Germany | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 1.13 1.12 1.09 1.1 1.17 1.32 [+]
Government Bond 10Y 0.31 0.4 0.4 0.4 0.4 0.4 [+]
Stock Market 10710.97 10131 10121 9034 7550 5818 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 3634.82 3709 3739 4362 5437 7587 [+]
GDP Growth Rate 0.25 -0.11 0.5 0.3 0.2 0.09 [+]
GDP Annual Growth Rate 1.20 1.31 1.15 1.17 1.46 1.22 [+]
GDP Constant Prices 681.10 681 682 682 682 682 [+]
Gross National Product 745.71 767 772 771 766 756 [+]
GDP per capita 38291.62 38348 38354 38380 38380 38380 [+]
Gross Fixed Capital Formation 134.91 137 137 137 137 137 [+]
GDP per capita PPP 42045.25 42094 42100 42120 42120 42120 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 4.80 5.95 5.32 5.36 5.8 5.53 [+]
Employed Persons 42733.00 43002 43117 43782 43797 43797 [+]
Unemployed Persons 2763.50 2891 2798 2844 2845 2846 [+]
Job Vacancies 497.80 572 607 544 541 541 [+]
Long Term Unemployment Rate 2.30 2.31 2.31 2.3 2.3 2.3 [+]
Youth Unemployment Rate 7.40 7.42 7.31 7.47 7.78 7.78 [+]
Productivity 101.60 101 101 101 101 101 [+]
Wages 3449.00 3501 3511 3680 3705 3702 [+]
Wages in Manufacturing 167.00 107 108 108 108 108 [+]
Labour Costs 107.87 107 106 107 107 107 [+]
Population 80.52 80.66 80.68 80.82 80.83 80.83 [+]
Retirement Age Women 65.17 63 65 65 66 65 [+]
Retirement Age Men 65.17 63 65 65 66 65 [+]
Minimum Wages 8.50 [+]
Unemployment Change -8.00 -12.75 -15.64 -12.86 -12.87 -12.87 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 0.20 0.28 0.15 0.31 0.31 0.31 [+]
Inflation Rate Mom 0.00 -0.14 -0.08 0.2 0.2 0.2 [+]
Consumer Price Index CPI 106.70 107 107 111 117 123 [+]
Harmonised Consumer Prices 116.30 116 116 116 116 116 [+]
Producer Prices 104.80 104 104 103 103 103 [+]
Producer Prices Change -1.70 -1.28 -1.33 0.13 0.39 0.64 [+]
Export Prices 103.90 104 103 103 103 103 [+]
Import Prices 101.00 99.31 98.76 97.72 97.72 97.72 [+]
Food Inflation -0.63 -0.78 -1.25 -0.04 0.14 0.14 [+]
Core Consumer Prices 105.90 106 106 114 126 145 [+]
Core Inflation Rate 1.34 1.34 1.31 1.29 1.36 1.37 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 0.05 0.05 0.05 0.65 1.6 2.25 [+]
Interbank Rate 0.07 0.04 0.02 0.95 2.15 4.55 [+]
Money Supply M1 1575.20 1605 1635 2235 3199 4723 [+]
Money Supply M2 2389.60 2418 2439 2888 3600 4691 [+]
Money Supply M3 2418.80 2428 2434 2441 2441 2441 [+]
Foreign Exchange Reserves 158745.13 158840 157876 157864 157907 157906 [+]
Loans to Private Sector 2590117.00 2587787 2588206 2595761 2601710 2604276 [+]
Banks Balance Sheet 7891868.00 7940740 7986018 8217856 8222719 8222723 [+]
Central Bank Balance Sheet 725.50 684 673 665 665 665 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade 17883.46 21853 22034 19342 19404 19405 [+]
Exports 95969.39 102030 101104 96481 96642 96643 [+]
Imports 78085.93 80177 79070 77139 77238 77238 [+]
