Press Public financial assets up 4.3% in 2019 year on year

Press release No. 370 of 24 September 2020

WIESBADEN – The financial assets of the overall public budget (Federation, Länder, municipalities/associations of municipalities and social security funds including all extra budgets) in the non-public sector (credit institutions and the remaining domestic and non-domestic sector, for instance private businesses in the domestic territory and abroad) amounted to 964.4 billion euros at the end of 2019. The Federal Statistical Office (Destatis) also reports that the financial assets increased by 4.3%, or 39.9 billion euros, compared with the revised results as at the end of 2018. Financial assets comprise currency, deposits, securities, lending, shares and other equity in units outside the general government sector, and other accounts receivable.

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