Germany Consolidated Fiscal Balance

1991 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Germany Consolidated Fiscal Balance

  • Germany Consolidated Fiscal Balance recorded a deficit equal to 46.923 USD bn in Sep 2025, compared with a deficit equal to 13.392 USD bn in the previous quarter.
  • Germany Consolidated Fiscal Balance data is updated quarterly, available from Mar 1991 to Sep 2025, with an average ratio of 13.425 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 Sep 2025 in the chart:

Germany Consolidated Fiscal Balance

What was Germany's Consolidated Fiscal Balance in Sep 2025?

Germany Consolidated Fiscal Balance recorded a deficit equal to 46.923 USD bn in Sep 2025, compared with a deficit equal to 13.392 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-46,923.274 Sep 2025 -13,391.764 Jun 2025 -160,879.080 Mar 1995 38,138.806 Jun 2018 USD mn quarterly Mar 1991 - Sep 2025

Consolidated Fiscal Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 595.080 Oct 2025 monthly Dec 1997 - Oct 2025
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) 359.919 Oct 2025 monthly Jan 1993 - Oct 2025
Armenia (USD mn) -50.335 Sep 2025 monthly Jan 2008 - Sep 2025
Australia (USD mn) -11,179.706 Jun 2025 quarterly Sep 2002 - Jun 2025
Austria (USD mn) -5,666.282 Jun 2025 quarterly Mar 2001 - Jun 2025
Azerbaijan (USD mn) 3,041.647 Oct 2025 monthly Dec 2004 - Oct 2025
Bahrain (USD mn) -2,201.763 2023 yearly 1990 - 2023
Bangladesh (USD mn) -1,846.657 May 2025 monthly Jul 2008 - May 2025
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -30,012.565 2024 yearly 1970 - 2024
Bolivia (USD mn) -5,230.120 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 1.928 Jun 2025 quarterly Dec 2008 - Jun 2025
Botswana (USD mn) -48.449 Aug 2025 monthly Apr 2007 - Aug 2025
Brazil (USD mn) -8,618.669 Oct 2025 monthly Jan 1997 - Oct 2025
Brunei (USD mn) -2,030.104 2024 yearly 2000 - 2024
Bulgaria (%) -4.304 Sep 2025 quarterly Sep 2003 - Sep 2025
Cambodia (USD mn) -52.271 Jul 2024 monthly Jan 2007 - Jul 2024
Canada (USD mn) -3,630.909 Sep 2025 monthly May 1992 - Sep 2025
Chile (USD mn) -9,295.767 2024 yearly 1990 - 2024
China (USD mn) 68,160.112 Oct 2025 monthly Jan 1995 - Oct 2025
Colombia (USD mn) -3,536.709 Mar 2025 quarterly Mar 1995 - Mar 2025
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) -148.326 Sep 2025 monthly Jan 2014 - Sep 2025
Czech Republic (USD mn) 375.401 Jun 2025 quarterly Mar 1999 - Jun 2025
Denmark (USD mn) 4,386.136 Jun 2025 quarterly Mar 1999 - Jun 2025
Ecuador (USD mn) 111.004 Jun 2025 quarterly Mar 2000 - Jun 2025
Egypt (USD mn) -13,919.903 Oct 2025 monthly Jan 2005 - Oct 2025
Estonia (USD mn) -25.753 Jun 2025 quarterly Mar 1999 - Jun 2025
European Union (USD mn) -612,086.345 2024 yearly 1999 - 2024
Finland (USD mn) -1,195.774 Jun 2025 quarterly Mar 1999 - Jun 2025
France (USD mn) -47,111.411 Sep 2025 quarterly Mar 1957 - Sep 2025
Georgia (USD mn) -13.144 Oct 2025 monthly Jan 2006 - Oct 2025
Germany (USD mn) -46,923.274 Sep 2025 quarterly Mar 1991 - Sep 2025
Ghana (USD mn) -386.239 Jul 2025 monthly Jan 2008 - Jul 2025
Greece (USD mn) 2,257.676 Jun 2025 quarterly Mar 1999 - Jun 2025
Hong Kong SAR, China (USD mn) 5,971.882 Oct 2025 monthly Oct 1998 - Oct 2025
Hungary (USD mn) 1,345.964 Jun 2025 quarterly Mar 1999 - Jun 2025
Iceland (USD mn) -187.573 Jun 2025 quarterly Mar 2002 - Jun 2025
India (USD mn) 28,519.132 Oct 2025 monthly Apr 1997 - Oct 2025
Indonesia (USD mn) -6,517.190 Oct 2025 monthly Jan 2014 - Oct 2025
