Public financial assets up 3.1% in 2015

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MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Public financial assets up 3.1% in 2015

WIESBADEN – The financial assets of the overall public budget (Federation, Länder, municipalities/associations of municipalities and social security funds, including all extra budgets) in the non-public sector amounted to 555.5 billion euros at the end of 2015. The Federal Statistical Office (Destatis) also reports that the financial assets increased by 3.1%, or 16.6 billion euros, compared with the revised results as at 31 December 2014. The non-public sector comprises credit institutions and the remaining domestic (for instance private businesses) and non-domestic sector.

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