Forecast

German economy resilient despite prolonged shutdown: further recovery expected in the summer

– The German Council of Economic Experts has revised its growth forecast for 2021 downwards and expects a GDP growth of 3.1 % in Germany. In the euro area, the GCEE expects the GDP to grow by 4.1 % this year.

Report

Stabilisation policy amid the coronavirus crisis

– Annual Report 2020/21, Chapter 2 (Download)

Report

Economic situation: Recovery depends on the course of the pandemic

– Annual Report 2020/21, Chapter 1 (Download)

Working Paper

Tabellenband – Fragen zur Mehrwertsteuersenkung und zum Konsum- und Sparverhalten

– Working Paper 08/2020 by infas Institut für angewandte Sozialwissenschaft GmbH (Download)

Working Paper

Die Folgen der Industrieschwäche für die Binnenwirtschaft

– Working Paper 04/2020 by Sebastian Weiske (Download)

Forecast

Severe Economic Slump Followed by Gradual Recovery

– Economic Outlook for 2020 and 2021 published: The German Council of Economic Experts expects the economy in Germany and the euro area to decline significantly due to the coronavirus pandemic by 6.5 % and 8.5 % in 2020, respectively.