General government debt in Germany increased by €144 billion in 2025 to €2.84 trillion. Central government debt, including its off-budget entities, grew by €107 billion. State and local governments recorded an increase of €19 billion and €25 billion, respectively. The debt of the social security funds more than doubled from €3 billion to €7 billion. This debt predominantly represents intra-government borrowing from central government and is therefore not counted toward total government debt. [...]