 Jun 2026 | monthly | Apr 2011 - Jun 2026 |
| Slovakia (USD mn) | 150.169 Jun 2026 | monthly | Jan 2005 - Jun 2026 |
| Slovenia (USD mn) | -633.081 May 2026 | monthly | Jan 2000 - May 2026 |
| South Africa (USD mn) | 4,889.612 Jun 2026 | monthly | Jan 1990 - Jun 2026 |
| Spain (USD mn) | -7,527.768 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Sri Lanka (%) | -1.171 Mar 2026 | quarterly | Dec 2014 - Mar 2026 |
| Sudan (USD mn) | -196.813 2021 | yearly | 2001 - 2021 |
| Sweden (USD mn) | -8,632.443 2025 | yearly | 1995 - 2025 |
| Switzerland (USD mn) | 5,488.721 2025 | yearly | 1990 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.1 Mar 2026 | quarterly | Dec 1991 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -42,574.620 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Tax Revenue (USD mn) | 302,989.732 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Tax Revenue: % of GDP (%) | 22.4 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| National Government Debt (USD mn) | 3,342,563.9 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Government Debt: % of GDP (%) | 63.5 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Forecast: Government Expenditure (EUR bn) | 2,798.121 2031 | yearly | 1991 - 2031 |
| Forecast: Government Net Debt (EUR bn) | 3,991.688 2031 | yearly | 1991 - 2031 |
| Forecast: Government Revenue (EUR bn) | 2,599.816 2031 | yearly | 1991 - 2031 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.600 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 22,193.9 May 2026 | monthly | Jan 1957 - May 2026 |
| Total Exports (USD mn) | 161,069.3 May 2026 | monthly | Jan 1957 - May 2026 |
| Total Exports Growth (%) | 6.1 May 2026 | monthly | Jan 1951 - May 2026 |
| Aluminum: Exports (USD th) | 11,279,159.417 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 77,031,976.536 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 56,608,362.267 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 138,875.4 May 2026 | monthly | Jan 1957 - May 2026 |
| Total Imports Growth (%) | 6.9 May 2026 | monthly | Jan 1951 - May 2026 |
| Imports: Medicament (USD th) | 45,773,810.048 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 40,080,092.776 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 14,601.686 May 2026 | monthly | Sep 1977 - May 2026 |
| Total Imports from USA (USD mn) | 11,143.674 May 2026 | monthly | Jul 1990 - May 2026 |
| Total Exports to China (USD mn) | 6,668.914 May 2026 | monthly | Jan 2000 - May 2026 |
| Total Imports from China (USD mn) | 16,345.192 May 2026 | monthly | Jan 2000 - May 2026 |
| Motor Vehicle Exports: Car (Unit) | 287,700.000 Jun 2026 | monthly | Jul 2000 - Jun 2026 |
| Exports: China (EUR th) | 5,709,198.000 May 2026 | monthly | Jan 2000 - May 2026 |
| Imports cif (EUR mn) | 113,741.531 May 2026 | monthly | Jan 1950 - May 2026 |
| Exports fob (EUR mn) | 129,284.411 May 2026 | monthly | Jan 1950 - May 2026 |
| Exports fob: YoY (%) | -0.800 May 2026 | monthly | Jan 2001 - May 2026 |
| Imports cif: YoY (%) | 1.600 May 2026 | monthly | Jan 2001 - May 2026 |
| Imports cif: swda (EUR bn) | 118.890 May 2026 | monthly | Jan 1950 - May 2026 |
| Trade Balance: swda (EUR bn) | 19.000 May 2026 | monthly | Jan 1950 - May 2026 |
| Exports fob: swda (EUR bn) | 137.890 May 2026 | monthly | Jan 1950 - May 2026 |
| Exports Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells asse... (EUR th) | 39,274.000 May 2026 | monthly | Jan 2021 - May 2026 |
| Imports Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes (... (EUR th) | 81,291.000 May 2026 | monthly | Jan 2021 - May 2026 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,237.5 May 2026 | monthly | Jan 1971 - May 2026 |
| Current Account Balance (USD mn) | 26,492.5 May 2026 | monthly | Jan 1991 - May 2026 |
| Current Account Balance: % of GDP (%) | 4.4 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Foreign Direct Investment (USD mn) | 13,774.4 May 2026 | monthly | Jan 1971 - May 2026 |
