Germany: Budget balance forecast
* indicates monthly or quarterly data series
| Germany |
Budget balance forecast, percent of GDP |
|---|---|
| Latest value | -0.55 |
| Year | 2028 |
| Measure | percent |
| Data availability | 1991 - 2028 |
| Average | -1.58 |
| Min - Max | -5.05 - 1.63 |
| Source | International Monetary Fund |
For that indicator, we provide data for Germany from 1991 to 2028. The average value for Germany during that period was -1.58 percent with a minimum of -5.05 percent in 1991 and a maximum of 1.63 percent in 2018.
The latest value from 2028 is -0.55 percent. For comparison, the world average in 2028 based on 80
countries is -1.96 percent.
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Definition: The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle. The series includes actual historical values for past years and forecast values for the current and the next few years.