Published by Global Banking & Finance Review®
Posted on February 19, 2026
1 min readLast updated: April 3, 2026
Add as preferred source on GoogleGermany’s finance ministry said tax revenues fell 3.4% in January to €64.5bn, distorted by one‑off federal factors tied to January 2025. Excluding these, receipts edged up. Berlin projects 1.0% GDP growth and higher tax intake in 2026.
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.
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 tax revenues in January reached 64.5 billion euros ($75.82 billion), according to the report.
The government expects 1.0% economic growth in 2026, a modest recovery following years of stagnation.
Tax experts see tax revenue increasing to 926.9 billion euros in 2026, up 2.8% from the previous year, according to the report.
($1 = 0.8507 euros)
(Reporting by Maria MartinezEditing by Madeline Chambers)
Germany’s finance ministry reported that tax revenues fell 3.4% year-on-year in January to €64.5 billion. One-off federal factors inflated the prior-year base, and excluding them, receipts would have slightly increased.
The year-on-year comparison was distorted by one-off factors affecting federal taxes in the January 2025 base. Without these temporary effects, January 2026 revenues show a modest uptick.
The government expects 1.0% economic growth in 2026. Tax experts project total revenues to reach about €926.9 billion, up 2.8% from the previous year.
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