Press Year-on-year decline of 2.1% in public debt at the end of the 4th quarter of 2017

Press release No. 112 of 27 March 2018

WIESBADEN – The debt owed by the overall public budget (Federation, Länder, municipalities/associations of municipalities and social security funds, including all extra budgets) to the non-public sector amounted to 1,965.5 billion euros at the end of the fourth quarter of 2017. The non-public sector comprises credit institutions, the remaining domestic sector (for instance private businesses) and the remaining non-domestic sector. Based on provisional results, the Federal Statistical Office (Destatis) also reports that this was a decrease in debt of 2.1%, or 41.3 billion euros, compared with the end of the fourth quarter of 2016. A reduction in debt was achieved by all individual levels. Compared with the third quarter of 2017, public debt was down by 0.4% or 7.2 billion euros.

Basic data and long time series are available in table Debts owed to the non-public sector in the GENESIS-Online database.

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