Germany | Economic Forecasts | 2014-2050 Outlook


Markets Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Currency 1.27 1.26 1.25 1.25 1.25 1.26 1.28 1.33 [+]
Government Bond 10Y 0.81 0.66 0.52 0.6 0.61 0.51 0.6 1.25 [+]
Stock Market 8886.96 9433 9621 9717 9735 9748 10018 13121 [+]
GDP Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
GDP 3634.82 3749 3769 3783 3793 3844 3877 3916 [+]
GDP Growth Rate -0.20 0.96 0.22 0.26 0.36 0.28 2 2.1 [+]
GDP Annual Growth Rate 0.80 1.34 2.1 1.83 1.58 1.21 2.92 2.58 [+]
GDP Constant Prices 679.49 686 687 687 686 690 691 699 [+]
Gross National Product 715.87 733 736 736 736 836 884 1003 [+]
GDP per capita 38291.62 38706 38784 38843 38887 39336 39609 39999 [+]
Gross Fixed Capital Formation 112.51 114 114 114 114 114 114 114 [+]
GDP per capita PPP 42045.25 42086 42094 42100 42105 42532 42752 43173 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 4.90 4.6 4.8 5.3 4.6 4.9 5 4.9 [+]
Employed Persons 42621.00 42699 42917 43119 43279 43985 44931 45410 [+]
Unemployed Persons 2807.80 2929 2657 2743 2664 2681 2695 2696 [+]
Job Vacancies 502.00 472 426 484 498 426 418 419 [+]
Long Term Unemployment Rate 2.30 2.32 2.31 2.31 2.3 2.29 2.31 2.31 [+]
Youth Unemployment Rate 7.60 7.71 7.65 7.62 7.56 7.56 7.71 7.81 [+]
Productivity 101.30 104 104 104 104 104 105 106 [+]
Wages 3449.00 163 1417 157 159 1416 1416 1416 [+]
Wages in Manufacturing 148.60 105 103 100 98.92 98.19 95.08 95.99 [+]
Labour Costs 110.09 111 111 110 111 113 114 116 [+]
Population 80.52 79.59 80.41 79.02 82.04 78.24 74.77 72.29 [+]
Retirement Age Women 65.17 63 63 65 65 65 66 66 [+]
Retirement Age Men 65.17 63 63 65 65 65 66 66 [+]
Prices Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Inflation Rate 0.80 0.62 0.53 0.51 0.63 0.7 0.7 1.01 [+]
Inflation Rate Mom 0.00 0 0.49 0.12 0.11 0.48 0.48 0.48 [+]
Consumer Price Index CPI 107.00 107 107 108 108 110 118 135 [+]
Harmonised Consumer Prices 116.60 116 116 116 116 116 116 116 [+]
Producer Prices 105.70 106 106 106 106 109 110 114 [+]
Producer Prices Change -1.00 -0.94 -0.99 -0.97 -0.91 0.18 0.42 0.67 [+]
Export Prices 104.10 104 104 104 104 105 106 107 [+]
Import Prices 103.50 103 103 103 103 108 111 117 [+]
Food Inflation 1.00 -0.78 -1.25 -1.19 -0.67 -0.04 0.14 -0.23 [+]
Money Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.05 0.05 0.05 0.05 0.15 0.65 1.6 1.6 [+]
Interbank Rate 0.20 0.25 0.53 0.32 0.36 0.43 1.13 2.53 [+]
Money Supply M1 1493.30 1519 1545 1570 1595 1660 2138 2971 [+]
Money Supply M2 2344.80 2365 2385 2405 2424 2488 2899 3727 [+]
Money Supply M3 2369.60 2386 2395 2400 2402 2428 2441 2465 [+]
Foreign Exchange Reserves 154885.35 150886 149368 151094 150476 155318 157163 155631 [+]
Loans to Private Sector 2567023.00 2559244 2553335 2547130 2541068 2529261 2428996 2299935 [+]
Trade Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Balance of Trade 14100.00 18703 16196 19757 19481 17148 16884 17452 [+]
Exports 84100.00 94768 91167 97633 95739 93917 94829 97698 [+]
Imports 70000.00 76064 74970 77876 76258 76769 77945 80246 [+]
