Germany wipes €15.68 billion in foreign debt since 2000 with 2025 relief wave
Germany has canceled €15.68 billion in foreign debt since 2000, with the latest wave of relief taking place in 2025. The federal government wrote off over €100 million last year alone, continuing a long-standing policy of debt forgiveness. No new cancellations occurred in 2024, but 2025 saw fresh agreements with several nations. The most recent debt relief measures benefited five countries. Egypt had €55 million erased, while Tunisia received €30 million in forgiveness. Indonesia saw €24 million wiped from its obligations, and Guatemala and Mongolia each had €5 million cleared.
Since the turn of the millennium, Germany has struck debt relief deals with 52 nations. The largest single cancellation went to Iraq, which had €4.7 billion forgiven. Nigeria followed with €2.4 billion in relief, and Cameroon had €1.4 billion written off.
In 2025, the total debt forgiveness reached €119 million, pushing the cumulative figure beyond €15 billion. Despite this, no country has forgiven any debts owed to Germany during the same period. Germany’s debt relief programme has now spanned over two decades, with 52 countries receiving financial reprieve. The latest cancellations bring the total to €15.68 billion since 2000. No further write-offs have been announced beyond 2025.
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