Germany | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 1.13 1.1 1.05 1.02 1 1.25 [+]
Stock Market 10282.72 11633 11851 11910 12100 16632 Index points [+]
Government Bond 10Y 0.74 0.98 1 0.7 0.7 4 percent [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 3852.56 3877 3890 3912 3935 4794 USD Billion [+]
GDP Growth Rate 0.40 0.4 0.5 0.2 0.3 0.9 percent [+]
GDP Annual Growth Rate 1.60 1.4 1.5 1.2 1.1 2.15 percent [+]
GDP Constant Prices 694.18 692 694 695 697 721 EUR Billion [+]
Gross National Product 766.84 778 783 773 776 847 EUR Billion [+]
GDP per capita 39717.70 38658 38762 38765 38772 42380 USD [+]
Gross Fixed Capital Formation 138.94 139 140 140 140 144 EUR Billion [+]
GDP per capita PPP 43443.70 44109 44111 44113 44116 49120 USD [+]
Gdp From Agriculture 3.88 3.91 3.83 3.79 3.81 3.83 EUR Billion [+]
Gdp From Construction 31.58 33.67 34.37 26.3 32.2 34.38 EUR Billion [+]
Gdp From Manufacturing 154.99 157 154 154 156 156 EUR Billion [+]
Gdp From Public Administration 119.54 123 130 128 124 150 EUR Billion [+]
Gdp From Services 107.06 108 108 102 109 112 EUR Billion [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 4.70 4.6 4.6 4.5 4.5 4.1 percent [+]
Employed Persons 42822.00 42859 42896 42927 42950 45477 Thousand [+]
Unemployed Persons 2772.60 2781 2762 2774 2735 2800 Thousand [+]
Job Vacancies 588.70 527 533 560 557 567 Thousand [+]
Long Term Unemployment Rate 2.20 2 1.9 2 2.1 3.2 percent [+]
Youth Unemployment Rate 7.10 7 6.9 6.8 6.7 7.48 percent [+]
Productivity 102.50 103 104 104 104 108 Index Points [+]
Wages 3527.00 3577 3595 3608 3621 3800 EUR/Month [+]
Wages in Manufacturing 104.60 103 142 103 104 110 Index Points [+]
Labour Costs 109.14 109 109 109 110 113 Index Points [+]
Population 81.17 81.22 81.25 81.28 81.33 82.32 Million [+]
Retirement Age Women 65.30 65.3 65.3 65.3 65.3 66 [+]
Retirement Age Men 65.30 65.3 65.3 65.3 65.3 66 [+]
Minimum Wages 8.50 8.5 8.5 8.5 8.5 8.8 EUR/Hour [+]
Unemployment Change 9.00 11 15 10 5 1 Thousand [+]
Wage Growth 2.50 2.7 2.9 3.1 3.2 1.56 percent [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 0.20 0.4 0.6 0.8 1.2 3.2 percent [+]
Inflation Rate Mom 0.20 0.3 0.5 0.2 0.3 0.5 percent [+]
Consumer Price Index CPI 107.20 107 108 108 108 116 Index Points [+]
Harmonised Consumer Prices 116.70 117 117 117 117 124 Index Points [+]
Producer Prices 104.40 105 105 105 104 110 Index Points [+]
Producer Prices Change -1.30 -0.9 -0.2 0.5 0.9 1.9 percent [+]
Export Prices 105.40 105 105 106 105 113 Index Points [+]
Import Prices 101.80 101 101 101 101 110 Index Points [+]
Food Inflation 0.40 0.71 0.91 0.8 0.7 1.15 percent [+]
Core Consumer Prices 106.30 106 107 107 107 111 Index Points [+]
Core Inflation Rate 1.14 1.1 1.2 1.3 1.4 1.8 percent [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 0.05 0.05 0.05 0.05 0.05 1.5 percent [+]
Interbank Rate -0.03 0.11 0.18 0.27 0.22 1.5 percent [+]
Money Supply M1 1679.60 1709 1711 1778 1811 2387 EUR Billion [+]
Money Supply M2 2521.50 2558 2576 2598 2624 3068 EUR Billion [+]
Money Supply M3 2553.20 2563 2584 2606 2643 3521 EUR Billion [+]
Foreign Exchange Reserves 168299.08 166770 165480 164305 163166 189125 EUR Million [+]
Loans to Private Sector 1305.93 1343 1369 1384 1390 1496 EUR Billion [+]
Banks Balance Sheet 8053457.00 8158377 8173637 8202449 8226989 9933728 EUR Million [+]
Central Bank Balance Sheet 903.50 923 968 975 982 1486 EUR Billion [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade 24000.00 15437 15399 22524 22917 14500 EUR Million [+]
Exports 105934.00 92131 92495 101398 101354 101500 EUR Million [+]
Imports 81896.00 76683 76752 79619 79562 79118 EUR Million [+]
Current Account 24400.00 19254 19488 20822 20858 19963 EUR Million [+]
Current Account to GDP 7.60 7.6 7.6 7.18 7.04 6.2 percent [+]
External Debt 4942767.00 5074604 4971668 5025005 4915363 4995611 EUR Million [+]
