Makrognosis

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

QuarterlySeasonally adjustedCode DE.GOVBAL.Q.SA

Latest−47,744 € millionQ2 2026
Previous−43,688 € millionQ1 2026
Year ago−26,564 € millionQ2 2025

Germany General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) was −47,744 € million in Q2 2026, down 4,056.0 from Q1 2026 and down 21,180 from a year earlier.

That is the lowest reading since Q3 2020.

Over the past ten years it has ranged from −66,029 € million (Q2 2020) to 22,652 € million (Q2 2018), averaging −14,529 € million.

Germany General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) (€ million), Q1 2002 – Q2 2026−80k−60k−40k−20k0k20k20052010201520202025Robomacro
Germany General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) (€ million), 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

PeriodValue
Q2 2026−47,744 € million
Q1 2026−43,688 € million
Q4 2025−47,697 € million
Q3 2025−34,531 € million
Q2 2025−26,564 € million
Q1 2025−23,313 € million
Q4 2024−23,495 € million
Q3 2024−31,093 € million
Q2 2024−31,277 € million
Q1 2024−33,280 € million
Q4 2023−25,585 € million
Q3 2023−23,824 € million
Q2 2023−22,246 € million
Q1 2023−23,331 € million
Q4 2022−39,779 € million
Q3 2022−25,626 € million
Q2 2022−7,314.0 € million
Q1 2022−1,578.0 € million
Q4 2021−14,297 € million
Q3 2021−19,964 € million
Q2 2021−45,232 € million
Q1 2021−38,126 € million
Q4 2020−37,935 € million
Q3 2020−49,087 € million

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

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

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

About this series

Latest observationQ2 2026
First observationQ1 2002
Observations98
FrequencyQuarterly
Units€ million
AdjustmentSeasonally adjusted
10-year high22,652 € million (Q2 2018)
10-year low−66,029 € million (Q2 2020)
10-year average−14,529 € million
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeDE.GOVBAL.Q.SA

More Germany GOVBAL series

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

Other Germany indicators

Germany GDP (Gross Domestic Product)Germany Gross domestic product, Current prices, million EURGermany Inflation Rate (CPI)Germany Core Inflation RateGermany Unemployment RateGermany 10-Year Government Bond YieldGermany Credit Rating & Sovereign Risk ScoreGermany Industrial ProductionGermany Retail SalesGermany Producer Price Inflation (PPI)Germany Current account balance (BPM6, vs rest of world), not seasonally adjustedGermany Current account balance, % of GDPGermany Trade Balance: Goods & ServicesGermany Exports of goods and services, Current prices, million EURGermany Exports of goods and services, chain-linked volumeGermany Exports of goods, total (World), calendar+seasonally adjusted

FAQ

What is the current general government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) in Germany?
The latest reading is −47,744 € million 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.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Germany — General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)”.