German government deficit several billion larger than expected. In order to cushion crises, the state spent significantly more money in 2023 than it received.
The deficit for the federal, state, local and social security systems is greater than initially estimated. Most experts expect new debt to continue to fall this year, also because of the federal government's fun measures following the Federal Constitutional Court's ruling on the debt brake. The state's interest expenses rose by 36.2 as a result of increased key interest rates.