Economic Outlook

Robust German economy in an uncertain international environment

Kiel Institute Economic Outlook Germany, Nr. 11 (2015 | Q3)

German GDP is expected to increase by 1.8 percent (2015), 2.1 percent (2016), and 2.3 percent (2017). Economic activity is driven by consumer spending that increases in the upcoming years by about 2 percent per year due to strong increases in real disposable income.