
Germany: Fiscal balance, percent of GDP
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Germany |
Fiscal balance, percent of GDP |
---|---|
Latest value | -2.62 |
Year | 2022 |
Measure | percent |
Data availability | 1991 - 2022 |
Average | -1.99 |
Min - Max | -9.43 - 1.95 |
Source | Federal Statistical Office of Germany |
For that indicator, we provide data for Germany from 1991 to 2022. The average value for Germany during that period was -1.99 percent with a minimum of -9.43 percent in 1995 and a maximum of 1.95 percent in 2018.
The latest value from 2022 is -2.62 percent. For comparison, the world average in 2022 based on 142
countries is -2.58 percent.
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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.