Germany’s Working Party on Tax Revenue Estimates projected higher tax revenue for 2027, but Finance Minister Lars Klingbeil said the revision would not create new federal spending room, Reuters, DW and dpa-AFX reported.
Reuters and DW reported that the federal government’s 2027 tax estimate is €4.1 billion above the panel’s May projection. For federal, state and local governments combined, dpa-AFX reported a €10.9 billion increase; DW described the gain as more than €10 billion. These are forecast changes, not revenue already collected.
Germany’s Finance Ministry put total tax revenue for 2027 at €1,033.3 billion in its May estimate. The new forecast’s €4.1 billion increase refers to federal receipts alone, while the €10.9 billion figure covers all levels of government.
Reuters reported that Klingbeil said the revised outlook would leave the federal government with neither additional fiscal room nor new budget gaps. The outlet also reported that the 2027 estimate excludes planned tax relief measures that had not yet received parliamentary approval.
For 2026–2030, the panel’s forecast is €43.4 billion above its May outlook, Reuters reported. The outlet said €3.3 billion of that increase is expected to go to the federal government, with states and municipalities projected to receive more.
The German government’s autumn forecast raised its real GDP growth outlook to 1.3% for 2026 and 1.1% for 2027. It cited robust exports and public investment in defense and infrastructure as growth drivers. The Finance Ministry describes the tax-estimate panel as an advisory body that meets twice a year, with forecasts used in budget planning at all three levels of government.
With the 2027 budget before parliament, dpa-AFX reported that the Bundestag was expected to pass it by the end of November.
