germany gdp growth 2020
Renewed trade tensions are the biggest risk to that view. Real GDP Growth YoY data in Germany is updated quarterly, available from Mar 1992 to Jun 2020, with an average rate of 1.6 %. German 10-year bonds slipped for a second day, declining three basis points to -0.20%. Leading indicators have turned up into 2020 and we see the worst as being over for for the German economy. Economists see growth accelerating to only 0.7% this year.
<> This has been the longest period of growth in united Germany.
As the world’s third-largest exporter, it acts as a bellwether for the global economy, which is widely estimated to have had its worst year since the Great Recession a decade ago. Manufacturing orders continued to decline late last year, and exports dropped. The euro was little changed against the dollar following the remarks. -- Jamie Rush. Real GDP Growth YoY data in Germany is updated quarterly, available from Mar 1992 to Jun 2020, with an average rate of 1.6 %. Forecast: GDP PPP Per Capita (PPP Intl $), Total Trade of Goods & Services: % of Nominal GDP (%), GDP: DD: GCF: Changes in Inventories (EUR bn), GDP: DD: Final Consumption Expenditure (FCE) (EUR bn), GDP: DD: FCE: Households & NPISH (EUR bn), GDP: DD: Gross Capital Formation (GCF) (EUR bn), GDP: swda: DD: Gross Capital Formation (GCF) (EUR bn), GDP: swda: DD: Final Consumption Expenditure (FCE) (EUR bn), GDP: swda: DD: FCE: Households & NPISH (EUR bn), GDP: swda: DD: FCE: Government (Govt) (EUR bn), GVA: swda: Taxes less Subsidies on Products (EUR bn), GDP: swda: GVA: Agriculture, Forestry & Fishing (EUR bn), GDP: swda: GVA: Public Services, Education, Health (EUR bn), GDP: swda: Gross Value Added (GVA) (EUR bn), GDP: swda: GVA: Industry: ow Manufacturing (EUR bn), GDP: swda: GVA: Trade, Transportation, Accommodation (EUR bn), GDP: swda: GVA: Information & Communication (EUR bn), GDP: swda: GVA: Financial & Insurance Services (EUR bn), GDP: swda: GVA: Real Estate Activities (EUR bn), DE: GDP: Gross Value Added at Factor Cost: Agriculture (EUR mn), DE: GDP: Gross Value Added at Factor Cost (EUR mn), DE: GDP: External Balance of Goods and Services (EUR mn), DE: GDP: Gross Capital Formation (EUR mn), DE: GDP: Final Consumption Expenditure (EUR mn), DE: GDP: Gross Value Added at Factor Cost: Industry (EUR mn), DE: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing (EUR mn), DE: GDP: Real: Gross Value Added at Factor Cost: Agriculture (EUR mn), DE: GDP: Real: Gross Value Added at Factor Cost: Industry (EUR mn), DE: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing (EUR mn), DE: GDP: Real: Final Consumption Expenditure (EUR mn), DE: GDP: Real: Final Consumption Expenditure: Household (EUR mn), DE: GDP: Real: Final Consumption Expenditure: General Government (EUR mn), DE: GDP: Real: Gross Fixed Capital Formation (EUR mn), DE: GDP: Real: Imports of Goods and Services (EUR mn), DE: GDP: Real: Gross Value Added at Factor Cost (EUR mn), Capacity Utilisation: sa: Manufacturing: Quarterly (%), Sales Turnover: Value: Intermediate Goods (EUR th), Sales Turnover: Value: Manufacturing (Mfg) (EUR th), Sales Turnover: Value: Consumer Goods: Durables (EUR th), Sales Turnover: Value: Consumer Goods: Non Durables (EUR th), Sales Turnover: Value: Mining & Quarrying (MQ) (EUR th), Nominal Residential Property Price Index (2010=100), Nominal Residential Property Price Index Growth (%), Real Residential Property Price Index (2010=100), Real Residential Property Price