Brandenburg Gate in Berlin, Germany

Germany GDP Q4 2017

Germany: Economic growth broadly unchanged in Q4

According to preliminary data released by the Federal Statistics Office (Destatis) on 14 February, the German economy marginally lost steam in Q4. GDP rose a seasonally-, calendar- and price-adjusted 0.6% over the prior quarter, matching market estimates. The print came in just below the 0.7% quarter-on-quarter expansion clocked in Q3.

The expansion in the fourth quarter was driven by the external sector, with preliminary calculations showing that exports increased substantially in quarter-on-quarter terms. In addition, public consumption likely grew over the previous quarter in the surveyed time, at a broadly stable pace. Gross fixed capital formation is also expected to have increased in Q4 from the previous quarter, while capital formation in construction is expected to have dipped.

A year-on-year comparison showed that GDP grew a price-adjusted 2.3% in the fourth quarter, a slight improvement from 2.2% in the third quarter. For 2017, GDP growth came in at 2.2%, above the 1.9% expansion in 2016.

Germany GDP Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest