9 Articles
9 Articles
Germany: public spending on the rise, debt-to-GDP ratio rises to 49.5%
In Germany, the increase in public spending led to an increase of 49.5% in the debt-to-GDP ratio, as announced by the Federal Statistical Office. Compared to 2023, when the debt-to-GDP ratio was 48.4%, there was an increase of 1.1%. According to the Federal Statistical Office, the increase is mainly due to the significant increase in cash social services, such as pensions, long-term care benefits or citizenship income, as well as to greater soci…
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