Press release No. 496 of 19 December 2019
WIESBADEN – The debt owed by the overall public budget (Federation, Länder, municipalities/associations of municipalities and social security funds including all extra budgets) to the non-public sector (credit institutions and the remaining domestic and non-domestic sector, for instance private businesses in the domestic territory and abroad) amounted to 1,930.4 billion euros at the end of the third quarter of 2019. Based on provisional results, the Federal Statistical Office (Destatis) also reports that debt increased by 0.7%, or 13.7 billion euros, compared with the annual results for 2018. It rose by 0.6% (11.2 billion euros) on the second quarter of 2019 and by 0.1% (1.7 billion euros) on the third quarter of 2018.
