Germany's public debt has surpassed the threshold of 2.8 trillion euros, according to an interactive tool based on official data estimates. The debt is growing at a rate of approximately 6,326 euros per second, meaning more than 6,000 euros are
added every second. The Federal Statistical Office reported in September 2026 that public debt is rising due to substantial spending on infrastructure and defense. Data indicates that the public debt stabilized at 2.819 trillion euros, while the tool also highlights
ongoing deterioration in the real economy and labor market. The number of companies that have gone bankrupt this year reached 21,296, with one company closing every 20 minutes on average. Among recent bankruptcies is a historic paper mill with a
150-year legacy, along with a major automotive parts supplier for a leading car manufacturer, where around 300 employees face potential layoffs. Additionally, official unemployment registrations have exceeded 5.9 million, with a new unemployed person registered every four seconds. On September
11, 2026, the German parliament discussed the federal budget for 2027, which includes a significant increase in defense spending from 82.2 billion euros in 2026 to 109.7 billion euros in 2027. This spending is expected to be mainly financed through
new borrowings amounting to a record 118.7 billion euros, while servicing the existing public debt will cost 41.9 billion euros in 2027.