Index Growth (%), Bldg Permits Granted: Residential (RS) (Unit), Construction Cost: Estimated: Residential (RS) (EUR th), Construction Cost: Estimated: Non Residential (NR) (EUR th), Bldg Permits Granted: Non Residential (NR) (Unit), Building Permits Granted: swda: Residential Bldg (EUR bn), Building Permits Granted: swda: Non Residential Bldg (EUR bn), Construction Started: NB: Non Residential (NR) (Unit), Construction Started: NB: Dwellings: Germany (Unit), Construction Completion: Dwellings (Unit), Construction Completion: Non Residential (NR): Volume (Cub m th), Consolidated Fiscal Balance: % of GDP (%), Forecast: Government Expenditure (EUR bn), General Govt Debt: Foreign Creditors (EUR bn), Employment: swda: Domestic Concept (Person th), Labor Force: Population: Average: swda: Activity Rate (%), Employment: Mining and Mfg: Mining (Person th), Employment: Mining and Mfg: Energy (Person th), Employment: Mining and Mfg: Manufacturing (Person th), Registered Unemployment: Male (Person th), Registered Unemployment: Female (Person th), Registered Unemployment: Age: between 15 & 20 (Person th), Registered Unemployment: Seasonally Adjusted (sa) (Person th), GE: Wholesale & Retail Trade, Repair of Vehicles (WR) (EUR), GE: Financial & Insurance Activities (FI) (EUR), Motor Vehicle Sales: Commercial Cars (Unit), Motor Vehicle Sales: Passenger Cars (Unit), Consumer Confidence: Net Balance (% Point), Consumer Climate Survey: GfK: Consumer Climate Indicator (CCI) (NA), IES: Average Monthly Household Expenditure (AMHE) (EUR), CPI: Food and Non Alcoholic Beverage Change (%), Forecast: Consumer Price Index Growth (%), Harmonized Index of Consumer Price (HICP) (2015=100), Producer Price Index (PPP): 2015=100: swda: Commerical Products (2015=100), PPI: 2015=100: swda: Commerical Products excl Energy Source (2015=100), PPI: 2015=100: swda: Agricultural Products (2015=100), Export Price Index: 2015=100: swda (2015=100), Import Price Index: 2015=100: swda (2015=100), Exports: Medicinal and Pharmaceutical Product (USD th), Imports: Medicinal and Pharmaceutical Product (USD th), Imports: SITC: Vehicles, Motorcycles & Bicycles (EUR th), Imports: SITC: Mineral Fuels & Oils, Bituminous Substances (EUR th), Imports: SITC: Pharmaceutical Products (EUR th), Imports: SITC: Machinery and Mechanical Appliances (EUR th), Imports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th), Exports: SITC: Pharmaceutical Products (EUR th), Exports: SITC: Plastics & Articles Thereof (EUR th), Exports: SITC: Machinery and Mechanical Appliances (EUR th), Exports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th), Exports: SITC: Vehicles, Motorcycles & Bicycles (EUR th), Exports: United States of America (EUR th), Imports: United States of America (EUR th), Foreign Portfolio Investment: Debt Securities (USD mn), Foreign Portfolio Investment: Equity Securities (USD mn), Foreign Portfolio Investment: % of GDP (%), Forecast: Current Account Balance (USD bn), Net International Investment Position (USD mn), Balance of Payments (BoP): Current Account (CA) (EUR mn), BoP: CA: Credit: Primary Income (PN) (EUR mn), BoP: CA: Debit: Primary Income (PN) (EUR mn), BoP: swda: Current Account: Primary Income: Credit (EUR mn), BoP: swda: Current Account: Primary Income: Debit (EUR mn), BoP: swda: Current Account: Secondary Income (EUR mn), BoP: swda: Current Account: Goods (EUR mn), BoP: swda: Current Account: Service (EUR mn), BoP: swda: Current Account: Service: Credit (EUR