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Update of the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6)
The concepts and methodological standards for compiling external sector statistics are set out in numerous international manuals. These are currently being revised.
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External debt
Germany’s gross external debt amounted to €6.4 trillion at the end of 2024; relative to gross domestic product (GDP) it remained unchanged in the period under review.
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Data Template on International Reserves and Foreign Currency Liquidity of Germany Reporting period August 2025
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International Reserves Reporting period August 2025
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The external position of the Bundesbank, International reserves and foreign currceny liquidity of the Eurosystem
Bundesbank’s external position stood at €853 billion at the end of April 2025, with claims from the TARGET2 payment system worth €1075 billion making up around 71 % of total assets. These are followed by international reserves, comprising gold and foreign exchange reserves, including the special drawing rights allocated by the International Monetary Fund (IMF), which account for a total of 20 % of assets. At 85 %, issuance of euro cash accounted for the bulk of liabilities. Deposits of non-euro area residents amount to 7 % of foreign liabilities.
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Data Template on International Reserves and Foreign Currency Liquidity of Germany Reporting period July 2025
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International investment position and external debt Publications
on the topic of International investment position and external debt