Current Account 10300.00 17620 21363 20340 18358 21310 21277 21277 [+]
Current Account to GDP 7.50 7.89 8.04 8.17 8.28 8.46 8.98 9.01 [+]
External Debt 643267.00 618482 583041 581305 570312 578611 610384 606509 [+]
Foreign Direct Investment -2158.93 1853 2289 2331 2392 2409 2413 2413 [+]
Remittances -863.00 982 737 589 491 368 295 246 [+]
Capital Flows -30424.90 -27869 -30558 -28465 -28265 -29940 -30017 -30023 [+]
Gold Reserves 3384.19 3384 3384 3384 3386 3384 3384 3384 [+]
Government Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Government Budget 0.10 0.2 0.2 -1.24 -1.24 0.2 -1.77 -1.81 [+]
Government Debt to GDP 76.90 74.1 74.1 76.26 76.26 74.1 74.67 74.64 [+]
Government Budget Value 7.50 10.41 8.1 5.42 10.09 5.53 5.77 5.77 [+]
Government Spending 118.16 118 118 118 118 119 120 121 [+]
Government Spending to GDP 44.30 44.7 44.7 44.7 44.7 44.7 44.7 44.7 [+]
Credit Rating 98.47 [+]
Business Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Business Confidence 104.70 105 107 107 106 106 107 107 [+]
Manufacturing PMI 49.90 51 49.36 49.39 49.81 49.98 49.89 49.89 [+]
Services PMI 55.70 55.73 56.78 56.82 56.96 56.65 56.43 56.41 [+]
Industrial Production -2.80 0.8 -0.35 -0.57 -1.02 0.2 0.47 0.75 [+]
Industrial Production Mom -4.00 0.13 -1.74 -1.3 -1.25 0.12 0.36 0.61 [+]
Manufacturing Production -2.10 0.91 0.76 0.3 0.52 0.29 1.46 0.36 [+]
Capacity Utilization 84.00 84.56 84.56 84.67 84.62 84.13 84.28 84.11 [+]
Factory Orders -5.70 -1.58 -1.37 -1.24 -1.31 -0.71 -0.9 -0.9 [+]
New Orders 110.80 110 110 110 110 109 109 109 [+]
Changes in Inventories -3.26 -3.55 -3.76 -3.94 -4.02 -4.44 -4.22 -4.21 [+]
Bankruptcies 2111.00 1814 1775 1928 1724 1675 1692 1692 [+]
Corporate Profits 181.76 182 182 182 182 182 182 182 [+]
Zew Economic Sentiment Index -3.60 -14.85 -7.48 -3.1 2.09 9.27 23.8 8.88 [+]
Car Registrations 270249.00 232313 202094 313333 279934 325253 405799 637130 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 8.30 9.27 8.89 8.67 9.35 8.96 8.61 8.65 [+]
Retail Sales MoM 2.50 0.58 0.11 0.52 0.67 0.12 0.12 0.12 [+]
Retail Sales YoY 0.10 0.45 -0.47 0.46 0.73 0.2 0.45 0.7 [+]
Consumer Spending 354.20 353 354 354 356 361 364 371 [+]
Disposable Personal Income 441.79 443 443 443 443 447 449 454 [+]
Personal Savings 9.90 9.93 9.93 9.93 9.93 9.95 0.95 0.09 [+]
Consumer Credit 222623.00 222446 222445 222445 222446 224671 225783 228008 [+]
Bank Lending Rate 2.97 3.15 3.19 3.05 3.11 3.18 3.15 3.15 [+]
Housing Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Housing Index 140.40 150 153 155 156 154 151 151 [+]
Construction Output -1.20 2.47 2.47 2.42 5.25 5.45 5.66 5.93 [+]
Taxes Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 29.60 29 29 29 29 29 29 29 [+]
Personal Income Tax Rate 47.50 47 47 47 43 47 47 47 [+]
Sales Tax Rate 19.00 19 19 19 19 19 19 19 [+]
Social Security Rate 39.46 39 39 39 39 39 38 38 [+]
Social Security Rate For Companies 19.28 19 19 19 19 19 19 19 [+]
Social Security Rate For Employees 20.18 20 20 20 20 20 20 20 [+]





This page includes economic forecasts for Germany. 10/22/2014