German enterprises constitute net debtors vis-à-vis non-residents: Standing at €1786 billion at the end of October 2024, their liabilities arising from financial operations and trade credits, exceeded their corresponding assets of €1450 billion by €336 billion. Compared with the previous month, this is a change of €18 billion.

Financial operations with foreign non-banks are of particular importance here, while those with foreign banks play a secondary role. The first group accounts for 74 % of claims and 84 % of liabilities. At 21 % and 16 % respectively, the share of trade credits in these total figures remains comparatively small.