Net public debt as a share of GDP reached 41.1 % in 2019 in Germany, according to the National Statistical Office. This is 3.74 % less than in the previous year.
Historically, net public debt as a share of GDP in Germany reached an all time high of 62.2 % in 2010 and an all time low of 41.1 % in 2019. When compared to Germany's main peers, net public debt as a share of GDP in Austria amounted to 47.8 %, 85.8 % in Belgium, 89.4 % in France and 39.5 % in Poland in 2019.
Germany has been ranked 43rd within the group of 86 countries we follow in terms of net public debt as a share of GDP, 29 places behind the position seen 10 years ago.
Public or government debt is the debt owed by state institutions (or central government).