Germany: Fiscal balance, percent of GDP

For that indicator, we provide data for Germany from 1991 to 2021. The average value for Germany during that period was -1.97 percent with a minimum of -9.43 percent in 1995 and a maximum of 1.91 percent in 2018. The latest value from 2021 is -3.71 percent. For comparison, the world average in 2021 based on 128 countries is -4.41 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.