Cash surplus/deficit (% of GDP) for Germany
CASHBLDEA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.64
Year-over-Year Change
-101.63%
Date Range
1/1/1972 - 1/1/2014
Summary
The cash surplus/deficit (% of GDP) for Germany measures the difference between government revenue and spending as a percentage of the country's gross domestic product. This metric is a key indicator of the health and sustainability of Germany's public finances.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit (% of GDP) represents the balance between a government's total receipts and total expenditures. It provides insights into a country's fiscal policy and ability to manage its budget. Economists and policymakers analyze this trend to assess Germany's economic conditions and fiscal stability.
Methodology
The data is collected and calculated by the Bundesbank and reported to Eurostat.
Historical Context
Policymakers and investors closely monitor Germany's cash surplus/deficit as it impacts the country's sovereign credit ratings and borrowing costs.
Key Facts
- Germany has maintained a positive cash surplus since 2012.
- The surplus peaked at 1.9% of GDP in 2018 before declining.
- The COVID-19 pandemic led to a significant cash deficit in 2020.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit (% of GDP) for Germany measures the difference between the German government's total revenue and total expenditures as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the sustainability of Germany's public finances and the government's ability to manage its budget. It is a key indicator of the country's fiscal health and can impact sovereign credit ratings and borrowing costs.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bundesbank and reported to Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor Germany's cash surplus/deficit as it reflects the government's fiscal discipline and impacts the country's economic stability and borrowing costs.
Q: Are there update delays or limitations?
A: The data is typically published on a quarterly basis with a short delay, allowing for timely analysis of Germany's fiscal position.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Germany (CASHBLDEA188A), retrieved from FRED.