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German Tax Revenue Drops 3.4% in January
20 Feb
Summary
- Germany's January tax revenues decreased by 3.4% year-over-year.
- One-off factors distorted the federal tax comparison from January 2025.
- Economic growth is projected at 1.0% for 2026, a modest recovery.
In January, Germany's combined federal and state tax revenues experienced a year-on-year decline of 3.4%. The federal finance ministry highlighted that this comparison was affected by one-off elements in January 2025's federal tax figures.
Excluding these specific impacts, the underlying trend for tax revenues would show a modest increase. Total tax receipts for January amounted to 64.5 billion euros. Looking ahead, the government forecasts a 1.0% economic growth rate for 2026, signaling a slow recovery from recent stagnation.
Tax experts project that by 2026, total tax revenues will reach 926.9 billion euros, marking a 2.8% rise from the prior year.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
