Economic Development

Important data on the development of the economy and the general public budget in Germany and the euro area:

Status: Monthly report FebrUARY 2024

GERMANY%EURO AREA
202220232024 202220232024
1.8-0.30.3GDP (real) rate of growth 3.40.50.8
4.46.06.5Current account balance vs. GDP1.02.52.6
3.13.13.2Unemployment rate6.86.66.6
8.76.02.8Inflation (HICP)8.45.42.7
-2.5-2.2-1.6Budget balance vs. GDP-3.6-3.2-2.8
66.164.863.6Maastricht-Debt ratio92.590.489.7

Source: Federal Ministry of Finance monthly reports; figures for the coming year are forecasts by the EU Commission. (GDP = gross domestic product, HICP = harmonised index of consumer prices)

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