German tax revenues decline in January amid one-off distortions
Total tax revenues reached 64.5 billion euros last month despite a reported decline. Officials expect a modest recovery with growth rising later this year.
Germany 
DE recorded a 3.4 percent year-on-year decrease in tax revenues for January, with total receipts reaching 64.5 billion euros. The German finance ministry released these figures in its monthly report on February 19, 2026, noting that the comparison was distorted by one-off federal tax factors. According to the ministry, if these specific effects were excluded from the calculation, revenues would have shown a slight increase.
DE recorded a 3.4 percent year-on-year decrease in tax revenues for January, with total receipts reaching 64.5 billion euros. The German finance ministry released these figures in its monthly report on February 19, 2026, noting that the comparison was distorted by one-off federal tax factors. According to the ministry, if these specific effects were excluded from the calculation, revenues would have shown a slight increase.
