macro

German tax revenue rises 0.4% in September

Germany's finance ministry says federal and state tax revenue grew 0.4% year-on-year in September. January-September revenue is up 0.8%.

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what happened

Germany's federal and state tax revenue rose 0.4% in September from a year earlier, the finance ministry said in its monthly report on Thursday. Total receipts came to €88.8 billion ($99.7 billion), with the sharpest gains in taxes on capital income.

For January to September, tax revenue increased 0.8% year-on-year to €670.6 billion. Tax experts expect revenue to reach €912.7 billion in 2026, up 1.2% from the previous year. The ministry will also present new tax estimates for 2026 to 2030 later on Thursday.

why it matters

The figures point to modest growth in German budget receipts without sharp swings. The new 2026-2030 tax estimates released the same day will help gauge fiscal prospects and the government's room for spending, a key input for assessing the eurozone's largest economy.

tags

instruments

EUR/USDBundDAX

sources

  1. German tax revenue up 0.4% in September — Reuters, 21 October 2026 at 22:00 UTC

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