NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Germany

Germany: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio was 4.13 Factor of gross operating surplus in 2025. ▬ Flat

Latest (2025)
4.13 Factor of gross operating surplus
Change on year
up 4.1%
World rank
13th
of 25 countries
All-time high
4.25 Factor of gross operating surplus
in 2020
All-time low
3.31 Factor of gross operating surplus
in 2007
Years of data
31
1995–2025

NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Germany, 1995–2025

012341995201020251995: 3.6 Factor of gross operating surplus1996: 3.7 Factor of gross operating surplus1997: 3.6 Factor of gross operating surplus1998: 3.5 Factor of gross operating surplus1999: 3.8 Factor of gross operating surplus2000: 4.2 Factor of gross operating surplus2001: 4 Factor of gross operating surplus2002: 4 Factor of gross operating surplus2003: 4 Factor of gross operating surplus2004: 3.7 Factor of gross operating surplus2005: 3.6 Factor of gross operating surplus2006: 3.4 Factor of gross operating surplus2007: 3.3 Factor of gross operating surplus2008: 3.6 Factor of gross operating surplus2009: 4 Factor of gross operating surplus2010: 3.6 Factor of gross operating surplus2011: 3.5 Factor of gross operating surplus2012: 3.7 Factor of gross operating surplus2013: 3.8 Factor of gross operating surplus2014: 3.4 Factor of gross operating surplus2015: 3.4 Factor of gross operating surplus2016: 3.4 Factor of gross operating surplus2017: 3.4 Factor of gross operating surplus2018: 3.6 Factor of gross operating surplus2019: 4 Factor of gross operating surplus2020: 4.3 Factor of gross operating surplus2021: 4 Factor of gross operating surplus2022: 3.9 Factor of gross operating surplus2023: 3.6 Factor of gross operating surplus2024: 4 Factor of gross operating surplus2025: 4.1 Factor of gross operating surplus

Source: Organisation for Economic Co-operation and Development. Measured in Factor of gross operating surplus.

Analysis

The most recent figure for naag chapter 7: corporations — debt to gross operating surplus ratio in Germany is 4.13 Factor of gross operating surplus, measured in 2025.

Compared with earlier readings it is up 4.1% on the previous year and up 21.4% over ten years.

Over the whole period, naag chapter 7: corporations — debt to gross operating surplus ratio in Germany peaked at 4.25 Factor of gross operating surplus in 2020 and was at its lowest, 3.31 Factor of gross operating surplus, in 2007.

That places Germany 13th out of 25 countries with data for 2025, putting it in the middle of the range.

NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Germany, year by year

Annual values for NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations in Germany, 1995 to 2025.
Year Factor of gross operating surplus Change
1995 3.61 Factor of gross operating surplus
1996 3.66 Factor of gross operating surplus +1.3%
1997 3.63 Factor of gross operating surplus -0.6%
1998 3.48 Factor of gross operating surplus -4.3%
1999 3.75 Factor of gross operating surplus +7.9%
2000 4.19 Factor of gross operating surplus +11.8%
2001 3.98 Factor of gross operating surplus -5.0%
2002 4 Factor of gross operating surplus +0.5%
2003 4.02 Factor of gross operating surplus +0.5%
2004 3.7 Factor of gross operating surplus -8.1%
2005 3.57 Factor of gross operating surplus -3.3%
2006 3.41 Factor of gross operating surplus -4.5%
2007 3.31 Factor of gross operating surplus -3.1%
2008 3.57 Factor of gross operating surplus +8.0%
2009 4.03 Factor of gross operating surplus +13.0%
2010 3.6 Factor of gross operating surplus -10.8%
2011 3.47 Factor of gross operating surplus -3.5%
2012 3.65 Factor of gross operating surplus +5.1%
2013 3.75 Factor of gross operating surplus +2.8%
2014 3.41 Factor of gross operating surplus -9.2%
2015 3.4 Factor of gross operating surplus -0.2%
2016 3.4 Factor of gross operating surplus -0.0%
2017 3.35 Factor of gross operating surplus -1.5%
2018 3.58 Factor of gross operating surplus +6.9%
2019 4 Factor of gross operating surplus +11.8%
2020 4.25 Factor of gross operating surplus +6.2%
2021 3.99 Factor of gross operating surplus -6.0%
2022 3.87 Factor of gross operating surplus -3.1%
2023 3.6 Factor of gross operating surplus -6.9%
2024 3.97 Factor of gross operating surplus +10.1%
2025 4.13 Factor of gross operating surplus +4.1%

Germany compared with similar countries

  • Germany's 4.13 Factor of gross operating surplus is below the median for Europe & Central Asia, which is 4.4 Factor of gross operating surplus, 94% of the median. (17 countries reporting)
  • Germany's 4.13 Factor of gross operating surplus is below the median for high income countries, which is 4.4 Factor of gross operating surplus, 94% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.63 Factor of gross operating surplus 3.48 Factor of gross operating surplus 3.75 Factor of gross operating surplus 5
2000s 3.78 Factor of gross operating surplus 3.31 Factor of gross operating surplus 4.19 Factor of gross operating surplus 10
2010s 3.56 Factor of gross operating surplus 3.35 Factor of gross operating surplus 4 Factor of gross operating surplus 10
2020s 3.97 Factor of gross operating surplus 3.6 Factor of gross operating surplus 4.25 Factor of gross operating surplus 6

Countries ranked near Germany

  1. 10 Portugal 4.77 Factor of gross operating surplus compare
  2. 11 Belgium 4.73 Factor of gross operating surplus compare
  3. 12 Austria 4.4 Factor of gross operating surplus compare
  4. 14 Chile 4.1 Factor of gross operating surplus compare
  5. 15 United Kingdom of Great Britain and Northern Ireland 3.97 Factor of gross operating surplus compare
  6. 16 Finland 3.93 Factor of gross operating surplus compare

See the full ranking of 34 places →

More economy & growth data for Germany

All data for Germany →

Frequently asked questions

What is naag chapter 7: corporations — debt to gross operating surplus ratio in Germany?
Naag chapter 7: corporations — debt to gross operating surplus ratio in Germany was 4.13 Factor of gross operating surplus in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 7: corporations — debt to gross operating surplus ratio recorded in Germany?
The highest recorded value was 4.25 Factor of gross operating surplus in 2020.
What is the lowest naag chapter 7: corporations — debt to gross operating surplus ratio recorded in Germany?
The lowest recorded value was 3.31 Factor of gross operating surplus in 2007.
How does Germany rank for naag chapter 7: corporations — debt to gross operating surplus ratio?
Germany ranks 13th out of 25 countries with data for 2025.
Is naag chapter 7: corporations — debt to gross operating surplus ratio rising or falling in Germany?
Over the last ten years it is up 21.4%. The long-run trend across the full record is flat.
Where does this Germany data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations. Statizoid updates them automatically from the source API.

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NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Germany. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/naag-chapter-7-corporations-debt-to-gross-operating-surplus-ratio-of-non-financial/germany/

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<a href="https://economy.statizoid.com/stat/naag-chapter-7-corporations-debt-to-gross-operating-surplus-ratio-of-non-financial/germany/">NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Germany</a> — Statizoid

About this data

Indicator
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations
Unit
Factor of gross operating surplus
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
34 places, 929 data points, 1995–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.