Jump to navigation (Accesskey n) Jump to content (Accesskey c)
Navigation:
Maximize content (Accesskey 3)

Press release No.298 / 2009-08-13


Gross domestic product increasing 0.3% in the 2nd quarter of 2009 on the previous quarter


WIESBADEN – As reported by the Federal Statistical Office (Destatis), the German economy expanded slightly in the second quarter of 2009 for the first time since the first quarter of 2008. Upon adjustment for price, seasonal and calendar variations, the gross domestic product increased 0.3% in the second quarter of 2009 on the previous quarter.

Compared with the second quarter of 2008, the price-adjusted GDP product was down 7.1%. Upon adjustment for calendar variations, economic performance decreased 5.9% on a year earlier as the reference quarter had three working days less than the same period of the previous year.
 
Household and government final consumption expenditureand also capital formation in construction exerted a positive impact compared with the previous quarter. As price-adjusted imports declined far more sharply than exports, the balance of exports and imports also had a positive effect on GDP growth. However, declining inventories had a negative effect on growth.

The economic performance in the second quarter of 2009 was achieved by 40.2 million persons in employment, which was a decrease of 25,000 persons or 0.1% on a year earlier.

In addition to the first calculation of data for the second quarter, the results published so far for the last four years (from 2005) were revised at the same time, as is the case every year in August. Such continuous revisions are carried out routinely to integrate newly available statistical information into the calculations. Hence, the GDP calculation is successively put on an ever better founded data basis in statistical terms.

The complete basic statistics required for a “final” calculation of national accounting data generally are available only after about four years, so that only then are the results final and do no longer have to be revised on a regular basis.

The current recalculations resulted in rates of change of the annual and quarterly GDP (unadjusted figures) which differ from the previously published results by up to 0.3 percentage points. The rates of change of the seasonally and calendar-adjusted quarterly results were revised by up to 0.3 percentage points, too.

The Federal Statistical Office will release detailed results for the second quarter of 2009 on 25 August 2009.

A long time series with quarterly results on the gross domestic product since the first quarter of 1970 is available at the Internet.

>>> brief methodological description
 
Gross domestic product
Price-adjusted, chain-linked
  
Unadjusted figures		Figures according to Census X-12-ARIMA
Seasonally and calendar adjustedCalendar adjustedCalendar effect
1) Change on the same quarter of the preceding year in %.
2) Change on the previous quarter in %.
2000 = 100% 1)2000 = 100% 2)2000 = 100% 1)% 1)
20051st quarter 99.48–0.8  101.98 0.1  100.08 0.1 –0.9 
2nd quarter 103.32 1.4  102.57 0.6  102.29 0.5  0.9 
3rd quarter 104.57 1.3  103.28 0.7  104.47 1.4 –0.1 
4th quarter 104.66 1.0  103.50 0.2  104.49 1.6 –0.5 
20061st quarter 103.19 3.7  104.38 0.9  102.50 2.4  1.3 
2nd quarter 105.30 1.9  105.92 1.5  105.61 3.2 –1.3 
3rd quarter 107.71 3.0  106.89 0.9  108.09 3.5 –0.4 
4th quarter 108.86 4.0  107.96 1.0  108.95 4.3 –0.2 
20071st quarter 106.81 3.5  108.31 0.3  106.41 3.8 –0.3 
2nd quarter 107.97 2.5  108.66 0.3  108.34 2.6 –0.0 
3rd quarter 110.32 2.4  109.53 0.8  110.76 2.5 –0.0 
4th quarter 110.45 1.5  109.68 0.1  110.67 1.6 –0.1 
20081st quarter 109.00 2.1  111.42 1.6  109.54 2.9 –0.9 
2nd quarter 111.61 3.4  110.79–0.6  110.48 2.0  1.4 
3rd quarter 111.83 1.4  110.44–0.3  111.67 0.8  0.5 
4th quarter 108.58–1.7  107.74–2.4  108.71–1.8  0.1 
20091st quarter 102.01–6.4  103.93–3.5  102.22–6.7  0.3 
2nd quarter 103.66–7.1  104.26 0.3  103.97–5.9 –1.3 

