• Germany’s Public Deficit Reaches €107.6 Billion in First Three Quarters of 2025
WIESBADEN, Germany – Germany’s public budget recorded a financing deficit of €107.6 billion in the first three quarters of 2025, nearly unchanged from the prior year, the Federal Statistical Office reported on January 8.
What is new?
In the first nine months of 2025, Germany’s overall public budget registered revenues of €1,490.5 billion against expenditures of €1,598.0 billion. This resulted in a financing deficit of €107.6 billion. The deficit figure remained almost level with the same period in 2024, with a marginal decrease of just €67 million.
Key Details
According to the quarterly cash statistics, public revenues saw a 6.0% year-over-year increase, while expenditures grew by 5.6%. All levels of the public budget—including federal, state, municipal, and social security—recorded a deficit for the period. The report noted that while long-term tax revenues have been rising, the growth in spending has slightly weakened.
Budgetary Pressures
The federal government continued to carry the largest share of the overall deficit, a pattern consistent since 2020. Notably, the financing gap for Germany’s municipalities has continued to expand, reaching what the statistical office described as a record high.
About Destatis
The Federal Statistical Office of Germany, known as Destatis, is the country’s primary provider of official statistics. Headquartered in Wiesbaden, the agency is responsible for collecting, processing, and disseminating statistical information on Germany’s economy, society, and environment to support the public, policymakers, and researchers.
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