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overview Economic forecasts for Germany

Status: 06/18/2021 5:34 p.m. Regardless of whether it is a recession or an upswing: predictions of economic development that are as accurate as possible form the basis for many state plans such as the budget. The current estimates of important institutions for Germany at a glance. How the economy will develop in the near future can only be estimated. Governments, international organizations and economic researchers regularly try to predict economic developments as precisely as possible using various assumptions. Among other things, forecasts form the basis for tax estimates and budget planning by the state. The forecasts for economic growth fluctuate very strongly and are regularly revised up or down over the course of a year. The current forecasts for the development of the German gross domestic product (GDP) at a glance.