Revenue Statistics 2020 - Germany Tax-to-GDP ratio Tax-to-GDP ratio over time Tax-to-GDP ratio compared to the OECD, 2019 In the OECD classification the term “taxes” is confined to compulsory unrequited payments to general government. Table 1: General government budget balance and debt Steady reduction of the debt-to-GDP ratio: Thanks to the general government budget surplus and the robust performance of the economy, Germany’s debt-to-GDP ratio will fall to 65¼% in the current year. This means that Germany’s economic growth this year is expected to fall short of potential GDP. But you can select any year you want using the dropdown control in the table heading. Germany Government Budget to GDP was 1.5 % in 2021. The German government projects a larger, yet balanced budget for 2017. You can increase or decrease the year using the “yr” text links in the table heading. Germany's lower house of parliament has approved a €750 billion ($814 billion) aid package on Wednesday to cushion the economy from the direct impact of the coronavirus outbreak.. At the top and bottom … ... subsidy for patients with COVID-19, and the support for quarantine centers and hospitals for local government units. On 28 June 2017 the federal cabinet adopted the government draft for the 2018 federal budget and the financial plan to 2021. The continued healthy state of public fi-nances and the ongoing winding down of House still doesn’t have full breakdown of P275-B budget for COVID-19 response Published 2020-03-23 16:20:13 . The output gap is only slightly positive at this point. Data are in current U.S. dollars. Once the federal government’s draft budget has been submitted to the parliament, the executive branch’s responsibility for the budget preparation process ends, and the Federal expenditure in the years up to 2021 is set to rise at a moderate pace, from €329.1bn in 2017 to a projected €356.8bn in 2021. There will be modest increases for many departments - especially security. Statistics on government revenues and spending. The extra budget includes a 50 billion euro programme to help small businesses and the self-employed threatened with bankruptcy, with direct payments of up to 15,000 euros ($16,225). Germany's spending on health care is relatively high, just over 11% of its wealth, compared to 9.8% in the UK and it has more doctors and hospital beds per patient than the UK. Many translated example sentences containing "budget breakdown" – German-English dictionary and search engine for German translations. Historical data on budget value in Germany on Take-profit.org. 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