 
Gross domestic product at current prices
 Unadjusted figuresSeasonally and calendar adjusted figures according to
Census X-12-ARIMA
EUR billionChange in % 1)EUR billionChange in % 2)
1) Change on the same quarter of the preceding year in %.
2) Change on the previous quarter in %.
20051st quarter 537.80 0.1  554.25 0.7 
2nd quarter 557.60 1.9  557.77 0.6 
3rd quarter 570.50 1.9  562.86 0.9 
4th quarter 576.30 1.7  563.50 0.1 
20061st quarter 559.90 4.1  569.30 1.0 
2nd quarter 571.10 2.4  578.87 1.7 
3rd quarter 590.30 3.5  585.29 1.1 
4th quarter 603.80 4.8  592.16 1.2 
20071st quarter 589.70 5.3  601.01 1.5 
2nd quarter 596.70 4.5  605.07 0.7 
3rd quarter 617.20 4.6  612.29 1.2 
4th quarter 624.60 3.4  613.36 0.2 
20081st quarter 609.70 3.4  626.28 2.1 
2nd quarter 625.60 4.8  625.69–0.1 
3rd quarter 634.40 2.8  626.06 0.1 
4th quarter 626.10 0.2  614.31–1.9 
20091st quarter 579.50–5.0  593.30–3.4 
2nd quarter 588.80–5.9  596.67 0.6 

 
Gross domestic product
Price-adjusted, chain-linked
 New resultFormer result
Chain index (2000 = 100)Change
in % 1)		Chain index (2000 = 100)Change
in % 1)
1) Seasonally and calendar adjusted figures: Change on the previous quarter in %; Unadjusted figures: Change on the previous year or the same quarter of the preceding year in %.
 Seasonally and calendar adjusted figures according to Census X-12-ARIMA
20051st quarter 101.98 0.1  102.00 0.2 
2nd quarter 102.57 0.6  102.72 0.7 
3rd quarter 103.28 0.7  103.25 0.5 
4th quarter 103.50 0.2  103.43 0.2 
20061st quarter 104.38 0.9  104.29 0.8 
2nd quarter 105.92 1.5  105.85 1.5 
3rd quarter 106.89 0.9  106.59 0.7 
4th quarter 107.96 1.0  107.71 1.1 
20071st quarter 108.31 0.3  108.15 0.4 
2nd quarter 108.66 0.3  108.53 0.4 
3rd quarter 109.53 0.8  109.18 0.6 
4th quarter 109.68 0.1  109.55 0.3 
20081st quarter 111.42 1.6  111.22 1.5 
2nd quarter 110.79–0.6  110.66–0.5 
3rd quarter 110.44–0.3  110.06–0.5 
4th quarter 107.74–2.4  107.61–2.2 
20091st quarter 103.93–3.5  103.52–3.8 
2nd quarter 104.26 0.3 XX
 Unadjusted figures
2005 103.01 0.8  103.03 0.8 
2006 106.27 3.2  106.08 3.0 
2007 108.89 2.5  108.69 2.5 
2008 110.26 1.3  110.07 1.3 
20051st quarter 99.48–0.8  99.44–0.8 
2nd quarter 103.32 1.4  103.47 1.6 
3rd quarter 104.57 1.3  104.60 1.3 
4th quarter 104.66 1.0  104.60 1.0 
20061st quarter 103.19 3.7  103.02 3.6 
2nd quarter 105.30 1.9  105.22 1.7 
3rd quarter 107.71 3.0  107.49 2.8 
4th quarter 108.86 4.0  108.60 3.8 
20071st quarter 106.81 3.5  106.56 3.4 
2nd quarter 107.97 2.5  107.84 2.5 
3rd quarter 110.32 2.4  110.06 2.4 
4th quarter 110.45 1.5  110.31 1.6 
20081st quarter 109.00 2.1  108.76 2.1 
2nd quarter 111.61 3.4  111.47 3.4 
3rd quarter 111.83 1.4  111.58 1.4 
4th quarter 108.58–1.7  108.46–1.7 
20091st quarter 102.01–6.4  101.47–6.7 
2nd quarter 103.66–7.1 XX


For further information please contact:
National accounts info team,
tel: (+49-611) 75-2626,



 




For more details please refer to the German version.


Publisher:
© Federal Statistical Office of Germany
Press Office
Indication of source requested for distribution
Contact:
tel: (+49-611)75-3444
fax: (+49-611)75-3976
presse@destatis.de
www.destatis.de
Service hours:
Mon - Tue: 8am - 5pm
Fri: 8am - 3pm
CET / CEST
Postal address:
65180 Wiesbaden
Germany

Maximize content (Accesskey 3)

Version: 2.25.5 / 20.10.2008