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

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.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `DE.GOVBAL.Q.SA`
- Frequency: quarterly
- Units: € million
- Coverage: 2002-01-01 to 2026-04-01 (98 observations)
- Page: https://makrognosis.robomacro.com/data/germany/general-government-net-lending-net-borrowing-quarterly-seasonally-and

## Recent data

| Period | Value |
|---|---:|
| 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 |

## API

```
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"]
```