Germany | Economic Forecasts | 2014-2050 Outlook


Markets Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Currency 1.25 1.26 1.25 1.25 1.25 1.26 1.28 1.33 [+]
Government Bond 10Y 0.80 0.66 0.51 0.58 0.59 0.46 0.8 0.82 [+]
Stock Market 9114.84 8774 8811 8883 8952 10414 13197 18764 [+]
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 0.16 0.2 0.31 0.32 0.2 0.2 0.2 [+]
GDP Annual Growth Rate 0.80 2.1 1.83 1.58 1.4 1.42 2.08 1.2 [+]
GDP Constant Prices 679.49 679 679 679 679 686 689 696 [+]
Gross National Product 715.87 735 736 736 736 736 739 746 [+]
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 42094 42100 42105 42109 42542 42752 43173 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 5.00 4.8 5.3 4.6 4.5 4.9 4.9 4.9 [+]
Employed Persons 42666.00 42917 43119 43279 43427 44709 44967 45410 [+]
Unemployed Persons 2732.80 2657 2743 2664 2724 2695 2696 2698 [+]
Job Vacancies 502.00 426 484 498 481 418 419 419 [+]
Long Term Unemployment Rate 2.30 2.31 2.31 2.3 2.29 2.31 2.31 2.31 [+]
Youth Unemployment Rate 7.60 7.65 7.62 7.56 7.55 7.71 7.81 7.85 [+]
Productivity 101.30 104 104 104 104 104 105 106 [+]
Wages 3449.00 3501 3511 3525 3539 3680 3705 3702 [+]
Wages in Manufacturing 148.60 103 100 98.92 97.53 94.61 95.05 95.99 [+]
Labour Costs 110.09 111 111 110 110 111 112 113 [+]
Population 80.52 80.64 80.66 80.68 80.69 80.76 80.76 80.76 [+]
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 0.7 [+]
Inflation Rate Mom -0.30 0.55 0.18 0.16 -0.08 0.53 0.53 0.53 [+]
Consumer Price Index CPI 107.00 107 108 108 109 118 133 165 [+]
Harmonised Consumer Prices 116.60 116 116 116 116 116 116 116 [+]
Producer Prices 105.70 106 106 106 106 107 107 108 [+]
Producer Prices Change -1.00 -1 -1.01 -0.98 -0.89 0.16 0.41 0.66 [+]
Export Prices 104.10 104 104 104 104 105 106 107 [+]
Import Prices 103.80 103 103 103 103 104 105 106 [+]
Food Inflation 1.00 -0.78 -1.25 -1.19 -0.67 -0.04 0.14 0.14 [+]
Money Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.05 0.05 0.05 0.05 0.05 0.65 1.6 2.25 [+]
Interbank Rate 0.20 0.52 0.3 0.32 0.34 0.84 1.79 3.69 [+]
Money Supply M1 1493.30 1545 1570 1595 1619 2127 2942 4164 [+]
Money Supply M2 2344.80 2385 2405 2424 2444 2885 3690 5302 [+]
Money Supply M3 2369.60 2395 2400 2402 2404 2429 2441 2465 [+]
Foreign Exchange Reserves 154885.35 149143 150777 150030 154560 158015 150918 154369 [+]
Loans to Private Sector 2567023.00 2553335 2547130 2541068 2535116 2428996 2299935 2190621 [+]
Trade Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Balance of Trade 14100.00 16196 19757 19481 19559 16308 16449 16612 [+]
Exports 84100.00 91167 97633 95739 95457 91593 92084 92991 [+]
Imports 70000.00 74970 77876 76258 75898 75286 75635 76379 [+]
Current Account 10300.00 20806 19704 17696 17058 20707 20707 20707 [+]
Current Account to GDP 7.50 7.89 8.04 8.17 8.28 8.46 8.98 9.01 [+]
External Debt 643267.00 582398 580386 569658 586193 609827 605971 606058 [+]
Foreign Direct Investment -2158.93 2284 2334 2394 2403 2416 2416 2416 [+]
Remittances -863.00 982 737 589 491 368 295 246 [+]
Capital Flows -30424.90 -30700 -28588 -28382 -26634 -30144 -30150 -30150 [+]
Gold Reserves 3384.19 3384 3384 3384 3384 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 6.31 4.21 10.09 9 5.77 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 103.20 107 107 106 105 107 107 107 [+]
Manufacturing PMI 51.80 52.74 53.91 53.76 53.39 53.36 53.36 53.36 [+]
Services PMI 54.80 56.16 56.08 56.43 55.96 56.13 56.12 56.12 [+]
Industrial Production -2.80 -0.31 -0.51 -0.96 -0.82 0.23 0.02 0.02 [+]
Industrial Production Mom -4.00 -1.8 -1.37 -1.31 -1.32 0.1 0.35 0.6 [+]
Manufacturing Production -2.10 1.06 0.94 0.49 0.69 0.45 1.37 0.81 [+]
Capacity Utilization 84.00 84.56 84.67 84.62 84.44 84.28 84.11 84.11 [+]
Factory Orders -5.70 -1.06 -0.93 -1 -1.21 -0.65 -0.65 -0.65 [+]
New Orders 110.80 110 110 110 110 109 109 109 [+]
Changes in Inventories -3.26 -3.76 -3.94 -4.02 -4.07 -4.22 -4.21 -4.21 [+]
Bankruptcies 2111.00 1775 1928 1724 1663 1692 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 23.8 8.88 1.19 [+]
Car Registrations 270249.00 202094 313333 279934 233951 206631 207681 209727 [+]
Composite Pmi 54.30 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 8.50 8.87 8.64 9.32 9.21 8.58 8.62 8.62 [+]
Retail Sales MoM -3.20 0.16 0.67 0.69 0.73 0.17 0.17 0.17 [+]
Retail Sales YoY 2.30 -0.31 0.72 0.84 0.55 0.21 0.46 0.71 [+]
Consumer Spending 354.20 353 354 354 353 357 359 362 [+]
Disposable Personal Income 441.79 443 443 443 443 447 449 454 [+]
Personal Savings 9.90 9.93 9.9 9.93 9.94 9.94 9.94 9.94 [+]
Consumer Credit 222623.00 222446 222445 222445 222446 224671 225783 228008 [+]
Bank Lending Rate 2.97 3.19 3.05 3.11 3.19 3.15 3.15 3.15 [+]
Housing Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Housing Index 140.40 153 155 156 155 151 151 151 [+]
Construction Output -1.20 2.47 2.82 2.42 2.79 5.39 5.39 5.39 [+]
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 47 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. 10/31/2014