Press Public debt rose to 2.34 trillion euros in the 1st half of 2022

Debt of the overall public budget 1.0% higher than at the end of 2021

Press release No. 411 of 28 September 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 2,344.0 billion euros at the end of the first half of 2022. The Federal Statistical Office (Destatis) reports that public debt rose by 1.0%, or 22.9 billion euros, compared with the end of 2021, thus reaching a new all-time high. Compared with the end of the first quarter of 2022, debt increased by 1.1%, or 25.0 billion euros. 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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