Where does this data come from?

It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code DE.GOVBAL.Q.SA.MEASURE-PCTGDP.

Germany General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)

Name: Germany General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)
Creator: Eurostat (Statistical Office of the European Union)

QuarterlySeasonally adjustedCode DE.GOVBAL.Q.SA.MEASURE-PCTGDP

Latest−4.1%Q2 2026

Previous−3.8%Q1 2026

Year ago−2.4%Q2 2025

Germany General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) was −4.1% in Q2 2026, down 0.3 percentage points from Q1 2026 and down 1.7 percentage points from a year earlier.

Over the past ten years it has ranged from −8.1% (Q2 2020) to 2.6% (Q2 2018), averaging −1.4%.

Germany General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) (% of GDP), Q1 2002 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

Period	Value
Q2 2026	−4.1%
Q1 2026	−3.8%
Q4 2025	−4.2%
Q3 2025	−3.0%
Q2 2025	−2.4%
Q1 2025	−2.1%
Q4 2024	−2.1%
Q3 2024	−2.8%
Q2 2024	−2.9%
Q1 2024	−3.1%
Q4 2023	−2.4%
Q3 2023	−2.2%
Q2 2023	−2.1%
Q1 2023	−2.2%
Q4 2022	−3.9%
Q3 2022	−2.5%
Q2 2022	−0.7%
Q1 2022	−0.2%
Q4 2021	−1.5%
Q3 2021	−2.1%
Q2 2021	−4.9%
Q1 2021	−4.3%
Q4 2020	−4.3%
Q3 2020	−5.6%

Last 24 observations. The full history (98 observations) is available through the API.

Get Germany General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/DE.GOVBAL.Q.SA.MEASURE-PCTGDP"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/DE.GOVBAL.Q.SA.MEASURE-PCTGDP",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]

Get a free API key → · API docs

About this series

Latest observation	Q2 2026
First observation	Q1 2002
Observations	98
Frequency	Quarterly
Units	% of GDP
Adjustment	Seasonally adjusted
10-year high	2.6% (Q2 2018)
10-year low	−8.1% (Q2 2020)
10-year average	−1.4%
Source agency	Eurostat (Statistical Office of the European Union)
Makrognosis code	DE.GOVBAL.Q.SA.MEASURE-PCTGDP

More Germany GOVBAL series

Germany General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)

Other Germany indicators

Germany GDP (Gross Domestic Product)Germany Gross domestic product, Current prices, million EUR Germany Inflation Rate (CPI)Germany Core Inflation Rate Germany Unemployment Rate Germany 10-Year Government Bond Yield Germany Credit Rating & Sovereign Risk Score Germany Industrial Production Germany Retail Sales Germany Producer Price Inflation (PPI)Germany Current account balance (BPM6, vs rest of world), not seasonally adjusted Germany Current account balance, % of GDP Germany Trade Balance: Goods & Services Germany Exports of goods and services, Current prices, million EUR Germany Exports of goods and services, chain-linked volume Germany Exports of goods, total (World), calendar+seasonally adjusted

FAQ

What is the current general government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) in Germany?: The latest reading is −4.1% for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?: It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code DE.GOVBAL.Q.SA.MEASURE-PCTGDP.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Germany — General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)”.