German enterprises constitute net debtors vis-à-vis non-residents: Standing at €1750 billion at the end of March 2025, their liabilities arising from financial operations and trade credits, exceeded their corresponding assets of €1459 billion by €290 billion. Compared with the previous month, this is a change of -€36 billion.

on the topic of Corporate financial statements

In the fourth quarter of 2024, German households’ nominal financial assets grew by €136 billion, totalling €9,050 billion as at the end of the year. This is now the fifth increase in succession, continuing the growth streak that has been ongoing since the end of 2023. Households increased their claims by €79 billion and generated valuation gains of €57 billion.

At the end of 2023, Germany’s outward primary and secondary foreign direct investment (FDI) rose by €16 billion to €1,618 billion. 

The German Panel on Household Finances (PHF) is a representative panel survey on household finance and wealth in Germany, covering the balance sheet, pension, income, work life and other demographic characteristics of private households living in Germany.