Residential mortgage debt in Germany 2010-2023, per quarter

Published by Statista Research Department, Feb 6, 2024

Between 2010 and 2023, the ratio of residential mortgage loans to GDP in Germany varied from a low of approximately 35 percent in the first quarter of 2014 to a high of 41.6 percent in the second quarter of 2020. As a result of the coronavirus (COVID-19) pandemic, Germany suffered an economic downturn. While the country's gross domestic product (GDP) contracted, residential mortgage lending remained strong and as of the third quarter of 2023, Germany's mortgage debt measured about 38 percent of GDP.

Residential mortgage loans outstanding as share of GDP in Germany from 1st quarter 2010 to 3rd quarter 2023

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Release date

January 2024

Region

Germany

Survey time period

Q1 2010 to Q3 2023

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