BERLIN, Feb 20 (Reuters) - Germany's federal and state government tax revenues fell by 3.4% in January compared with the same month a year ago, the finance ministry said in its monthly report on
Germany’s tax take slips 3.4% in January, finance ministry says
January Tax Revenues and 2026 Outlook
BERLIN, Feb 20 (Reuters) - Germany's federal and state government tax revenues fell by 3.4% in January compared with the same month a year ago, the finance ministry said in its monthly report on Friday.
One-off Factors Distorting Comparison
The year-on-year comparison was distorted by one-off factors affecting federal taxes, most of which relate to the comparative base from January 2025, the report said. Excluding those effects, the figures would show a slight increase, it added.
Total Collections in January
Total tax revenues in January reached 64.5 billion euros ($75.82 billion), according to the report.
GDP Growth Forecast for 2026
The government expects 1.0% economic growth in 2026, a modest recovery following years of stagnation.
Tax Revenue Projection for 2026
Tax experts see tax revenue increasing to 926.9 billion euros in 2026, up 2.8% from the previous year, according to the report.
Exchange Rate Reference
($1 = 0.8507 euros)
Reporting and Editing Credits
(Reporting by Maria MartinezEditing by Madeline Chambers)
