The financial accounts data for Germany announced in this press release are published for the first time pursuant to the provisions of the European System of Accounts 2010 (ESA 2010). This methodological framework replaced the previous ESA 1995 on 1 September 2014, and since then has constituted the binding basis for all relevant statistics in the European Union.

The financial assets of households rose by €64 billion, or 1.3%, on the previous quarter to €4,871 billion by the end of the third quarter.

The financial assets of households increased by €23 billion, or 0.5% on the quarter, to €5,027 billion at the end of the second quarter of 2013.

At its monetary policy meeting on 23 January, the Governing Council of the ECB decided to review its monetary policy strategy. Alongside the national central banks, this newly launched process will also engage with the general public and civil society.

Selected results of the financial accounts by sector

Germany’s current account recorded a surplus of €6.5 billion in May 2020, putting it €2.6 billion below its level in April.