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German state debt reaches a record level

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In calculating for every resident of the country, this is the first time more than 30 thousand euros – especially 30,062 euros.

German state debt in 2024 reached a record of more than 30 thousand euros per capita. Tagesschau reported this on Tuesday, July 29.

Last year, Germany’s total public debt reached 2510.5 billion euros (more than 2.5 trillion euros). The figure considers the debts of federal and local levels, as well as social insurance funds to banks and private companies.

Calculating for every resident of the country, this is the first time more than 30 thousand euros – especially 30,062, 669 euros beyond the end of 2023.

The federal government debt by the end of 2024 reached 1,732.7 billion euros – 2.1% more than last year. The debts of federal lands also increased by 2.1%, up to 607.3 billion euros.

Debt growth has become the fastest in municipal cities and associations – they rise by 10.3%, up to 170.5 billion euros.

At the same time, total debts in the field of Social Security have been reduced by almost 74% and make up only 10 million euros.

Keep in mind that the cost of Ukraine’s public debt in late June reached $ 184.84 billion, rising $ 3.88 billion a month.

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Source: korrespondent

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