mn), BoP: swda: Current Account: Service: Debit (EUR mn), BoP: swda: Current Account: Primary Income (EUR mn), BoP: Financial Account (FA): Assets (EUR mn), BoP: Assets: FA: Other Investment (EUR mn), BoP: FA: Portfolio Investment (PI): Assets (EUR mn), Investment Outward: FI: ow Reserve Assets (EUR mn), BoP: FA: Portfolio Investment (PI) (EUR mn), BoP: Liabs: FA: Other Investment (EUR mn), BoP: Liabs: FA: Direct Investment (DI) (EUR mn), BoP: Assets: FA: Direct Investment (DI) (EUR mn), International Investment Position (IIP): Net: Total (EUR mn), International Investment Position (IIP): Assets: Total (EUR mn), International Investment Position (IIP): Liabilities: Total (EUR mn), Investment Inward: Direct Investment (EUR mn), Investment Outward: Direct Investment (EUR mn), DE: BOP: Financial Account: Foreign Direct Investment: Net (USD mn), Foreign Exchange Reserves: Months of Import (NA), Debt Service Ratio: Private Non-Financial Sector (%), Credit to Private Non-Financial Sector (USD bn), Intl Reserve: Official Reserve Assets (RA) (EUR mn), Intl Reserve: RA: Foreign Currency Reserves (FR) (EUR mn), DE: TARGET 2 Balance: Outstanding (EUR mn), Deutsche Bundesbank (DB): Assets (EUR bn), Lending Rate: Household (HH): Housing: Up To 1 Year (% pa), Government Bonds Yield: Residual Maturity: 3 to 5 Years (% pa), Natural Gas Production: OPEC: Marketed Production (Cub m mn), Visitor Arrivals: Accommodation Establishments (AE) (Person), Visitor Arrivals: AE: Foreigners (Person), Length of Stay: Accommodation Establishments (AE) (Night), Business Confidence: Net Balance (% Point), Current Economic Situation Indicator: Germany: Balance (%), Economic Expectation Indicator: Germany (%), Insurance: Gross Written Premium (EUR mn), Market Cap: Frankfurt Stock Exchange: Domestic Shares (EUR mn), No of Listed Companies: All Exchanges (Unit), Liner Shipping Connectivity Index (2004=100), Exports: Telecommunication Equipment (USD th), Imports: Telecommunication Equipment (USD th), DE: Germany Airports: Passenger Traffic (Person), DE: Air Transport: Passengers Carried (Person), ESA 1995: GDP: by Expenditure: Chain Linked Index: 2000=100, ESA 1995: GDP: by Expenditure: Chain Linked Index: 2000=100: Annual, ESA 1995: GDP: by Expenditure: Chain Linked Index: 2000=100: Seasonally and Working Day Adjusted, ESA 1995: GDP: Gross Fixed Capital Formation: Chain Linked Index: 2000=100, ESA 1995: GDP: Gross Fixed Capital Formation: Chain Linked Index: 2000=100: Seasonally and Working Day Adjusted, ESA 1995: Gross Value Added: by Industry: Chain Linked Index: 2000=100, ESA 1995: Gross Value Added: by Industry: Chain Linked Index: 2000=100 (Annual), ESA 1995: Gross Value Added: by Industry: Chain Linked Index: 2000=100: Seasonally and Working Day Adjusted, ESA 2010: Funds by Sector: General Government: Flow, ESA 2010: Funds by Sector: General Government: Stock, ESA 2010: Funds by Sector: Households: Flow, ESA 2010: Funds by Sector: Households: Stock, ESA 2010: Funds by Sector: Insurance Corporations: Flow, ESA 2010: Funds by Sector: Insurance Corporations: Stock, ESA 2010: Funds by Sector: Monetary Financial Institutions: Flow, ESA 2010: Funds by Sector: Monetary Financial Institutions: Stock, ESA 2010: Funds by Sector: Non Financial Corporations: Flow, ESA 2010: Funds by Sector: Non Financial Corporations: Stock, ESA 2010: Funds by Sector: Non Money Market Investment Funds: Flow, ESA 2010: Funds by Sector: Non Money Market Investment Funds: Stock, ESA 2010: Funds