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Press Release

Press release No. 359 of 25 August 2022 General government deficit down to 13.0 billion euros in the first half of 2022

...Central government records financial deficit of 42.8 billion euros The main reason for the financial deficit of general government in the first half of 2022 was the financial deficit of central government (42.8 billion euros), even though the latter was lower than in the first half of 2021 (60.7 billion euros). The financial balances (net lending/net borrowing) of state government (16.6 billion euros), local government (5.7 billion euros) and social security funds (7.4 billion euros) were positive in the first six months of 2022. Strong increase in tax revenue on 2021 On the revenue side, tax revenue in the first half of 2022 was by 11.6% higher year on year, thus clearly exceeding the level recorded before the Covid-19 crisis in the first half of 2019. ...

Press Release

Press release No. 399 of 24 August 2021 General government financial deficit of 80.9 billion euros in the first six months of 2021

...Social security funds showed a deficit of 10.2 billion euros, while state government (3.1 billion euros) and municipalities (0.6 billion euros) recorded comparatively low deficits. Base effect: year-on-year increase in tax revenue and social contributions Tax revenue, which accounts for about half of total government revenue, increased by 4.3% in the first six months of 2021, after falling 6.1% in the first half of 2020. ...

Press Release

Press release No. 075 of 25 February 2022 General government deficit remains high: 132.5 billion euros in 2021

...Strong increase in tax revenue on 2020 Tax revenue in 2021 rose considerably (+12.9%) year on year. The recovery was mainly due to higher revenue from corporation tax. Large increases were recorded especially for corporation and trade tax revenue (+71.4%, +24.4%). ...

Press Release

Press release No. 493 of 25 November 2022 Gross domestic product: detailed economic performance results for the 3rd quarter of 2022

...Total gross wages and salaries rose 5.0% on a year earlier as the number of employees was up, too. The increase of net wages and salaries (+5.2%) was slightly larger than that of gross wages and salaries, one of the reasons being the downward effect of the Tax Relief Act 2022. The savings ratio (9.6%) was below the previous year’s value (10.4%) also in the third quarter of 2022. ...

Press Release

Press release No. 020 of 14 January 2022 Gross domestic product up 2.7% in 2021

...The number of marginally employed people and self-employed continued to fall, while more persons in employment were subject to social insurance contributions. Covid-19 pandemic led to high financial deficit (net borrowing) of general government again General government budgets recorded a financial deficit (net borrowing) of 153.9 billion euros at the end of 2021, according to provisional calculations. ...

Press Release

Press release No. 215 of 25 May 2022 Gross domestic product: detailed results on the economic performance in the 1st quarter of 2022

...This is especially due to the massive decrease in short-time work on the first quarter of 2021 and to high extra payments, in particular Covid-19 bonuses. The increase in net average wages and salaries of employees was slightly smaller (+5.0%) because social security contributions and wage tax rose more rapidly than gross wages and salaries. The disposable income of households was by 4.0% higher in the first quarter of 2022 than a year earlier. ...

Publication

Date: February 15, 2022 National accounts: Particularities of general government aggregates during the coronavirus pandemic

General government has played a key role at various levels in Germany during the coronavirus pandemic. For that reason, the development of general government aggregates in national accounts has been influenced by several special effects resulting …

Press Release

Press release No. 082 of 24 February 2021 Negative government finance in 2020: deficit of 139.6 billion euros

...Due to low final consumption expenditure of households and the temporary reduction of value-added tax rates as of 1 July 2020, revenue from taxes on products, too, were down (-6.9%). Only revenue from social contributions went slightly up (+1.7%). More information: The European statistical office Eurostat provides data on European government finance on its website. ...

Publication

Date: April 6, 2022 ESA 2010 methods and sources for the German GNI and its components - Edition 2021 (nur in englischer Version verfügbar)

The present document contains the detailed description of the methods and sources used for the compilation of the gross domestic product and the gross national income of the Federal Republic of Germany in compliance with the European System of …

Press Release

Press release No. 324 of 25 August 2020 General government financial deficit of 51.6 billion euros in the first six months of 2020

...Methodological notes Corona emergency aid in the form of loans, participating interests or guarantees generally has no immediate effect on net lending/net borrowing of general government as defined by ESA 2010. Tax deferrals neither have an impact on net lending/net borrowing in the national accounts. The latter present the economic values created in a given period rather than the payment flows during that period. ...

