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Germany Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-2.52% +0.14% (+5.3%)
Year 2025 Rank #80 Global Peak 1.88% (2018) Source IMF WEO

Germany Budget Deficit (1991–2025)

Overview

Germany's budget deficit stood at -2.52% in 2025, a rise of +0.14% from 2024. The IMF projects -2.52% by 2025. Germany ranked 80th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -4.05% - -
2029* IMF -4.05% - -
2028* IMF -4.05% - -
2027* IMF -4.03% - -
2026* IMF -3.37% - -
2025* IMF -2.52% - -
2025 -2.52% +0.14% #80
2024 -2.66% −0.17% #95
2023 -2.49% −0.59% #101
2022 -1.91% +1.26% #113
2021 -3.17% +1.21% #107
2020 -4.38% −5.71% #127
2019 1.33% −0.56% #159
2018 1.88% +0.55% #162
2017 1.34% +0.20% #166
2016 1.13% +0.22% #169
2015 0.92% +0.18% #174
2014 0.73% +0.61% #156
2013 0.12% +0.18% #155
2012 -0.05% +0.79% #143
2011 -0.84% +3.58% #129
Show all years (1991-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.2% GDP growth 3.9% C/A balance 6.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Germany matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Germany's budget deficit?

Germany's budget deficit was -2.52% in 2025. Ranked 80th globally. This represents a 5.3% increase from the previous year.

What was the highest budget deficit in Germany?

Germany's budget deficit peaked at 1.88% in 2018.

What was the lowest budget deficit in Germany?

The lowest budget deficit in Germany was -9.44% in 1995.

How does Germany rank in budget deficit?

Germany ranks 80th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Germany in 2025?

Germany's budget deficit is projected to reach -2.52% by 2025 based on IMF projection.

What is the budget deficit of Germany in 2025?

The budget deficit of Germany in 2025 was -2.52%. This ranks 80th in the world.

Cite this page

APA
Germany Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/germany/budget-deficit
BibTeX
@misc{historysaid_germany_budget-deficit, title = {Germany Budget Deficit}, url = {https://historysaid.com/germany/budget-deficit}, publisher = {HistorySaid}, year = {2026} }