Germany's public debt rose to 2,510.5 billion euros in 2024, reflecting fiscal pressures and economic recession.

Germany's public debt hit a record high of €2,510.5 billion, with debt per capita at €30,062, marking a 2.6% increase on the previous year. This increase is the result of fiscal pressures and the 2024 recession, affecting various economic sectors, including the automotive industry. Debt increased at all levels of government, with a significant increase of 10.3% at municipalities. The German government is working on a budget for 2026, forecasting a deficit of €172 billion.