Press releases by subject fields: national accounts
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1st half of 2008: Households put more money aside
Press release
No.
400
/
2008-10-28
As reported by the Federal Statistical Office on the occasion of the World Savings Day on 30 October, households in Germany saved more money in the first six months of the year. Compared with one year earlier, the savings ratio rose by 0.5 percentage points to a current seasonally adjusted 11.3% of the disposable income. Per inhabitant an average EUR 180 was put aside every month, which is about EUR 10 more than in the past year. The total amount saved in the first half of 2008 amounted to nearly EUR 89 billion. Only in the months to come will it be possible to assess the impact which the present turmoil in the financial markets and the increasing economic uncertainties will have on the savings behaviour.
Maastrichtdeficit ratio for 2007 amounting to 0.2%
Press release
No.
394
/
2008-10-22
As reported by the Federal Statistical Office (Destatis), net lending/net borrowing of general government, which has to be calculated for purposes of the European Stability Pact, must be corrected for reference year 2007 with regard to the result published in August 2008. This is due to the implementation of a Eurostat decision stating that the actions taken by the Kreditanstalt für Wiederaufbau (Development Loan Corporation) in 2007 in the context of the risk protection for the Deutsche Industriebank AG must be recorded in the general government accounts.
General government records surplus of EUR 6.7 billion for the first half of 2008
Press release
No.
309
/
2008-08-26
According to provisional data of the Federal Statistical Office (Destatis), net lending of general government amounted to EUR 6.7 billion in the first six months of 2008. Thus the surplus of EUR 4.2 billion achieved in the first half of 2007 could even be surpassed. As in the year before, net lending/net borrowing was characterised by a continued positive trend of revenue in the first six months of 2008. However, with 3.0% the increase of revenue was only about half as high. With a plus of 2.5%, expenditure showed a noticeable development in the first half of 2008 after four years of very moderate increases.
Detailed results on the economic performance in the 2nd quarter of 2008
Press release
No.
308
/
2008-08-26
As reported by the Federal Statistical Office (Destatis) already in its first release on 14 August 2008, the gross domestic product (GDP) in the second quarter of 2008 was by 0.5% lower – upon price, seasonal and calendar adjustment – than in the first three months of the year. In the first quarter of 2008, the economic performance was up by 1.3%.
First release of data on the economic performance in the 2nd quarter of 2008
Press release
No.
290
/
2008-08-14
For the first time in almost four years, the German economy shrank in the second quarter of 2008: The gross domestic product (GDP) was down by 0.5% on the first quarter of 2008 upon price, seasonal and calendar adjustment. In the first three months of the year, the GDP, measuring the value of the economic performance in the domestic territory, was up 1.3%. The last time the German economy recorded a decrease was in the third quarter of 2004 (–0.2%).
Detailed results on the economic performance in the 1st quarter of 2008
Press release
No.
191
/
2008-05-27
As already reported by the Federal Statistical Office (Destatis) in its first release on 15 May 2008, the German economy started with much momentum into the new year after 2007 had ended not very lively: Upon price, seasonal and calendar adjustments, the gross domestic product (GDP) was 1.5% higher in the first quarter of 2008 than in the last three months of the preceding year.
First release of data on the economic performance in the 1st quarter of 2008
Press release
No.
181
/
2008-05-15
The upward trend of the German economy continued in the first quarter of 2008: The gross domestic product (GDP) rose by 1.5% in the first quarter of 2008 on the fourth quarter of 2007 upon price, seasonal and calendar adjustment. Hence the economic recovery seen last year continued at the same rate over the first quarter as a whole. Despite stronger load factors, the German economy proved to be very robust at the beginning of 2008.
Industry maintaining its GDP share over the past 15 years
Press release
No.
154
/
2008-04-17
The German industry (manufacturing) has succeeded in largely maintaining its share in the gross domestic product of Germanyas a whole over the past 15 years. As reported by the Federal Statistical Office (Destatis) on the occasion of the Hanovertrade fair taking place from 21 to 25 April 2008, the gross value added of that sector amounted to about EUR 508 billion at current prices in 2007, which was a share of 23.4% in the total of all economic sectors in Germany(1993: 23.6%). In 2007, about 7.5 million persons in employment worked in manufacturing, and the compensation of employees was some EUR 331 billion.
Consumption expenditure in 2007 strongly influenced by car purchases
Press release
No.