Iran (USD mn) -13,054.476 Mar 2021 quarterly Jun 2005 - Mar 2021
Ireland (USD mn) 2,280.366 Jun 2025 quarterly Mar 2000 - Jun 2025
Israel (USD mn) -4,663.811 Oct 2025 monthly Jan 1999 - Oct 2025
Italy (USD mn) -47,273.468 Mar 2025 quarterly Mar 1999 - Mar 2025
Ivory Coast (USD mn) -3,452.972 2024 yearly 1960 - 2024
Japan (USD mn) -286,722.348 2024 yearly 1995 - 2024
Jordan (USD mn) 418.759 2018 yearly 1999 - 2018
Kazakhstan (USD mn) -1,832.183 Oct 2025 monthly Nov 2007 - Oct 2025
Kenya (%) -5.907 Jun 2025 quarterly Dec 2009 - Jun 2025
South Korea (USD mn) -7,001.194 Sep 2025 monthly Jul 1999 - Sep 2025
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) 78.756 Oct 2025 monthly Jan 2007 - Oct 2025
Laos (USD mn) 375.970 2024 yearly 2010 - 2024
Latvia (USD mn) 282.710 Jun 2025 quarterly Mar 1999 - Jun 2025
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) 44.359 Jun 2025 quarterly Mar 1999 - Jun 2025
Luxembourg (%) 0.888 2024 yearly 1995 - 2024
Macau SAR, China (%) 7.448 Sep 2024 quarterly Dec 2003 - Sep 2024
North Macedonia (USD mn) -764.028 2024 yearly 2009 - 2024
Malawi (USD mn) -187.076 Sep 2025 monthly Oct 2005 - Sep 2025
Malaysia (USD mn) -27,060.208 2024 yearly 1970 - 2024
Malta (USD mn) -193.356 Jun 2025 quarterly Mar 1999 - Jun 2025
Mauritius (%) -9.315 Jun 2025 quarterly Dec 2010 - Jun 2025
Mexico (USD mn) -909.293 Oct 2025 monthly Jan 1977 - Oct 2025
Moldova (USD mn) -709.547 2024 yearly 1998 - 2024
Mongolia (USD mn) -72.316 Oct 2025 monthly Jan 2000 - Oct 2025
Montenegro (USD mn) -36.609 Oct 2025 monthly Jan 2012 - Oct 2025
Morocco (USD mn) -6,040.372 Oct 2025 monthly Jan 2000 - Oct 2025
Mozambique (USD mn) 388.757 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) -5,489.382 2021 yearly 1980 - 2021
Nepal (USD mn) -1,365.374 Jun 2025 quarterly Mar 2017 - Jun 2025
Netherlands (USD mn) -8,346.627 Dec 2024 quarterly Mar 1999 - Dec 2024
New Zealand (USD mn) 5,756.479 Sep 2025 quarterly Mar 1999 - Sep 2025
Nigeria (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
Norway (USD mn) 16,884.009 Jun 2025 quarterly Mar 2002 - Jun 2025
Oman (USD mn) -130.039 Sep 2025 monthly Jun 2003 - Sep 2025
Pakistan (USD mn) -22,771.776 2024 yearly 1991 - 2024
Palestinian Territory (USD mn) 192.600 2024 yearly 2010 - 2024
Panama (USD mn) -6,416.100 2024 yearly 2003 - 2024
Paraguay (USD mn) -25.935 Oct 2025 monthly Jan 2003 - Oct 2025
Peru (USD mn) -3,777.337 Sep 2025 quarterly Mar 1990 - Sep 2025
Philippines (USD mn) 191.324 Oct 2025 monthly Jan 1985 - Oct 2025
Poland (USD mn) -59,417.037 2024 yearly 1995 - 2024
Portugal (USD mn) 1,601.362 Jun 2025 quarterly Mar 1995 - Jun 2025
Qatar (USD mn) -393.407 Sep 2025 quarterly Mar 2011 - Sep 2025
Romania (%) -8.750 Jun 2025 quarterly Dec 2004 - Jun 2025
Russia (USD mn) -1,467.289 Sep 2025 monthly Jan 1993 - Sep 2025
Saudi Arabia (USD mn) -30,833.284 2024 yearly 1969 - 2024
Serbia (USD mn) -87.946 Sep 2025 monthly Jan 2005 - Sep 2025
Singapore (USD mn) 926.421 Oct 2025 monthly Apr 2011 - Oct 2025
Slovakia (USD mn) -1,044.431 Oct 2025 monthly Jan 2005 - Oct 2025
Slovenia (USD mn) -59.281 Oct 2025 monthly Jan 2000 - Oct 2025
South Africa (USD mn) -2,074.545 Oct 2025 monthly Jan 1990 - Oct 2025
Spain (USD mn) -31,236.481 Jun 2025 quarterly Mar 1995 - Jun 2025
Sri Lanka (%) -5.966 Jun 2025 quarterly Dec 2014 - Jun 2025
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -9,465.294 2024 yearly 1995 - 2024
Switzerland (USD mn) 5,132.176 2024 yearly 1990 - 2024

