Public debt: Public debt reaches next record level:
Federal, state and local government debt rose to 2.5 trillion euros for the first time in 2024 - an increase ...
handelsblatt.com/politik/deutschland/staatsschulden-oeffentliche-schulden-erreichen-naechsten-rekordwert/100144827.html
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Public Debt Hits Record High in 2024Total debt of federal, state, and local governments reached 2.51 trillion euros in 2024, with municipalities showing the largest increase.
Key FactsJul 29, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
Summary created with AI assistance · Source: handelsblatt.com
- Public debt rose to 2.51 trillion euros in 2024, equating to 30,062 euros per capita.
- Debt increased by 2.6 percent from 2023, with the biggest rise of 10.3 percent among municipalities and municipal associations.
- North Rhine-Westphalia’s local governments had the highest per capita debt, while Brandenburg, Thuringia, and Saxony recorded the lowest.
- Federal debt grew by 2.1 percent to 1.73 trillion euros, whereas social insurance debt fell sharply.
The per capita debt was, as in the previous year, highest in the municipalities of North Rhine-Westphalia.— A spokesperson from the Federal Office stated this in the context of the current debt situation.
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total financial liabilities of a government sector, accumulated through borrowing to cover past deficits when expenditures exceed revenues; may be owed to domestic or foreign creditors and forms part
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