Economic Activity

Economic Activity

Strong Economy

The German economy is widely considered to be the stabalizing force within the EU - and particularly within the eurozone. Between 2010 and 2017, real GDP within the EU-28 grew at around one percent yearly. During the same period, the German economy grew at a rate of around two percent, a higher rate than that observed in France and Italy. The German government expects an upswing of up to two percent in 2018.

German Economic Performance

 201720162015
GDP +2.2%+1.9%+1.7%
Imports +8.3%+0.6%+4.3%
Exports +6.3%+0.9%+6.2%
Source: Federal Ministry for Economic Affairs and Energy 2017

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