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Germany Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Sep 2025 quarterly Dec 1991 - Sep 2025
Consolidated Fiscal Balance (USD mn) -46,923.274 Sep 2025 quarterly Mar 1991 - Sep 2025
Tax Revenue (USD mn) 289,924.014 Sep 2025 quarterly Mar 1991 - Sep 2025
Tax Revenue: % of GDP (%) 22.2 Sep 2025 quarterly Mar 1991 - Sep 2025
National Government Debt (USD mn) 3,217,205.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Government Debt: % of GDP (%) 62.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Forecast: Government Expenditure (EUR bn) 2,707.148 2030 yearly 1991 - 2030
Forecast: Government Net Debt (EUR bn) 3,815.153 2030 yearly 1991 - 2030
Forecast: Government Revenue (EUR bn) 2,497.167 2030 yearly 1991 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.670 2030 yearly 1980 - 2030
Trade Balance (USD mn) 17,819.8 Sep 2025 monthly Jan 1957 - Sep 2025
Total Exports (USD mn) 153,945.2 Sep 2025 monthly Jan 1957 - Sep 2025
Total Exports Growth (%) 2.0 Sep 2025 monthly Jan 1951 - Sep 2025
Aluminum: Exports (USD th) 11,279,159.417 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 70,970,902.063 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 54,214,028.985 2024 yearly 1995 - 2024
Total Imports (USD mn) 136,125.4 Sep 2025 monthly Jan 1957 - Sep 2025
Total Imports Growth (%) 4.9 Sep 2025 monthly Jan 1951 - Sep 2025
Imports: Medicament (USD th) 36,738,204.645 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 41,845,878.903 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 15,397.511 Sep 2025 monthly Sep 1977 - Sep 2025
Total Imports from USA (USD mn) 10,165.974 Sep 2025 monthly Jul 1990 - Sep 2025
Total Exports to China (USD mn) 7,946.738 Sep 2025 monthly Jan 2000 - Sep 2025
Total Imports from China (USD mn) 17,865.279 Sep 2025 monthly Jan 2000 - Sep 2025
Exports fob (EUR mn) 125,080.953 Jan 2025 monthly Jan 1950 - Jan 2025
Imports cif (EUR mn) 112,323.771 Jan 2025 monthly Jan 1950 - Jan 2025
Exports fob: YoY (%) 0.400 Dec 2024 monthly Jan 2001 - Dec 2024
Imports cif: YoY (%) 2.500 Dec 2024 monthly Jan 2001 - Dec 2024
Imports cif: swda (EUR bn) 113.140 Jan 2025 monthly Jan 1950 - Jan 2025
Exports fob: swda (EUR bn) 129.170 Jan 2025 monthly Jan 1950 - Jan 2025
Trade Balance: swda (EUR bn) 16.030 Jan 2025 monthly Jan 1950 - Jan 2025
Imports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 14,276,678.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Machinery and Mechanical Appliances (EUR th) 19,193,096.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Mineral Fuels & Oils, Bituminous Substances (EUR th) 9,942,246.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Plastics & Articles Thereof (EUR th) 4,440,956.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Pharmaceutical Products (EUR th) 8,446,608.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Machinery and Mechanical Appliances (EUR th) 12,277,980.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 12,545,323.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 9,570,236.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 16,430,085.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Pharmaceutical Products (EUR th) 5,258,596.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Iron & Steel (EUR th) 1,720,795.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Iron & Steel (EUR th) 1,543,056.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: China (EUR th) 6,058,582.000 Dec 2024 monthly Jan 2000 - Dec 2024
Motor Vehicle Exports: Car (Unit) 281,200.000 Feb 2025 monthly Jul 2000 - Feb 2025
Exports Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells asse... (EUR th) 24,437.000 Dec 2024 monthly Jan 2022 - Dec 2024
