Press Public debt down 1.0% in 2015

Press release No. 267 of 1 August 2016

WIESBADEN – The debt owed by the overall public budget (Federation, Länder, municipalities/associations of municipalities and social security funds, including all extra budgets) to the non-public sector amounted to 2,022.6 billion euros at the end of 2015. Based on final results, the Federal Statistical Office (Destatis) reports that debt decreased by 1.0% (21.4 billion euros) compared with the revised results as at 31 December 2014. The non-public sector comprises credit institutions and the remaining domestic (for instance private businesses) and non-domestic sector. Due to European requirements, the debt of all holding corporations of the general government sector has been included in the debt figures as from 2015.

More on this topic