Press Public financial assets exceeded 1.0 trillion euros for the first time in 2020

Funds not spent from loans taken up by the Federation during the coronavirus crisis lead to all-time high

Press release No. 436 of 16 September 2021

WIESBADEN – The financial assets of the overall public budget (Federation, Länder, municipalities and associations of municipalities, social security funds, including all extra budgets) in the non-public sector amounted to 1,029.3 billion euros at the end of 2020. The Federal Statistical Office (Destatis) reports that the financial assets increased by 5.7%, or 55.1 billion euros, compared with the revised results as at the end of 2019. The increase to a value of over 1.0 trillion euros is especially due to funds not spent from loans taken up by the Federation during the coronavirus crisis. The non-public sector comprises credit institutions and the remaining domestic and non-domestic sector, for instance private businesses in Germany and abroad.

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