Economic Development

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

Status: August 2022

GERMANY%EURO AREA
202020212022 202020212022
-4.62.91.4GDP (real) rate of growth -6.45.32.6
7.17.26.1Current account balance vs. GDP2.63.22.4
3.73.63.3Unemployment rate8.07.77.3
0.43.27.9Inflation (HICP)0.32.67.6
-4.3-3.7-2.5Budget balance vs. GDP-7.1-5.1-3.7
68.769.366.4Maastricht-Debt ratio99.297.494.7

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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