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Germany Debt to GDP Ratio

Germany's debt to GDP ratio fell to 62.2% in 2024. This is the lowest level since 2019, when the ratio was 62.3%. Germany's record low debt to GDP ratio was 54.9% in 1995 and the record high was 82% in 2010.

Yearly Historical Data (1995-2024)

(in %)
Year Debt to GDP Ratio
2024 62.2%
2023 62.3%
2022 65%
2021 68.1%
2020 68.1%
2019 58.7%
2018 60.8%
2017 64%
2016 68.3%
2015 71.2%
2014 74.5%
2013 78.3%
2012 80.7%
2011 79.4%
2010 82%
2009 73.2%
2008 65.7%
2007 64.2%
2006 66.9%
2005 67.5%
2004 65.2%
2003 63.5%
2002 59.9%
2001 58.2%
2000 59.3%
1999 60.4%
1998 59.5%
1997 58.9%
1996 57.8%
1995 54.9%
Germany Debt to GDP Ratio : Definition
Germany's government debt to GDP shows its total government debt relative to its gross domestic product. It is calculated by dividing total government debt by GDP. A higher ratio suggests a greater debt burden for the economy.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 5.8% 5.5% Dec'24
Private Credit (% GDP) 77.88% 81.81% 2023