Germany | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 1.11 1.1 1.05 1.15 1.2 1.1 [+]
Government Bond 10Y 0.60 0.23 0.23 4 5 5 [+]
Stock Market 11815.01 12659 12633 16632 22454 28523 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 3634.82 3785 3793 5101 8248 13542 [+]
GDP Growth Rate 0.30 0.6 0.7 0.6 0.7 0.3 [+]
GDP Annual Growth Rate 1.10 1.2 1.4 2.15 2.05 2.1 [+]
GDP Constant Prices 687.77 687 688 710 760 850 [+]
Gross National Product 749.74 765 769 784 807 882 [+]
GDP per capita 38291.62 38754 38958 42380 49380 63380 [+]
Gross Fixed Capital Formation 138.17 138 139 144 152 166 [+]
GDP per capita PPP 42045.25 44105 44109 49120 59120 68120 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 4.70 4.7 4.6 5 5.9 5.9 [+]
Employed Persons 42730.00 42752 42753 45477 52491 61491 [+]
Unemployed Persons 2842.80 2973 2981 2800 2901 2801 [+]
Job Vacancies 551.60 525 527 567 553 542 [+]
Long Term Unemployment Rate 2.10 2 2 3.2 4.09 4.5 [+]
Youth Unemployment Rate 7.20 7.1 7 7.48 8.66 9.22 [+]
Productivity 102.70 104 103 108 112 120 [+]
Wages 3449.00 3532 3545 3800 4322 4979 [+]
Wages in Manufacturing 102.00 102 102 109 116 129 [+]
Labour Costs 108.13 108 109 111 116 127 [+]
Population 81.08 81.12 81.16 82.32 81.34 77.34 [+]
Retirement Age Women 65.30 65.3 65.3 66 67 69 [+]
Retirement Age Men 65.30 65.3 65.3 66 67 69 [+]
Minimum Wages 8.50 8.5 8.5 8.8 9.1 9.8 [+]
Unemployment Change -8.00 -17.63 -15.64 -3.69 0.69 0.69 [+]
Wage Growth 2.20 1.54 1.37 0.62 0.61 0.61 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 0.50 0.45 0.73 1.2 2.18 2.43 [+]
Inflation Rate Mom -0.10 0.3 0.49 0.5 0.2 0.2 [+]
Consumer Price Index CPI 107.00 107 107 113 119 132 [+]
Harmonised Consumer Prices 116.40 117 117 118 124 134 [+]
Producer Prices 104.50 105 105 107 112 123 [+]
Producer Prices Change -1.50 -1.5 -0.3 1.9 2.13 2.13 [+]
Export Prices 105.30 105 105 113 123 153 [+]
Import Prices 102.60 103 103 110 123 146 [+]
Food Inflation 0.18 0.63 0.71 1.15 1.48 1.48 [+]
Core Consumer Prices 105.90 106 106 109 113 122 [+]
Core Inflation Rate 1.24 1.11 1.21 1.29 1.36 1.37 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.05 0.05 0.05 1.5 2.5 3.25 [+]
Interbank Rate -0.01 0.07 0.11 0.74 1.98 4.47 [+]
Money Supply M1 1616.80 1645 1676 2274 3289 4910 [+]
Money Supply M2 2470.80 2495 2518 3006 3910 5020 [+]
Money Supply M3 2499.40 2519 2534 3521 4123 5683 [+]
Foreign Exchange Reserves 171758.38 174772 178910 189125 199915 221915 [+]
Loans to Private Sector 2619485.00 2634236 2648791 3135883 4217085 5865294 [+]
Banks Balance Sheet 8113719.00 8180894 8302808 9933728 18945562 28945570 [+]
Central Bank Balance Sheet 847.90 851 876 1086 1421 2290 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade 23000.00 14966 15437 14500 15564 16564 [+]
Exports 107541.00 91968 92131 96603 97465 103466 [+]
Imports 84510.00 76567 76683 79118 85901 91901 [+]
Current Account 27900.00 18370 19254 36585 2972 33787 [+]
Current Account to GDP 7.50 7.6 7.6 7.9 6.6 5.2 [+]
