Germany's public debt up 5.1% in first 9 months of 2021

Germany's public debt up 5.1% in first 9 months of 2021

Debt of overall public budget rises $126B to $2.58T

By Ovunc Kutlu

ANKARA (AA) - Germany's public debt increased 5.1% in the first nine months of 2021, according to Federal Statistical Office (Destatis) data released Wednesday.

The debt of the overall public budget increased €111.3 billion ($126 billion) to €2.28 trillion ($2.58 trillion).

Per capita debt stood at €27,477 ($31,110).

Debt owed by the overall public budget include municipalities and their associations, social security funds including all extra budgets.

The non-public sector comprises credit institutions and the remaining domestic and non-domestic sector, including private businesses in Germany and abroad, it added.


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