Current Account 18590.50 22662 21313 23542 23540 23540 [+]
Current Account to GDP 7.50 7.57 7.58 7.63 7.63 7.63 [+]
External Debt 658492.26 651283 645808 665384 666200 645595 [+]
Foreign Direct Investment -2158.93 2243 2276 2342 2342 2342 [+]
Remittances -863.00 982 737 368 295 246 [+]
Capital Flows -30424.90 -29924 -27914 -29381 -29383 -29383 [+]
Gold Reserves 3384.19 3384 3384 3384 3384 3384 [+]
Crude Oil Production 47.00 28.64 29.37 29.64 28.7 28.81 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget 0.00 -0.08 -0.24 -1.21 -1.27 -1.27 [+]
Government Debt to GDP 76.90 74.1 75.2 74 73.97 73.97 [+]
Government Budget Value 6.17 -2.23 -4.46 -1.79 -1.79 -1.79 [+]
Government Spending 128.69 133 136 135 135 135 [+]
Government Spending to GDP 44.30 44.34 44.35 44.36 44.36 44.36 [+]
Credit Rating 98.47 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 106.70 104 103 106 102 108 [+]
Manufacturing PMI 51.00 51.42 51.83 51.61 51.61 51.61 [+]
Services PMI 52.70 52.76 52.64 52.81 52.83 52.83 [+]
Industrial Production -0.50 -1.49 -1.9 0.16 0.45 0.7 [+]
Industrial Production Mom -0.10 -0.07 -0.15 0.21 0.46 0.71 [+]
Manufacturing Production -0.30 -0.51 -1 0.15 1.27 0.66 [+]
Capacity Utilization 83.70 84.53 84.12 84.04 84.01 84 [+]
Factory Orders -2.40 0.56 0.29 0.55 0.55 0.55 [+]
New Orders 108.40 109 109 109 109 109 [+]
Changes in Inventories -11.44 -9.85 -9.54 -8.36 -8.38 -8.38 [+]
Bankruptcies 2125.00 2165 2032 2033 2036 2044 [+]
Corporate Profits 172.98 182 182 182 182 182 [+]
Zew Economic Sentiment Index 48.40 22.91 23.55 15.39 14.82 14.8 [+]
Car Registrations 229700.00 350085 310298 234736 234732 234732 [+]
Composite Pmi 52.60 50.54 49.46 49.51 53.49 50.99 [+]
Mining Production 3.48 -0.39 -1.78 -3.31 -3.31 -3.31 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 9.30 8.77 9.59 9.28 9.27 9.27 [+]
Retail Sales MoM 1.00 0.33 0.36 0.23 0.48 0.73 [+]
Retail Sales YoY -0.80 0.7 0.84 0.22 0.47 0.72 [+]
Consumer Spending 380.74 381 380 380 380 380 [+]
Disposable Personal Income 445.44 447 448 448 448 448 [+]
Personal Savings 9.30 8.87 8.87 9.02 9.02 9.02 [+]
Consumer Credit 223458.00 223387 223348 223323 223323 223323 [+]
Bank Lending Rate 2.82 2.57 2.57 2.8 2.77 2.77 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 133.00 126 125 125 125 125 [+]
Construction Output -0.60 -3.67 -3.95 0.16 0.17 0.17 [+]
Building Permits 18366.00 19378 18467 18000 18000 18000 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 29.60 29.56 29.56 29.54 29.54 29.54 [+]
Personal Income Tax Rate 47.50 47.5 47.5 47.5 47.5 47.5 [+]
Sales Tax Rate 19.00 19 19 19 19 19 [+]
Social Security Rate 39.46 38.76 38.72 38.41 38.4 38.4 [+]
Social Security Rate For Companies 19.28 18.9 18.88 18.69 18.68 18.68 [+]
Social Security Rate For Employees 20.18 19.87 19.86 19.76 19.75 19.75 [+]