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IW-Forschungsgruppe Konjunktur IW-Trends No. 3 25. September 2011 No Recession Despite Imponderabilities

IW Forecast for Germany Autumn 2011

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No Recession Despite Imponderabilities
IW-Forschungsgruppe Konjunktur IW-Trends No. 3 25. September 2011

No Recession Despite Imponderabilities

German Economic Institute (IW) German Economic Institute (IW)

IW Forecast for Germany Autumn 2011

Germany’s growth will slow markedly. In spite of the resurgence of financial market problems, a recession seems, nevertheless, improbable. Real GDP will increase by 3 percent in 2011. In 2012, German exports will increase only moderately and dampen corporate investment. Because of the ongoing positive labor market private consumption will continue to buttress the business cycle. In 2012, the German economy will merely grow by 1 ¼ percent. Despite the weakening of the economy there will be more than 41 million employees. The number of registered unemployed will sink to 2.8 million on average. With a deficit of 7 billion euro and a deficit ratio of ½ percent of the GDP the national budget will almost be balanced.

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No Recession Despite Imponderabilities
IW-Forschungsgruppe Konjunktur IW-Trends No. 3 25. September 2011

No Recession Despite Imponderabilities

German Economic Institute (IW) German Economic Institute (IW)

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Galina Kolev-Schaefer / Thomas Obst / Thomas Puls IW-Report No. 1 2. January 2024

Effects of the Middle East conflict on the German economy

Beyond the humanitarian crisis associated with the geopolitical conflict in Israel, which affects millions of human lives, the Middle East conflict also leaves lasting marks on economic activity not only in the affected region, but also in Germany and the ...

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Klaus-Heiner Röhl / Gerit Vogt IW-Trends No. 4 5. December 2023

Corporate Insolvencies on the Increase

After a prolonged decline, the number of corporate insolvencies has begun to rise again. The slight increase in 2022 could be interpreted as a step towards normalisation after the sharp drop experienced during the 2020/21 Covid19 pandemic.

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