Press Release

Press release No. 532 of 25 November 2021 Gross domestic product: detailed results on the economic performance in the 3rd quarter of 2021

...The difference from the price adjusted GDP can be explained mainly by large price increases, part of which are due to the lower value added tax rate in the third quarter of 2020. Net national income at factor cost rose by 6.8%. According to first provisional calculations, the compensation of employees was up by 4.4% year on year, while property and entrepreneurial income rose sharply by 12.8%. ...

Press Release

Press release No. 057 of 25 February 2020 General government recorded surplus of 49.8 billion euros in 2019

...State government achieved a surplus of 13.6 billion euros, social security funds of 9.9 billion euros and local government of 6.2 billion euros. Good labour market situation led to marked increase in social contributions and wage tax On the revenue side, especially social contributions rose above average by 4.4% to 597.8 billion euros. The continuing high employment was a major factor contributing to this development and to the further increase in wage tax payments (+4.1%). ...

Press Release

Press release No. 322 of 27 August 2019 General government recorded surplus of 45.3 billion euros in the first six months of 2019

...The most important source of government income is taxes, which amounted to 415.4 billion euros, thus accounting for a good half of total revenue. The increase in tax revenue (+2.8%) was rather moderate in the first six months of 2019. However, the dynamic development of social contributions (+4.4%) continued as a result of the positive employment trends. ...

Press Release

Press release No. 065 of 22 February 2019 2018: general government achieved record surplus of 58 billion euros

...State government recorded a financial surplus of 11.1 billion euros in 2018. On the revenue side, large increases were recorded especially for income and net worth tax payments (+5.7%) and the continuing good employment trend led to a sharp increase in social contributions (+4.3%). Government revenue from interest and dividends received grew considerably (+16.1%). ...

Press Release

Press release No. 059 of 23 February 2018 General government records surplus of almost 37 billion euros in 2017

...Local government, too, continued the budget consolidation, achieving a surplus of 8.8 billion euros in 2017. Central government achieved net lending of 1.1 billion euros in 2017, which was markedly less than in the previous year. The comparatively small central government surplus is mainly due to the consequences of the Federal Constitutional Court ruling which established the unlawfulness of the nuclear fuel tax. ...

Press Release

Press release No. 317 of 24 August 2018 General government recorded surplus of 48.1 billion euros in the first six months of 2018

...The most important source of government income is taxes, which amounted to 403.5 billion euros, thus accounting for a good half of total revenue. The increase in tax revenue (+5.2%) continued to be high in the first half of 2018, with the rise in current taxes on income, wealth, etc. (+7.2%) being far larger than the increase in taxes on production and imports (+2.7%). ...

Press Release

Press release No. 295 of 25 August 2017 1st half of 2017: general government records surplus of 18.3 billion euros

...Higher VAT receipts, which rose by 4.6 billion euros (+4.3%) to stand at 111.8 billion euros, were the main reason for the rise in taxes on production and imports. Also, social contributions paid to general government were markedly up by 4.7% to 265.4 billion euros. A decline was however observed in government revenue from interest and dividends received (–19.5%), one of the reasons being that the Bundesbank profit recorded in national accounts was markedly down. ...

Publication

Date: November 4, 2021 YOUR BENEFIT. OUR MISSION. - Edition 2020

Our mission is to provide and disseminate statistical information.This information must be objective, independent and of high quality. It is available to all: politicians, administration, business and industry, science and citizens. The Federal …

Press Release

Press release No. 081 of 24 February 2021 CORRECTION: Gross domestic product: detailed results on the economic performance in the 4th quarter of 2020

...Total gross value added was down 3.6%, which was roughly one percentage point more than the GDP decrease. This is due to the strong increase in net taxes on products of 5.3%. Number of persons in employment still markedly below pre-crisis level The coronavirus crisis continues to have a considerable effect on the labour market. The economic performance in the fourth quarter of 2020 was achieved by roughly 44.8 million persons in employment whose place of employment was in Germany. ...

Press Release

Press release No. 063 of 23 February 2017 General government records surplus of nearly 24 billion euros in 2016

...State government, too, continued the budget consolidation, achieving a surplus of 4.7 billion euros in 2016. Local government achieved net lending of 3.1 billion euros in 2016, which was slightly less than in the previous year.  Major factors on the revenue side were a large increase in income tax and property tax payments (+6.5%) and the good employment situation, leading to a considerable growth in social contributions (+4.6%). ...