106
/
2008-03-12
Households in Germany increased their consumption expenditure by 1.2% in 2007; in 2006 the growth rate was 2.3%. As further reported by the Federal Statistical Office (Destatis) with a view to the World Consumer Day on 15 March, consumption expenditure without private car purchases in 2007 rose 1.8%, following a 2.1% increase in 2006. This shows that the fluctuations in car purchases have a considerable impact on the trend of consumption expenditure of households.
Average and negotiated earnings growing equally in 2007
Press release
No.
092
/
2008-03-05
As shown by first results of the Federal Statistical Office’s (Destatis) national accounts, the average gross earnings of all employees in Germanyrose 1.4% to EUR 27,083 in 2007.
Gross value added of ICT: Services clearly prevail
Press release
No.
077
/
2008-02-27
As reported by the Federal Statistical Office (Destatis) before the CeBIT trade fair, the gross value added created through the production of goods and services of information and communication technology (ICT) in Germany in 2007 amounted to some EUR 92 billion. While the share of ICT in the value added of the overall economy had still been nearly 4.3% in 2000, it amounted to somewhat more than 4.2% in 2007. This is due to a decline in the value added of ICT goods, which could not be completely offset by the increased share of ICT services. The data are based on computations of national accounting.
General government surplus – 2007 Maastrichtratio slightly on the plus side
Press release
No.
074
/
2008-02-26
According to updated results of the Federal Statistical Office (Destatis), net lending of general government amounted to about EUR 0.2 billion in 2007. This amount has been calculated as the difference between revenue (EUR 1,064.0 billion) and expenditure (EUR 1,063.8 billion) of general government. Hence, the first estimate of 15 January 2008 has been confirmed. The data are based on the definitions of the European System of Accounts (ESA) 1995.
Detailed results on the economic performance in the 4th quarter of 2007
Press release
No.
073
/
2008-02-26
As already reported by the Federal Statistical Office in its first release of 14 February 2008, the German economy continued to grow in the fourth quarter of 2007. After price, seasonal and calendar adjustments, the gross domestic product (GDP) rose 0.3% on the third quarter of 2007. However, economic growth slowed down considerably towards year-end. In the third quarter, the GDP had increased by as much as 0.7%.
First release of data on the economic performance in the 4th quarter of 2007
Press release
No.
056
/
2008-02-14
The upward trend of the German economy continued in the fourth quarter of 2007. However, economic growth was smaller than in the previous quarter: The gross domestic product (GDP) rose by 0.3% in the fourth quarter of 2007 on the third quarter of 2007 upon price, seasonal and calendar adjustment. The GDP, measuring the value of the economic performance within the domestic territory, grew 0.7% in the third quarter of 2007.
Robust growth of the German economy in 2007
Press release
No.
015
/
2008-01-15
The German economy again grew strongly in 2007. According to first provisional calculations of the Federal Statistical Office (Destatis), the price-adjusted gross domestic product (GDP) rose 2.5% on the previous year. When examining the calendar-adjusted figures – the number of working days was by 1.6 days smaller in 2007 than in the year before – the GDP growth rate was 2.6% in 2007.
Detailed results on the economic performance in the 3rd quarter of 2007
Press release
No.
471
/
2007-11-22
As reported by the Federal Statistical Office already in its first release of 14 November 2007, the upward trend of the German economy increased in the third quarter of 2007: The gross domestic product (GDP) rose by 0.7% on the second quarter of 2007 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. In the first quarter of 2007, the economic performance grew by 0.5%, in the second quarter by 0.3% on the relevant previous quarters.
First release of data on the economic performance in the 3rd quarter of 2007
Press release
No.
457
/
2007-11-14
The upward trend of the German economy has further increased in the third quarter of 2007: The gross domestic product (GDP) rose by 0.7% in the third quarter of 2007 on the second quarter of 2007 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. The economic performance in the first two quarters of 2007 grew 0.5% and 0.3%, respectively.
Germans saving more money for a rainy day
Press release
No.
428
/
2007-10-29
As reported by the Federal Statistical Office on the occasion of the World Savings Day on 30 October, the inhabitants of Germanyput aside a monthly average of EUR 170 during the first six months of this year. The overall amount saved totalled EUR 84 billion. When seasonally adjusted, the savings ratio – amount saved in relation to the disposable income – rose by 0.4 percentage points from the first six months of 2006 to 10.9% in the first six months of 2007. This means that the level of the mid-1990s has been reached again.
