Germany's public debt hit a record high last year. At the same time, by the end of 2022, the debt of the federal, state and municipal budgets, as well as social insurance funds, amounted to a total of about 237 billion euros.. Compared to 2021, debt increased by 2%.

According to DW, citing the Federal Statistical Office, in terms of one inhabitant of Germany, the total amount of public debt is 28,155 euros.. A year ago it was 27922 euros.

Federal debt increased by 4.6% compared to 2021.

It is noted that this is a consequence of the energy crisis and the need for increased funding in connection with the COVID-19 pandemic..

Meanwhile, at the land level, debt decreased by 5%.

Debts of municipal budgets increased by 4.4% over the year.

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It was reported that the German government wants to increase spending on military assistance to Ukraine several times. We are talking about the allocation of additional billions of euros to conclude contracts for weapons for our military.