Net incurrence of liabilities, Transactions in Germany

Germany: Net incurrence of liabilities, Transactions was 131.25 billion in 2025. ◆ Volatile

Latest (2025)
131.25 billion
Change on year
up 150.9%
World rank
13th
of 33 countries
All-time high
284.86 billion
in 2010
All-time low
-52.99 billion
in 2018
Years of data
27
1999–2025

Net incurrence of liabilities, Transactions in Germany, 1999–2025

-100.0B0100.0B200.0B300.0B1999201220251999: 46.1B2000: 66.9B2001: 15.6B2002: 59.7B2003: 84.2B2004: 61.3B2005: 70.2B2006: 49.8B2007: 9.7B2008: 70.4B2009: 108.3B2010: 284.9B2011: 26.3B2012: 77.3B2013: -13.9B2014: -5.0B2015: -42.2B2016: -19.1B2017: -19.3B2018: -53.0B2019: -18.9B2020: 278.1B2021: 167.8B2022: 66.6B2023: 49.3B2024: 52.3B2025: 131.3B

Source: International Monetary Fund.

Analysis

Germany recorded 131.25 billion for net incurrence of liabilities, transactions in 2025.

That represents a change of up 150.9% on the previous year and up 411.0% over ten years.

Over the whole period, net incurrence of liabilities, transactions in Germany peaked at 284.86 billion in 2010 and was at its lowest, -52.99 billion, in 2018.

Germany ranks 13th of 33 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Net incurrence of liabilities, Transactions in Germany, year by year

Annual values for Net incurrence of liabilities, Transactions (Statement of operations, General government) in Germany, 1999 to 2025.
Year Value Change
1999 46.10 billion
2000 66.90 billion +45.1%
2001 15.55 billion -76.8%
2002 59.69 billion +283.9%
2003 84.24 billion +41.1%
2004 61.34 billion -27.2%
2005 70.22 billion +14.5%
2006 49.82 billion -29.0%
2007 9.72 billion -80.5%
2008 70.42 billion +624.5%
2009 108.26 billion +53.7%
2010 284.86 billion +163.1%
2011 26.26 billion -90.8%
2012 77.31 billion +194.4%
2013 -13.87 billion -117.9%
2014 -5.00 billion -63.9%
2015 -42.21 billion +744.0%
2016 -19.08 billion -54.8%
2017 -19.34 billion +1.4%
2018 -52.99 billion +174.0%
2019 -18.86 billion -64.4%
2020 278.09 billion -1574.6%
2021 167.75 billion -39.7%
2022 66.57 billion -60.3%
2023 49.33 billion -25.9%
2024 52.31 billion +6.1%
2025 131.25 billion +150.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 46.10 billion 46.10 billion 46.10 billion 1
2000s 59.62 billion 9.72 billion 108.26 billion 10
2010s 21.71 billion -52.99 billion 284.86 billion 10
2020s 124.22 billion 49.33 billion 278.09 billion 6

Countries ranked near Germany

  1. 10 Canada 238.75 billion compare
  2. 11 Romania 186.01 billion compare
  3. 12 France 146.84 billion compare
  4. 14 Sweden 115.27 billion compare
  5. 15 Italy 96.68 billion compare
  6. 16 Spain 67.71 billion compare

See the full ranking of 33 places →

More external debt data for Germany

All data for Germany →

Frequently asked questions

What is net incurrence of liabilities, transactions in Germany?
Net incurrence of liabilities, transactions in Germany was 131.25 billion in 2025, according to International Monetary Fund.
What is the highest net incurrence of liabilities, transactions recorded in Germany?
The highest recorded value was 284.86 billion in 2010.
What is the lowest net incurrence of liabilities, transactions recorded in Germany?
The lowest recorded value was -52.99 billion in 2018.
How does Germany rank for net incurrence of liabilities, transactions?
Germany ranks 13th out of 33 countries with data for 2025.
Is net incurrence of liabilities, transactions rising or falling in Germany?
Over the last ten years it is up 411.0%. The long-run trend across the full record is volatile.
Where does this Germany data come from?
The figures come from International Monetary Fund, published as part of Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net incurrence of liabilities, Transactions in Germany. Statizoid, drawing on International Monetary Fund. Retrieved 28 August 2026, from https://debt.statizoid.com/stat/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/germany/

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About this data

Indicator
Net incurrence of liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.