Finance
German tax revenues up 10.2% in April, finance ministry says
Published by Global Banking & Finance Review®
Posted on May 21, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 21, 2025
2 min readLast updated: January 23, 2026
German tax revenues rose 10.2% in April due to a one-time state tax effect, reaching 64.08 billion euros. The economy faces challenges from US tariffs.
By Maria Martinez
BERLIN (Reuters) -Germany's federal and state government tax revenues rose 10.2% in April from the same month a year ago, the finance ministry said on Thursday.
In its monthly report, the ministry said the substantial increase was mainly down to a one-time effect in state taxes, where revenues jumped by more than 190% from the previous year.
Total tax revenues hit 64.08 billion euros ($72.63 billion) in April, the report said.
From January to April, tax revenues increased by 9.7% from the same period in 2024 to 286.34 billion euros.
Europe's ailing, largest economy is under pressure after it contracted in 2024 for the second consecutive year. Stagnation is expected this year.
Significant impulses to boost tax revenues are not expected for the time being, although both industrial production and exports have recorded recent increases, said the report.
"The uncertainty associated with international trade conflicts, in particular, is likely to burden the economy," the ministry said.
Germany is expected to be badly affected by U.S. tariffs due to its export-oriented economy. The U.S. was Germany's biggest trading partner in 2024 with two-way goods trade totalling 253 billion euros ($289.66 billion).
For 2025, tax experts see revenues climbing to 893.3 billion euros, up 3.7% from the previous year, said the report.
Last week, the council of tax experts said Germany's economic downturn coupled with tax relief would likely lead to a 81.2 billion euros reduction in total tax revenues between 2025 and 2029 compared with a projection in October.
($1 = 0.8822 euros)
(Reporting by Maria MartinezEditing by Madeline Chambers)
German tax revenues rose by 10.2% in April compared to the same month a year ago.
The substantial increase in state tax revenues was mainly due to a one-time effect, where revenues jumped by more than 190% from the previous year.
Tax experts predict that Germany's tax revenues will climb to 893.3 billion euros in 2025, which is an increase of 3.7% from the previous year.
Germany's economy is under pressure, having contracted for the second consecutive year in 2024, and stagnation is expected this year.
Germany is expected to be significantly affected by U.S. tariffs due to its export-oriented economy, as the U.S. was Germany's biggest trading partner in 2024.
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