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Germany's per capita debt achieved 28,943 euros-an increase of 778 euros compared to the previous year
The overall public budget in Germany was in debt at the end of 2023 with 2.45 trillion euros, which corresponds to a per capita debt of 28,943 euros. This is an increase of 778 euros compared to the previous year. The debt increased especially with the federal government and the municipalities, while the countries were able to reduce debts. The debts of the municipalities in North Rhine-Westphalia are highest, while Bavaria and Saxony have the lowest debt. Further information and data on the development of debt are available.
Germany's per capita debt achieved 28,943 euros-an increase of 778 euros compared to the previous year
New record: Per head debt in Germany reached a maximum of
in 2023Per capacity debt in Germany achieved a new record of 28,943 euros per inhabitant in 2023. The Federal Statistical Office (Destatis) published final results that show that public debt has increased by 3.3 % or 77.1 billion euros compared to the previous year.
An increase in the federal government, municipalities and social security
The increase in debt in 2023 is primarily due to the growth of debt at the federal government, the municipalities and social security. The countries, on the other hand, were able to reduce their debts. The federal debt level increased by more than 75 billion euros, especially due to the growth of debt in the "Energy Stabilization Fund" and in the "special fund of the Bundeswehr". The debt of the federal states, on the other hand, fell by almost 13 billion euros. The municipal debt rose by around 14 billion euros.
Strain for the population
The increasing debt has a direct impact on the population. Each inhabitant in Germany is on average at 28,943 euros. Per-head debt in the city-states of Bremen, Hamburg and Berlin, where it is over 30,000 euros, is particularly high. The municipalities in North Rhine-Westphalia also have to deal with per capita debt of 3 132 euros.
The increasing debt is worrying because it can have long -term effects on the economy and quality of life of people. It is important that public budgets are reduced and find a sustainable way of financing.
Inclusion of public transport companies
An important aspect when considering the debt is the inclusion of the debt of public transport companies. From 2023, all publicly determined public transport companies will be recorded as extra-olds in debt statistics. This contributes to increasing the debt. Without the debt of public transport companies, the debt would be 9.8 billion euros lower and the per capita debt would be 28,827 euros.
The increasing debt in Germany is an alarming signal for the economic stability of the country. It is of great importance that the government takes measures to control the debt and to minimize the negative effects on the population.