Fiscal Balance in Germany

Germany Fiscal Balance | Economic News & Forecasts

Germany - Fiscal Balance

According to a preliminary estimate, the German economy expanded at a resilient, albeit markedly softer, pace in 2018 despite a weak second half of the year. Although national accounts data for the final quarter has yet to be released, the initial estimate for the full year showed that the economy should have rebounded slightly. However, growth is likely to have been underwhelming, partly due to ongoing struggles in the automotive sector. Industrial output contracted in both October and November, with a broad-based deterioration in the latter. New car registrations continued to contract in the quarter, highlighting issues in the important car industry. Additionally, exports fell for the sixth time in 2018 in November; the trade surplus nevertheless widened as imports dropped at an even steeper pace. Looking at the first quarter of the new year, business confidence turned pessimistic in January on a gloomier short-term outlook.

Germany - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-0.1  0.5  0.8  1.0  1.3  

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Germany Facts

Bond Yield0.130.41 %Jan 30
Exchange Rate1.140.65 %Jan 30
Stock Market11,182-0.41 %Jan 30

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