by Sector: Other Financial Intermediaries: Flow, ESA 2010: Funds by Sector: Other Financial Intermediaries: Stock, ESA 2010: Funds by Sector: Pension Funds: Flow, ESA 2010: Funds by Sector: Pension Funds: Stock, ESA 2010: Funds by Sector: Rest of the World: Flow, ESA 2010: Funds by Sector: Rest of the World: Stock, ESA 2010: GDP: by Expenditure: Chain Linked 2010 Price, ESA 2010: GDP: by Expenditure: Chain Linked 2010 Price: Seasonally and Working Day Adjusted, ESA 2010: GDP: by Expenditure: Chain Linked Index: 2010=100, ESA 2010: GDP: by Expenditure: Chain Linked Index: 2010=100: Annual, ESA 2010: GDP: by Expenditure: Chain Linked Index: 2010=100: Seasonally and Working Day Adjusted, ESA 2010: GDP: by Expenditure: Chain Linked Index: 2010=100: Working Day Adjusted, ESA 2010: GDP: by Expenditure: Current Price, ESA 2010: GDP: by Expenditure: Current Price: Annual, ESA 2010: GDP: by Expenditure: Current Price: Seasonally and Working Day Adjusted, ESA 2010: GDP: by Industry: Chain Linked Index: 2010=100, ESA 2010: GDP: by Industry: Chain Linked Index: 2010=100: Annual, ESA 2010: GDP: by Industry: Chain Linked Index: 2010=100: Seasonally and Working Day Adjusted, ESA 2010: GDP: by Industry: Current Price, ESA 2010: GDP: by Industry: Current Price: Seasonally and Working Day Adjusted, ESA 2010: GDP: Gross Fixed Capital Formation, ESA 2010: GDP: Gross Fixed Capital Formation: Chain Linked Index: 2010=100, ESA 2010: GDP: Gross Fixed Capital Formation: Chain Linked Index: 2010=100: Seasonally and Working Day Adjusted, ESA 2010: GDP: Gross Fixed Capital Formation: Seasonally and Working Day Adjusted, ESA 2010: National Income: Current Price: Annual, ESA 2010: National Income: Current Price: Seasonally and Working Day Adjusted, ESA 2010: Quarterly Sector Accounts: Non Financial Corporations, Gross Domestic Product: Annual Growth Rate, Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual, Gross Domestic Product: by Expenditure: Seasonally Adjusted: Quarterly, Gross Domestic Product: Deflator and Volume Index: Annual, Gross Domestic Product: Deflator and Volume Index: Quarterly, Gross Domestic Product: Purchasing Power Parity.
<>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Persistent weakness has fed calls for the government to ramp up fiscal stimulus.
3 0 obj CEIC calculates Real GDP Growth from quarterly Real GDP Index. It’s already pledged to step up investment in infrastructure and education, and committed to spend 54 billion euros ($60 billion) fighting climate change -- more than Germany’s stimulus plan following the financial crisis.
The figures for 2019 showed investment and exports posted only modest gains. ���?|�? 018 of 15 January 2020.
The revision puts the 2020 GDP almost on par with the 5.7% GDP contraction in 2009, at the height of the financial crisis. At the same time, private and government consumption as well as construction accelerated.
They’ve been slowly edging back up toward positive territory recently on hopes that the economy is through the worst of the slump. But the economy, and particularly its industrial heart, are far from out of trouble. ;]�"���Տ|�����,��NȚS�$";)�,��OR�����}�{ �{����p����T�u�~%�����/�fY$��"����U)�uQѬ2�J�W��qYֶ,���+�n��Bu�o]���b�½�����Wp�\���rO���]���5���T�R����e�ֽ\�0-�:ro"��(~�u)ץ�����I�a�'HW-/�Ewa�=�� l�}Ǧf�,�QS{��j�����Z�@��T�7\7�,�}?����Y. WATCH: Is Germany over the worst of its slump? %PDF-1.5 %���� stream Over the course of
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