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 | |||
2017 | 2016 | 2015 | |
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 |