Reports: German taxpayers with €1 million increased by 1500


The number of German taxpayers with an income of €1 million or more has increased by 1,500 persons in 2018, with the income of millionaires reaching an average annual income of €2.6 million.

According to the Federal Statistical Office (Destatis), Hamburg and Bayern are the regions with the highest number of millionaires. In contrast, those with fewer millionaires include Sachsen-Anhalt and Thueringen, as per the reports.


Just under 26,300 people registered as wage or income taxpayers in Germany had an income of at least €1 million, showing 1,500 additional millionaires compared to the previous year.

Destatis’ data shows that income from a business endeavour was the main source of income for 59 per cent or 15,500 taxpayers. Another 5,200 (20 per cent) received their income primarily from dependent employment and 4,000 (15 per cent) from self-employment, while other types of income play a minor role.

In addition, employment in the country has risen in April by 1.7 per cent compared to the corresponding time in 2021 and by 0.3 per cent compared to March of 2022.

These numbers were drastically low in April 2020, down by 1.2 per cent compared to the previous year and 0.4 per cent compared to the last month.

Moreover, the number of graduates with a bachelor’s degree in Germany has been on a positive trend in 2019 as 120,510 graduates, or 45 per cent of the bachelor’s degree holders, finished their studies 2019.

Destatis data also showed that the total number of bachelor graduates this year reached 267,800, remaining unchanged from the previous year.


Data from Erudera, the first education search platform based on Artificial Intelligence, shows that the total number of international students in Germany reached 416,437, with 324,729 or 78 per cent international students and 91,708 being domestic students. The same data shows that international student enrolment has increased by 38.1 per cent from 2014 to 2021.


Share post:



More like this

Harry Styles surprises dedicated fan on her birthday with a Memorable Serenade

In a heartwarming incident that left Jennie Hope from Kilmarnock in disbelief, global music sensation Harry Styles made her birthday celebration an unforgettable experience during his concert at Murrayfield Stadium.

186 people joined this week’s Castlewellan parkrun, know results

Castlewellan, Northern Ireland: Around 186 people ran, jogged and walked the course during this week's Castlewellan Parkrun. 31 of these people were first-timers, and 26 recorded new Personal Bests, with representatives of 29 clubs participating in the run. 

UK: MP Priti Patel recognises Manchester Arena attack, feels deeply saddened over 22 lost lives

British Politician and Member of Parliament United Kingdom, Priti Patel, expressed her deep grief and condolences over the 22 innocents who died during the Manchester Arena Attack on May 22, 2017.

UK: MP Damien Moore feels delighted to be part of healthcare manifesto

British Conservative Politician and Member of Parliament for Southport, United Kingdom, Damien Moore, expressed his pleasure and gratitude for being elected on a manifesto to improve the health care system and bring specific positive outcomes in her constituency. he also feels delighted over the United Government’s efforts to transform the health care system for the people.