Imports Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes (... (EUR th) 54,496.000 Dec 2024 monthly Jan 2022 - Dec 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,388.1 Sep 2025 monthly Jan 1971 - Sep 2025
Current Account Balance (USD mn) 17,362.0 Sep 2025 monthly Jan 1991 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Sep 2025 quarterly Mar 1991 - Sep 2025
Foreign Direct Investment (USD mn) 10,094.8 Sep 2025 monthly Jan 1971 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.5 Sep 2025 quarterly Mar 1991 - Sep 2025
Foreign Portfolio Investment (USD mn) 79,615.696 Sep 2025 quarterly Mar 1971 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 6.1 Sep 2025 quarterly Mar 1971 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -4,838.6 Sep 2025 quarterly Mar 1971 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 84,454.253 Sep 2025 quarterly Mar 1971 - Sep 2025
External Debt (USD mn) 7,881,499.2 Jun 2025 quarterly Jun 1999 - Jun 2025
External Debt: % of GDP (%) 147.6 2024 yearly 1999 - 2024
External Debt: Short Term (USD mn) 2,850,772.9 Jun 2025 quarterly Mar 2004 - Jun 2025
External Debt: Short Term: % of GDP (%) 52.5 2024 yearly 2004 - 2024
Total Debt: % of GDP (%) 595.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Forecast: Current Account Balance (USD bn) 244.728 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 3,903,737.077 Jun 2025 quarterly Dec 1957 - Jun 2025
Insolvency (IN): No of Proceedings (NP) (Unit) 9,071.000 Nov 2024 monthly Jan 2003 - Nov 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 2023 yearly 2005 - 2023
Household Debt: % of GDP (%) 49.0 Jun 2025 quarterly Dec 1991 - Jun 2025
Money Supply M1 (USD mn) 3,299,802.727 Oct 2025 monthly Jan 1957 - Oct 2025
Money Supply M2 (USD mn) 4,604,051.140 Oct 2025 monthly Jan 1969 - Oct 2025
M2 Growth (%) 3.3 Oct 2025 monthly Jan 1970 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Oct 2025 monthly Jan 1999 - Oct 2025
Foreign Exchange Reserves (USD mn) 36,376.1 Oct 2025 monthly Jan 1957 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 0.704 Sep 2025 quarterly Dec 1991 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 0.3 Sep 2025 monthly Jan 1957 - Sep 2025
Gold Reserves (USD mn) 433,546.899 Oct 2025 monthly Dec 1998 - Oct 2025
Total Deposits (USD mn) 7,048,966.986 Oct 2025 monthly Sep 1997 - Oct 2025
Total Deposits Growth (%) 2.2 Oct 2025 monthly Sep 1998 - Oct 2025
Domestic Credit (USD mn) 6,219,539.2 Feb 2025 monthly Jan 1999 - Feb 2025
Domestic Credit Growth (%) -1.6 Feb 2025 monthly Jan 2000 - Feb 2025
Debt Service Ratio: Households (%) 5.400 Mar 2025 quarterly Mar 1999 - Mar 2025
Debt Service Ratio: Private Non-Financial Sector (%) 12.300 Mar 2025 quarterly Mar 1999 - Mar 2025
Credit to Households (USD bn) 2,329.108 Mar 2025 quarterly Dec 1970 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 6,532.569 Mar 2025 quarterly Mar 1955 - Mar 2025
Household Debt (USD mn) 2,531,962.4 Jun 2025 quarterly Mar 1991 - Jun 2025
Total Loans (USD mn) 8,725,463.054 Sep 2025 monthly Jan 1957 - Sep 2025
Total Loans Growth (%) 0.81 Sep 2025 monthly Dec 1949 - Sep 2025
Private Debt: % of Nominal GDP (%) 73.24 Sep 2025 quarterly Dec 1991 - Sep 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.0 Nov 2025 monthly Jan 1992 - Nov 2025
Current Economic Situation Indicator: Germany: Balance (%) -88.500 Feb 2025 monthly Dec 1991 - Feb 2025
Economic Expectation Indicator: Germany (%) 26.000 Feb 2025 monthly Dec 1991 - Feb 2025
Leading Economic Index (2016=100) 87.300 Dec 2024 monthly Jan 1965 - Dec 2024

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