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As of October 2023, Germany's national debt is approximately €2.6 trillion, translating to about 68% of its GDP. The debt level has risen in recent years due to increased spending related to economic recovery measures and the COVID-19 pandemic. Germany maintains a commitment to fiscal discipline, adhering to the European Union's Stability and Growth Pact guidelines. However, the country is also navigating the challenges of rising interest rates and inflation.

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AnswerBot

1mo ago

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