March 30, 2023

The debt owed by the overall public budget (Federation, Länder, municipalities and associations of municipalities, social security funds, including all extra budgets) to the non-public sector amounted to 2,367.3 billion euros at the end of 2022. Based on provisional results, the Federal Statistical Office (Destatis) reports that public debt rose by 2.0%, or 46.1 billion euros, compared with the end of 2021, thus reaching a new all-time high. Compared with the end of the third quarter of 2022, debt increased by 1.8%, or 41.9 billion euros. Per capita debt amounted to 28,155 euros. The non-public sector comprises credit institutions and the remaining domestic and non-domestic sector, for instance private businesses in Germany and abroad.


Source: DESTATIS
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