Germany is the largest economy in the Euro zone, with nominal GDP totalling €3332.2bn in 2020. The country’s population was estimated at 83.5mn (United Nations) in 2019. In 2020, the top export destination for German goods was the United States, closely followed by China and France.
Variables Surveyed for Germany
Variables covered in our monthly analysis of Germany include:
Consensus Forecasts for Germany
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the IMF, OECD, and European Commission. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of November 2020.