Germany | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 1.11 1.12 1.08 1.09 1.16 1.32 [+]
Government Bond 10Y 0.36 0.4 0.4 0.4 0.4 0.4 [+]
Stock Market 11280.36 10949 11042 9984 8454 6523 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 3634.82 3862 3920 5101 7248 11542 [+]
GDP Growth Rate 0.70 0.17 0.5 0.3 0.2 0.31 [+]
GDP Annual Growth Rate 1.60 1.23 1.16 1.26 1.33 1.5 [+]
GDP Constant Prices 685.90 688 689 690 690 690 [+]
Gross National Product 749.74 760 765 770 769 765 [+]
GDP per capita 38291.62 38348 38354 38380 38380 38380 [+]
Gross Fixed Capital Formation 136.71 136 136 136 136 136 [+]
GDP per capita PPP 42045.25 42100 42105 42120 42120 42120 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 4.70 5.3 4.48 4.77 4.78 4.78 [+]
Employed Persons 42799.00 42883 42975 43477 43491 43491 [+]
Unemployed Persons 3017.00 2907 2773 2855 2857 2859 [+]
Job Vacancies 518.90 562 596 537 533 533 [+]
Long Term Unemployment Rate 4.90 5.84 6.62 8.46 8.5 8.5 [+]
Youth Unemployment Rate 7.20 7.25 7.08 4.86 3.55 3.2 [+]
Productivity 102.40 101 102 102 102 102 [+]
Wages 3449.00 3501 3511 3680 3705 3702 [+]
Wages in Manufacturing 103.60 106 106 106 106 106 [+]
Labour Costs 108.13 108 107 108 108 108 [+]
Population 80.82 80.89 80.95 81.32 81.34 81.34 [+]
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 -20.00 -20.72 -26.54 -22.67 -22.69 -22.69 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 0.10 -0.6 -0.32 -0.12 2.18 2.43 [+]
Inflation Rate Mom 0.90 -0.23 -0.2 0.09 0.09 0.09 [+]
Consumer Price Index CPI 106.50 106 107 109 113 116 [+]
Harmonised Consumer Prices 115.90 116 116 116 116 116 [+]
Producer Prices 104.20 104 103 102 102 102 [+]
Producer Prices Change -2.20 -1.65 -1.8 0.09 0.35 0.6 [+]
Export Prices 104.40 105 105 106 106 106 [+]
Import Prices 100.20 99.42 98.9 97.9 97.9 97.9 [+]
Food Inflation -0.98 -0.78 -1.25 -0.04 0.14 0.14 [+]
Core Consumer Prices 104.90 106 106 111 120 133 [+]
Core Inflation Rate 1.06 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 1.5 2.5 3.25 [+]
Interbank Rate 0.05 0.05 0.04 0.95 2.13 4.53 [+]
Money Supply M1 1586.20 1600 1630 2222 3174 4674 [+]
Money Supply M2 2425.20 2439 2462 2937 3692 4853 [+]
Money Supply M3 2455.00 2466 2490 2521 2521 2521 [+]
Foreign Exchange Reserves 176740.60 165816 166743 154345 168844 152390 [+]
Loans to Private Sector 2589547.00 2587023 2587369 2592863 2597185 2599055 [+]
Banks Balance Sheet 7844328.00 7881640 7915060 8073319 8076869 8076872 [+]
Central Bank Balance Sheet 805.70 837 854 887 887 887 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade 19000.00 22006 22324 19662 19758 19759 [+]
Exports 90095.56 100014 98871 94880 94977 94978 [+]
Imports 71151.14 78008 76546 75217 75219 75219 [+]
Current Account 25300.00 23944 23502 55264 108071 213682 [+]
Current Account to GDP 7.50 7.57 7.58 7.63 7.63 7.63 [+]
External Debt 677908.21 665105 661629 1044048 2929851 8230893 [+]
Foreign Direct Investment -11043.00 147 805 2001 2001 2001 [+]
Remittances -863.00 982 737 368 295 246 [+]
Capital Flows 29218.15 46319 54736 42679 42968 42968 [+]
Gold Reserves 3384.19 3384 3384 3384 3384 3384 [+]
Crude Oil Production 46.00 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 128.98 132 134 133 133 133 [+]
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 106.80 105 104 106 103 108 [+]
Manufacturing PMI 51.10 50.85 51.05 50.99 50.99 50.99 [+]
Services PMI 54.70 53.42 53.38 53.04 53.63 53.9 [+]
Industrial Production -0.40 -1.45 -1.92 0.06 0.4 0.87 [+]
Industrial Production Mom 0.10 0.34 0.29 0.24 0.49 0.74 [+]
Manufacturing Production 2.50 -0.14 -0.45 0.23 0.45 0.44 [+]
Capacity Utilization 84.60 84.53 84.76 84.04 84.01 84 [+]
Factory Orders 4.20 1.88 1.67 1.77 1.77 1.77 [+]
New Orders 112.90 110 111 110 110 110 [+]
Changes in Inventories -11.48 -13.63 -14.34 -12.5 -12.48 -12.48 [+]
Bankruptcies 1816.00 2132 1983 1985 1985 1985 [+]
Corporate Profits 171.48 182 182 182 182 182 [+]
Zew Economic Sentiment Index 53.00 34.75 39.89 696 2998 380 [+]
Car Registrations 211337.00 346986 307471 232639 232646 232646 [+]
Composite Pmi 53.80 54.13 54.19 53.53 53.53 53.53 [+]
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 9.70 9.4 9.97 9.28 9.27 9.27 [+]
Retail Sales MoM 2.90 1.76 2.14 2.15 2.15 2.15 [+]
Retail Sales YoY 5.30 3.44 3.91 2.59 2.59 2.59 [+]
Consumer Spending 383.47 383 383 383 383 383 [+]
Disposable Personal Income 449.28 452 452 452 452 452 [+]
Personal Savings 9.80 9.43 9.48 9.43 9.42 9.42 [+]
Consumer Credit 223458.00 223758 223804 223846 223846 223846 [+]
Bank Lending Rate 2.78 2.54 2.53 2.75 2.72 2.72 [+]
Gasoline Prices 1.50 1.6 1.65 1.56 1.51 1.45 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 153.70 136 136 138 138 138 [+]
Construction Output -4.70 -6.5 -7.59 -2.99 -2.99 -2.99 [+]
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 [+]