External Debt 4605224.00 4723968 4772266 4241950 4571391 4960307 [+]
Foreign Direct Investment 5964.00 2524 2795 2401 2701 3601 [+]
Remittances -863.00 -863 -863 -896 -851 -851 [+]
Capital Flows 22442.00 31621 38882 -3727 -3801 -3574 [+]
Gold Reserves 3384.19 3384 3384 3384 3384 3384 [+]
Crude Oil Production 46.00 46 46 46 46 46 [+]
Tourist Arrivals 32999.00 34004 34154 33915 31922 30721 [+]
Government Actual Q2/15 Q3/15 2020 2030 2050
Government Budget 0.70 0.31 0.21 1.22 -1.77 -1.77 [+]
Government Debt to GDP 74.70 74.8 74.8 71.92 66.73 66.73 [+]
Government Budget Value 6.17 5.79 4.42 -8.77 -8.77 -8.77 [+]
Government Spending 130.02 129 129 134 140 148 [+]
Government Spending to GDP 44.30 45.35 45.35 45.54 47.06 47.06 [+]
Credit Rating 98.47 [+]
Government Debt 1826587.20 1799304 1786266 1626540 1560153 1551776 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Business Confidence 108.50 108 108 107 102 102 [+]
Manufacturing PMI 51.40 52.9 53.1 50.62 50.62 50.62 [+]
Services PMI 52.90 55.7 55.9 53.35 53.35 53.35 [+]
Industrial Production -0.10 0.9 0.8 1.27 1.57 1.57 [+]
Industrial Production Mom -0.50 0.12 0.3 0.4 0.08 0.08 [+]
Manufacturing Production -0.80 -1.12 1.2 1.51 1.33 1.33 [+]
Capacity Utilization 84.40 84.4 84.4 83.43 83.43 81.52 [+]
Factory Orders 0.90 -0.97 1.38 0.53 0.18 0.18 [+]
New Orders 109.30 110 109 119 128 149 [+]
Changes in Inventories -11.48 -14.34 -14.35 -12.5 -12.48 -12.48 [+]
Bankruptcies 1879.00 1871 1919 1868 1868 1868 [+]
Corporate Profits 171.48 173 174 180 186 200 [+]
Zew Economic Sentiment Index 41.90 57.89 58.87 45.64 47.81 49.98 [+]
Car Registrations 291395.00 244660 253004 321085 431114 521114 [+]
Composite Pmi 52.80 54.06 55.8 53.47 53.47 53.47 [+]
Mining Production 8.24 -2.23 -5.62 -1.51 -3.31 -3.31 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 10.10 9.9 9.8 7.65 5.14 5.14 [+]
Retail Sales MoM -2.30 1.76 2.14 0.23 -0.04 -0.04 [+]
Retail Sales YoY 3.50 3.44 3.91 1.22 0.13 0.13 [+]
Consumer Spending 385.50 386 388 453 583 783 [+]
Disposable Personal Income 449.28 454 459 592 852 1152 [+]
Personal Savings 9.80 9.7 9.5 10.12 12.15 12.15 [+]
Consumer Credit 222441.00 223498 223537 233323 263323 313323 [+]
Bank Lending Rate 2.70 2.71 2.72 3.75 4.2 4.2 [+]
Gasoline Prices 1.60 1.63 1.67 1.9 2.05 2.05 [+]
Housing Actual Q2/15 Q3/15 2020 2030 2050
Housing Index 120.03 123 127 149 167 188 [+]
Construction Output 1.00 0.45 1.05 0.6 0.07 0.07 [+]
Building Permits 18219.00 19467 20191 17925 17925 17925 [+]
Construction Orders 0.70 1.1 0.59 -0.86 -1.22 -1.22 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 29.65 29.65 29.65 29.65 29.65 29.65 [+]
Personal Income Tax Rate 47.50 47.5 47.5 48.5 50.32 50.32 [+]
Sales Tax Rate 19.00 19 19 19 19 19 [+]
Social Security Rate 39.46 39.46 39.46 39.99 39.99 39.99 [+]
Social Security Rate For Companies 19.28 19.28 19.28 19.73 19.73 19.73 [+]
Social Security Rate For Employees 20.18 18.98 18.98 20.18 20.27 20.27 [+]