Press Public debt up 14.4% in 2020 compared with the previous year

Debt owed by the overall public budget totalled 2,171.8 billion euros at the end of 2020; public debt down 1.0% compared with the end of the 3rd quarter of 2020

Press release No. 145 of 25 March 2021

WIESBADEN – The debt owed by the overall public budget (Federation, Länder, municipalities and associations of municipalities as well as social security funds including all extra budgets) to 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 2,171.8 billion euros at the end of 2020. This represents a per capita debt of 26,128 euros (2019: 22,857 euros).

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