Germany Private Sector Debt to GDP stands at 163.83% as of December 2024, down from 168.16% a year earlier. The reading sits in the 33rd percentile of its history back to 1995.
| Latest (December 2024) | 163.83% |
| One year ago | 168.16% |
| 10-year range | 156.66% – 178.37% |
| All-time range | 148.26% (1995) – 183.23% (2002) |
| Standing | Lowest since 2018 |
| Change over 5 years | −1.5 pts — peaked at 178.37% in 2021 |
| Percentile vs. full history | 33rd |
| History | 1995–2024 (30 observations) |
Households and non-financial companies together — total private borrowing in Germany as a share of GDP. It is the sum of the household and corporate series shown separately on this site, not an independent measurement, and it excludes government entirely. The rate of change has historically carried more information than the level: credit booms show up here before they show up anywhere else. Debt here means debt INSTRUMENTS: loans and debt securities plus currency and deposits, trade credit and other accounts payable. The IMF publishes a narrower measure too, and the two are not the same number — every sector on this site uses the broader one so the figures can be compared with each other. Annual, so it moves slowly and revisions to past years are normal. Data: IMF Global Debt Database.
<iframe src="https://www.tacticalassetallocation.com/charts/germany-private-debt-to-gdp/embed.html" width="800" height="360" loading="lazy" style="border:1px solid #ddd;border-radius:8px"></iframe>
<a href="https://www.tacticalassetallocation.com/charts/germany-private-debt-to-gdp/">Germany Private Sector Debt to GDP — Cambria Chart Lab</a>
Data: download CSV (source: IMF Global Debt Database).