National accounts, domestic product European Union (EU) Stability Pact

Data relating to the EU excessive deficit procedure for Germany in billion Euro
Data for the excessive deficit procedure¹	2020	2021	2022	2023
1: April 2024 EDP notification. 2: Consolidated nominal gross debt at the end of the year. Source: Deutsche Bundesbank.
Net borrowing (-) / net lending (+)
General government (Sector 13)	-147.70	-129.74	-96.91	-101.57
Central government (Subsector 1311)	-87.13	-144.17	-124.27	-93.19
State government (Subsector 1312)	-32.65	5.62	14.42	-6.36
Local government (Subsector 1313)	6.91	6.20	4.67	-12.06
Social security funds (Subsector 1314)	-34.83	2.61	8.28	10.03
Deficit ratio (Net borrowing/net lending in % of GDP)	-4.3	-3.6	-2.5	-2.5
General government gross debt² (Sector 13)	2,340.85	2,495.54	2,561.67	2,622.67
Debt ratio (in % of GDP)	68.8	69.0	66.1	63.6
memorandum items:
Gross fixed capital formation of general government	91.27	92.92	100.77	109.80
Interest (consolidated) of general government	21.73	21.07	26.51	36.11
Gross domestic product (GDP) at current market prices	3,403.73	3,617.45	3,876.81	4,121.16

As at 22 April 2024

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