Foreign Direct Investment 8977.00 2795 2863 2732 2492 1401 EUR Million [+]
Remittances -881.00 -881 -881 -881 -897 -896 EUR Million [+]
Capital Flows 22992.00 38882 24908 14158 12301 -3727 EUR Million [+]
Gold Reserves 3383.41 3383 3382 3382 3382 3398 Tonnes [+]
Crude Oil Production 46.00 46 46 46 46 46.29 BBL/D/1K [+]
Tourist Arrivals 32999.00 33178 33456 33525 33594 31781 Thousand [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget 0.70 0.21 0.2 0.5 0.5 -1.1 percent of GDP [+]
Government Debt to GDP 74.70 74.1 73.8 73.3 73 71.92 percent [+]
Government Budget Value 12.62 7 4 7 3 -3 EUR Billion [+]
Government Spending 131.39 129 130 133 133 134 EUR Billion [+]
Government Spending to GDP 43.90 45.35 45.35 44.06 45.35 45.54 percent [+]
Credit Rating 98.47 [+]
Fiscal Expenditure 332.85 298 331 299 301 328 EUR Billion [+]
Government Debt 1820909.70 1783078 1764362 1746262 1729727 1805866 EUR Million [+]
Government Revenues 345.47 305 335 306 304 325 EUR Billion [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 108.30 108 109 107 106 104 [+]
Manufacturing PMI 53.20 53.1 53.4 54.21 53.88 50.65 [+]
Services PMI 53.60 55.9 56.2 52.57 52.36 52.79 Index Points [+]
Industrial Production 0.60 0.8 0.7 1.63 1.6 1.17 percent [+]
Industrial Production Mom -1.40 0.3 0.5 -0.07 -0.05 0.2 percent [+]
Manufacturing Production 0.80 1.2 2.1 2.05 1.95 1.51 percent [+]
Capacity Utilization 84.20 84.2 84.4 83.73 84.4 83.44 percent [+]
Factory Orders 2.00 1.38 1.07 0.86 0.17 0.53 percent [+]
New Orders 113.70 109 110 114 113 119 Index Points [+]
Changes in Inventories -9.22 -6.54 -6.72 -4.46 -3.99 -5 EUR Billion [+]
Bankruptcies 1761.00 1942 1924 1917 1914 1696 Companies [+]
Corporate Profits 178.09 199 206 210 216 252 EUR Billion [+]
Zew Economic Sentiment Index 25.00 58.87 59.52 20.21 29.06 24.93 [+]
Car Registrations 290196.00 253004 262867 268780 265668 321085 Cars [+]
Car Production 532400.00 521147 522547 564121 523654 454180 [+]
Competitiveness Index 5.48 5.48 5.48 5.48 5.48 5.45 Points [+]
Competitiveness Rank 5.00 5 5 5 5 5.78 [+]
Composite Pmi 54.00 55.8 56.96 53.71 53.56 53.74 Index Points [+]
Corruption Index 79.00 79 79 79 79 79.07 Points [+]
Corruption Rank 12.00 12 12 12 12 14.8 [+]
Ease of Doing Business 14.00 14 14 14 14 20.57 [+]
Mining Production -6.80 -5.62 2.15 -3.72 -3.52 -1.51 percent [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 9.90 10 10.1 10.2 10.3 7.65 [+]
Retail Sales MoM -2.30 0.07 2.3 0.11 0.11 0.03 percent [+]
Retail Sales YoY 5.10 1.83 1.54 1.62 1.83 1.22 percent [+]
Consumer Spending 382.11 388 392 393 395 453 EUR Billion [+]
Disposable Personal Income 449.87 454 458 463 465 592 EUR Billion [+]
Personal Savings 9.70 9.2 9.3 9.61 9.57 10.12 percent [+]
Consumer Credit 221850.00 223537 223630 220997 223891 253323 EUR Million [+]
Bank Lending Rate 2.60 2.51 2.35 2.43 2.67 3.75 percent [+]
Gasoline Prices 1.62 1.69 1.71 1.75 1.78 1.9 USD/Liter [+]
Private Sector Credit 2620798.00 2631552 2637272 2619615 2618982 2753676 EUR Million [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index 122.26 127 129 131 133 149 Index Points [+]
Construction Output -3.90 1.05 1.15 0.64 0.8 0.6 percent [+]
Building Permits 24084.00 20191 20203 19292 18471 17435 [+]
Construction Orders 3.20 0.59 1.39 0.66 0.3 -0.82 percent [+]
Home Ownership Rate 52.60 52.6 52.6 52.6 52.6 53.16 percent [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 29.65 29.65 29.65 29.65 29.65 39.78 percent [+]
Personal Income Tax Rate 47.50 47.5 47.5 47.5 47.5 50.32 percent [+]
Sales Tax Rate 19.00 19 19 19 19 17.69 percent [+]
Social Security Rate 39.46 39.46 39.46 39.46 39.46 39.99 percent [+]
Social Security Rate For Companies 19.28 19.28 19.28 19.28 19.28 19.73 percent [+]
Social Security Rate For Employees 20.18 20.18 20.18 20.18 20.18 20.26 percent [+]



Economic Forecasts for Germany including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Germany economy. 8/27/2015