Economic Outlook

Robust German economy in an uncertain international environment


  • Jens Boysen-Hogrefe
  • Salomon Fiedler
  • Dominik Groll
  • Nils Jannsen
  • Stefan Kooths
  • Martin Ademmer
  • Galina Potjagailo
  • Maik Wolters
Publication Date

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.


Key Words

  • business cycle forecast
  • leading indicators
  • outlook
  • stabilization policy