Press Public financial deficit of 127.3 billion euros in 2022

Deficit in 2022 exclusively attributable to the Federation

Press release No. 135 of 5 April 2023

WIESBADEN – The expenditure of the overall public budget rose by 6.4% to 1,875.4 billion euros in 2022 compared with the previous year. Revenue increased somewhat more than expenditure over the same period, by 7.3% to 1,748.3 billion euros. This was a cash deficit - as defined in public finance statistics - of 127.3 billion euros, according to the Federal Statistical Office (Destatis). This represented a decrease of roughly 6 billion euros from 2021 and of approximately 62 billion euros from 2020. The last financial surplus (45.2 billion euros) was recorded in the pre-crisis year of 2019.

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