Press Public debt decreased by 992 million euros in the 1st quarter of 2022

Debt of the Federation and the Länder down on the previous quarter, debt of municipalities up

Press release No. 271 of 29 June 2022

WIESBADEN – The debt owed by the overall public budget (Federation, Länder, municipalities and associations of municipalities, social security funds including all extra budgets) to the non-public sector amounted to 2,318.9 billion euros in the first quarter of 2022. The non-public sector comprises credit institutions and the remaining domestic and non-domestic sector, for instance private businesses in Germany and abroad. Compared with the end of 2021, public debt was down by 992 million euros. The main reason regarding mainly the Federation but also some Länder is that the debt of extra budgets decreased. Compared with the first quarter of 2021, debt was up by 5.1% (113.4 billion euros) in the first quarter of 2022.

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