Record gains: Hessian municipalities benefit from trade tax!

Record gains: Hessian municipalities benefit from trade tax!

The Hessian municipalities achieved a record result from trade tax in 2024: a total of 7.58 billion euros were flushed into the cities and municipalities. This corresponds to an increase of almost 200 million euros or 2.7 percent compared to the previous year, such as FRO.

It is particularly noteworthy that 57.7 percent of the municipalities recorded an increase in income. One of the main causes of this increase is the record result in Frankfurt, which makes a proud 40 percent of Hessian trade tax revenue with EUR 3.08 billion. The metropolis has once again underpinned its importance as an economic center in Hesse.

regional developments

The statistics also show interesting regional differences. In Eschborn, for example, the highest per capita revenue was achieved with 11,112 euros, while Allendorf/Eder is also one of the leaders with 7,446 euros. Wiesbaden recorded an increase in trade tax revenue by 7.1 percent to EUR 475.6 million. Bad Homburg stands out from 77.3 percent to 143 million euros with a dramatic increase.

Darmstadt was able to record income of 163.2 million euros, which is above the previous year. Hanau recorded growth at 102.3 million euros. Offenbach, which had to record a significant decline of 44 million euros, has a strong contrast, which means that the income decreases to only 78.2 million euros.

long -term trends and challenges

The trade tax revenue in Hessen show a steady positive development. As early as the third quarter of 2022, the municipalities had income of 1.73 billion euros, an increase of 243 million euros or 16 percent compared to the previous year. Throughout the year 2022, the income amounted to almost 7.2 billion euros, which is almost 15 percent above the previous year's level. Compared to the income from the pre-corona year 2019, there is an increase of over 31 percent, reports statistics.hessen.de .

A look at the specific cities shows that Frankfurt am Main with 611 million euros, Wiesbaden with 115 million euros and Marburg with 112 million euros achieved the highest income in the third quarter of 2022. These three cities carried 48 percent of the entire Hessian trade tax revenue during this period. While Darmstadt also finished positively with 63 million euros and an increase of 57 percent, Offenbach and Eschborn experienced declines.

The Hessian finance minister Michael Boddenberg expressed optimistic about the economic situation in the country and emphasized that Hessen mastered the Corona crisis well. The current challenges are still actively addressed to maintain the positive development of trade tax revenue. Such developments are an indicator of the economic stability and the upswing in Hesse, which is underpinned by the data of the