The public sector budget of Germany is divided among the administrative divisions of the country.
The Federal Statistical Office of Germany breaks down the 2023 general government budget into the following categories:[1][2][3]
| Item | Central Government | Social Security | Regional and local Government | EU shares |
|---|---|---|---|---|
| Revenues (billion €) |
526.2 | 820.7 | 887.3 | 34.2 |
| Expenditures (billion €) |
613.9 | 818.0 | 894.3 | 34.2 |
| Balance (billion €) |
-87.6 | 2.7 | -7.0 | 0.0 |
The International Monetary Fund reports Germany's government revenue and expenditure amounted to 47.0% and 49.5% of GDP in 2022.[4]
In terms of accounting period, the national government's fiscal year aligns with the calendar year (1 January to 31 December).
Since 2009, Germany has a balanced budget amendment in its Constitution, which restricts annual structural deficits to 0.35% of GDP.[5][6][7]