Domestic Demand in Germany
In the year 2024, the domestic demand in Germany was 0.35%, compared to 1.71% in 2014 and -0.41% in 2023. It averaged 1.35% over the last decade.
Germany Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Germany from 2021 to 2024.
Source: Macrobond.
Germany Demand Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | -3.2 | 3.0 | 2.8 | -0.4 | 0.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects German demand projections for the next ten years from a panel of 19 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for German demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German demand projections.
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