| Foreign Direct Investment: % of GDP (%) | 1.4 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Foreign Portfolio Investment (USD mn) | 101,119.451 Mar 2026 | quarterly | Mar 1971 - Mar 2026 |
| Foreign Portfolio Investment: % of GDP (%) | 7.4 Mar 2026 | quarterly | Mar 1971 - Mar 2026 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -2,023.7 Mar 2026 | quarterly | Mar 1971 - Mar 2026 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 103,143.143 Mar 2026 | quarterly | Mar 1971 - Mar 2026 |
| External Debt (USD mn) | 8,139,666.9 Mar 2026 | quarterly | Jun 1999 - Mar 2026 |
| External Debt: % of GDP (%) | 149.6 2025 | yearly | 1999 - 2025 |
| External Debt: Short Term (USD mn) | 3,070,612.4 Mar 2026 | quarterly | Mar 2004 - Mar 2026 |
| External Debt: Short Term: % of GDP (%) | 54.1 2025 | yearly | 2004 - 2025 |
| Total Debt: % of GDP (%) | 581.5 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Forecast: Current Account Balance (USD bn) | 243.613 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | 4,437,091.788 Mar 2026 | quarterly | Dec 1957 - Mar 2026 |
| Insolvency (IN): No of Proceedings (NP) (Unit) | 10,176.000 Apr 2026 | monthly | Jan 2003 - Apr 2026 |
| DE: BOP: Net Errors and Omissions (USD mn) | 99,453.753 2025 | yearly | 1971 - 2025 |
| DE: BOP: Financial Account: Portfolio Investment: Net (USD mn) | 53,990.104 2025 | yearly | 1971 - 2025 |
| DE: BOP: Current Account: Personal Remittances: Paid (USD mn) | 26,674.776 2025 | yearly | 1971 - 2025 |
| DE: BOP: Current Account: Personal Remittances: Received (USD mn) | 23,900.454 2025 | yearly | 1971 - 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.9 2025 | yearly | 2005 - 2025 |
| Household Debt: % of GDP (%) | 47.7 Mar 2026 | quarterly | Dec 1991 - Mar 2026 |
| Money Supply M1 (USD mn) | 3,342,098.393 Jun 2026 | monthly | Jan 1957 - Jun 2026 |
| Money Supply M2 (USD mn) | 4,651,399.946 Jun 2026 | monthly | Jan 1969 - Jun 2026 |
| M2 Growth (%) | 3.7 Jun 2026 | monthly | Jan 1970 - Jun 2026 |
| Reserve Requirement Ratio (%) | 1.0 Jul 2026 | monthly | Jan 1999 - Jul 2026 |
| Foreign Exchange Reserves (USD mn) | 37,822.2 Jun 2026 | monthly | Jan 1957 - Jun 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 0.718 Jun 2026 | quarterly | Dec 1991 - Jun 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.3 May 2026 | monthly | Jan 1957 - May 2026 |
| Gold Reserves (USD mn) | 434,681.722 Jun 2026 | monthly | Dec 1998 - Jun 2026 |
| Total Deposits (USD mn) | 7,260,827.209 Jun 2026 | monthly | Sep 1997 - Jun 2026 |
| Total Deposits Growth (%) | 4.3 Jun 2026 | monthly | Sep 1998 - Jun 2026 |
| Domestic Credit (USD mn) | 0.0 May 2025 | monthly | Jan 1999 - May 2025 |
| Domestic Credit Growth (%) | -100.0 May 2025 | monthly | Jan 2000 - May 2025 |
| Debt Service Ratio: Households (%) | 5.400 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 12.200 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Credit to Households (USD bn) | 2,560.189 Sep 2025 | quarterly | Dec 1970 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 7,191.533 Dec 2025 | quarterly | Mar 1955 - Dec 2025 |
| Household Debt (USD mn) | 2,511,039.2 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Total Loans (USD mn) | 8,762,502.928 Jun 2026 | monthly | Jan 1957 - Jun 2026 |
| Total Loans Growth (%) | 3.24 Jun 2026 | monthly | Dec 1949 - Jun 2026 |
| Private Debt: % of Nominal GDP (%) | 71.26 Mar 2026 | quarterly | Dec 1991 - Mar 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.6 Jul 2026 | monthly | Jan 1992 - Jul 2026 |
| Business Climate: Balance: sa: Manufacturing Industry (NA) | -9.579 Jul 2026 | monthly | Jan 1991 - Jul 2026 |
| Business Assessment: Balance: Manufacturing Industry (NA) | -9.200 Jul 2026 | monthly | Jan 1991 - Jul 2026 |
| Economic Expectation Indicator: Germany (%) | 26.300 Jul 2026 | monthly | Dec 1991 - Jul 2026 |
| Current Economic Situation Indicator: Germany: Balance (%) | -81.000 Jun 2026 | monthly | Dec 1991 - Jun 2026 |
| Leading Economic Index (2016=100) | 87.500 May 2026 | monthly | Jan 1965 - May 2026 |
More Indicators for Germany
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