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German Finance Minister Announces Revised Tax Estimate Adds €43.3 Billion to 2030 Revenue

New forecast projects €43.3 billion extra revenue by 2030, but no new budget room for the federal government.

By PLAIN. Editorial DeskPublished 1 min read3 Sources
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Key facts

  • The revised tax estimate projects €43.3 billion more revenue for the state by 2030.
  • Bundesfinanzminister Lars Klingbeil said the estimate does not create new budget space for the federal government.
  • The estimate includes €4.1 billion for the federal government and €10.9 billion for the entire state in 2027.
  • Federal revenue for 2027 is forecast at €398.6 billion, and total state revenue is projected to exceed €1 trillion.
  • The estimate is used as the basis for the 2027 federal budget, which the Bundestag will debate in November.

On 22 October 2026, the German finance ministry released a revised tax estimate. The estimate projects €43.3 billion more revenue for the state by 2030 compared to the spring forecast.

Bundesfinanzminister Lars Klingbeil said the estimate does not create new budget space for the federal government. He noted that the federal budget will need to be consolidated further.

The estimate includes €4.1 billion for the federal government and €10.9 billion for the entire state in 2027. Total state revenue is projected to exceed €1 trillion.

The revised estimate will serve as the basis for the 2027 federal budget. The Bundestag is scheduled to debate and approve the budget in November.

Context

Tax estimates are prepared twice a year by the Working Group on Tax Estimates. They inform the federal and state budgets. The latest estimate reflects a slight improvement in the economy and recent tax law changes.

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How this was made

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