The Financing of Worldwar I (1914/18) and Worldwar II (1939/45) in Germany

Resource Type
Dataset : Survey and aggregate data
  • Lapp, Klaus
Publication Date
  • ZA:
    • Historical Studies Data
  • Abstract

    The researcher made in this study an attempt to give a recapitulatory description of the financing of both World Wars. Therefore according to a given definition of war expenditures only those expenditures were taken into account which arose during the war and which were accounted for in the national budget of the German Empire (Reichshaushalt). The so called post-war burdens, which arose after the respective ceasefire, were not taken into account. By comparing the financing methods of both wars, an insight into the background and the respective characteristics (caused by the different economic systems and economic conditions) shall be enabled. List of data tables (time series data) in the search and download system HISTAT ( A. The development of military spending in Germany A.1 Total and military expenditure of the German Reich in million marks (1910-1919) A.2 The monthly war expenditure in million marks (1914-1919) A.3 Total expenditure and military expenditure of the German Empire (1933-1945) A.4 Expenditure in the national budget in billions of RM (ordinary and special accounts) (1937/38-1944/45) A.5 total expenditure and expenditure on debt servicing (1914-1919, 1938-45) B. The funding in both wars through tax policies B.1 The most important tax revenue in million marks (1913-1918) B.2 The development of the customs revenue in Germany, England and France in millions of currency units of each country (1913-1918) B.3 The main groups of ordinary income (1913-1918) B.4 The total expenditure, the ordinary revenues, the need for extraordinary covering funds and the borrowing in million marks (1914-1918) B.5 actual revenue of the empire from taxes and customs duties in million RM (1933/34-1943/44) B.6 total expenditure, total revenue and revenue from taxes and customs duties (1938-1945) B.7 national budget in billions of RM (ordinary and extraordinary income) (1938/39-1944/45) B.8 Floating debt of the German Empire from discounted treasury bills, compared with the proceeds of war bonds (1914-1919) C. The funding in both wars by credit policy C.1 Results of the nine German war bonds in million marks (1914-1918) C.2 National debt in million marks (1900-1920) C.3 The bank deposits in billion RM in Germany (1940-1944) C.4 Public and private indebtedness in Germany (1932-1944) C.5A Total outstanding volume of debt securities in million RM (1933-1940) C.5B Total outstanding volume of debt securities in million RM (1933-1940) C.6 National debt in billions of RM (1933/34, 1937/38-1944/45) C.7 The internal debt of various countries (1939-1944) C.8 Development of public debt in various countries in millions of currency units of the country (1913/1920, 1939/45) D. Financing in both wars by monetary policy D.1 The Reichsbank, billion marks (1913-1918) D.2 Coverage of circulation of the Reichsbank and of the foreign funds as annual average in percent (1914-1919) D.3 Circulation in million RM (1928-1945) D.4 The sight liabilities of the Reichsbank in million RM (1940-1945) E. Financing in the two wars by the pricing policies and economic measures E.1 International wholesale index numbers as annual averages (1913-1922) E.2 General index of prices as an annual average (1928-1944) E.3 The wholesale price index as an annual average (1928-1944) E.4 Index numbers of commodity prices as an annual average (1928-1944) E.5 Import and export values in billions of German marks (1913-1917) F. The financing of both was from different point of view F.1 consumer goods production (1939-1944) F.2 The monthly Germany´s armaments production in the First and Second World War (1918, 1944/45) F.3 Empire index numbers for the cost of living as an annual average (1928-1944) F.4 Index number of earnings over the year (1928-1944) G. G. Further comparison tables other authors G.1 Defense spending and national income by Blaich (1932-1938) G.2 Share of defense production as a percentage of industrial production in the German Empire (Deutsches Reich) after Rolf Wagenfuhr (1939-1944). Timeseries are downloadable via the online system HISTAT (
Temporal Coverage
  • 1910 / 1945
Geographic Coverage
  • German Reich (1871-1945) (DXDE)
Data and File Information
  • Unit Type: Text Unit
    Number of Units: 46
    Number of Variables: 233
A - Data and documents are released for academic research and teaching.
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Alternative Identifiers
  • ZA8233 (Type: ZA-No.)
  • Lapp, Klaus: Die Finanzierung der Weltkriege 1914/18 und 1939/45 in Deutschland. Eine wirtschafts- und finanzpolitische Untersuchung. Dissertation, Hochschule für Wirtschafts- und Sozialwissenschaften, Nürnberg, 1957.

Update Metadata: 2021-04-07 | Issue Number: 88 | Registration Date: 2010-07-23