Hesse's municipalities celebrate records: trade taxes rise to 7.58 billion!
Hesse's municipalities celebrate records: trade taxes rise to 7.58 billion!
Hessian municipalities achieved a record in the income from trade tax in 2024. A total of 7.58 billion euros were earned, which corresponds to an increase of almost 200 million euros or 2.7 percent compared to the previous year, as FRON. Special drivers of this growth are the city of Frankfurt and some other Hessian communities.
The city of Frankfurt am Main has contributed significantly to the total amount with 3.08 billion euros and thus generates 40 percent of the total trade tax revenue in Hesse. It is also particularly noteworthy that 57.7 percent of the Hessian municipalities had an increase in income. However, while some municipalities are flourishing, losses are also emerging, including in Offenbach, where the income decreased by 44 million euros to just 78.2 million euros.
regional differences in income
The highest per capita income from trade tax was recorded in Eschborn with 11,112 euros and in Allendorf/Eder with 7,446 euros. In addition, there was a positive increase in income in several cities:
- Wiesbaden: +7.1 percent to 475.6 million euros
- Bad Homburg: +77.3 percent to 143 million euros
- Darmstadt: 163.2 million euros (compared to the previous year)
- Hanau: 102.3 million euros
These figures show that the economic recovery is noticeable in many parts of Hesse, while some cities, such as Offenbach, are in a difficult location. A more comprehensive look at the trade tax revenue of the Hessian municipalities shows that a total of 1.73 billion euros were taken in the third quarter of 2022, which corresponds to an increase of 243 million euros or 16 percent compared to the previous year, so statistik.hessen.de .
development over the years
The data of the first three quarters 2022 also show a positive development, with income of 5.23 billion euros during this period. This corresponds to an increase of around 979 million euros compared to 2021.
In the first half of 2024, the trade tax revenue of the Hessian municipalities was 3.6 billion euros, which was evenly distributed to the two quarters. Compared to the first half of 2023, this was around 269 million euros or 8.1 percent more. Particularly noteworthy are the highest absolute growth in cities such as Frankfurt am Main, which was able to record an increase of 258 million euros, while other cities like Offenbach had to accept.
The completed year 2024 impressively demonstrates the different developments within the Hessian municipalities, with the prospering cities make up a significant part of the income from trade tax. These trends could also strongly influence the budget planning of the coming years.
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