Public financial assets up 3.5% in 2016

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

Headline: Public financial assets up 3.5% in 2016

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 574.1 billion euros at the end of 2016. The Federal Statistical Office (Destatis) also reports that the financial assets increased by 3.5%, or 19.3 billion euros, compared with the revised results as at 31 December 2015. The financial assets comprise currency and deposits, other receivables, securities and lending to the non-public sector.

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