Labour productivity per person in employment increasing nearly 23% since 1991
Press release
No.
394
/
2007-09-27
As reported by the Federal Statistical Office, labour productivity per person in employment in Germany’s national economy and per person-in-employment hour increased by a total of 22.5% and of 32.4%, respectively, between 1991 and 2006. The more favourable trend in productivity per person-in-employment hour reflects a 7.5% reduction in the average number of hours worked by persons in employment.
Exports creating ever more jobs – even among service providers
Press release
No.
378
/
2007-09-18
The expanding German foreign trade provided a major impetus to employment in the period from 1995 to 2006: 8.9 million persons in employment whose place of employment is in Germanydepended on exports in 2006. That was nearly 23% of all persons in employment. In 1995 just about 15% of the persons in employment worked for exports.
Today, about half of the persons in employment depending on exports produce goods, while the other half produce services, that is mainly transport, wholesale and other business services for the export business. Employment in the service branches strongly benefits from exports of goods, said the President of the Federal Statistical Office, Walter Radermacher, at a press conference held jointly with the Institute of Economic Structures Research (GWS) in Berlin.
86% of dwellings owned by private households
Press release
No.
348
/
2007-09-03
About 86% of the dwellings in Germany were owned by private households in 2006. As further reported by the Federal Statistical Office, the share of dwellings owned by private households thus rose by a good 3 percentage points since 1991. The share of dwellings owned by corporations, however, decreased to about 12%.
General government surplus amounting to EUR 1.2 billion in the first six months of 2007
Press release
No.
331
/
2007-08-23
According to provisional data of the Federal Statistical Office, net lending of general government amounted to EUR 1.2 billion in the first half of 2007. In the same period of the previous year, the deficit resulting from the balance of government revenue and expenditure amounted to EUR 23.0 billion. With the exception of the second half of 2000 when high income was earned from auctioning UMTS licences, budget deficits had continuously been recorded since German unification. In the first half of 2007, the trend of net lending/net borrowing of general government was above all due to the development of revenue which increased 5.6% compared to the same period a year earlier. The fact, however, that expenditure was moderate (+0.7%) during the reference period contributed to the result, too.
Detailed results on the economic performance in the 2nd quarter of 2007
Press release
No.
330
/
2007-08-23
As reported by the Federal Statistical Office already in its first release of 14 August, the upward trend of the German economy slowed down a little: The gross domestic product (GDP) rose by 0.3% in the second quarter of 2007 on the first quarter of 2007 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. In the first quarter of 2007, the economic performance grew by 0.5%.
First release of data on the economic performance in the 2nd quarter of 2007
Press release
No.
319
/
2007-08-14
The upward trend of the German economy has slowed down a little: The gross domestic product (GDP) rose by 0.3% in the second quarter of 2007 on the first quarter of 2007 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. The economic performance in the first quarter of 2007 grew 0.5%.
Gross fixed capital formation in construction continues to grow in the first quarter of 2007
Press release
No.
218
/
2007-05-29
At the beginning of 2007, gross fixed capital formation in construction grew more rapidly: According to provisional calculations of the Federal Statistical Office, gross fixed capital formation in construction rose a price-adjusted 15.3% in the first quarter of 2007 compared with the first quarter of 2006; adjustment for seasonal and calendar effects resulted in a 3.5% increase on the fourth quarter of 2006.
Detailed results on the economic performance in the 1st quarter of 2007
Press release
No.
213
/
2007-05-24
As reported by the Federal Statistical Office already in its first release of 15 May, the upward trend of the German economy slowed down only slightly at the beginning of 2007: The gross domestic product (GDP) rose by 0.5% in the first quarter of 2007 on the fourth quarter of 2006 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. In the fourth quarter of 2006, the economic performance grew even somewhat more strongly (+1.0%) than reported previously.
First release of data on the economic performance in the 1st quarter of 2007
Press release
No.
201
/
2007-05-15
The upward trend of the German economy continued a little less strongly at the beginning of 2007: The gross domestic product (GDP) rose by 0.5% in the first quarter of 2007 on the fourth quarter of 2006 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. The economic performance in the fourth quarter of 2006 grew even somewhat more strongly (+1.0%) than reported so far.
Industry accounting for nearly one quarter of gross domestic product
Press release
No.
158
/
2007-04-13
Just under one quarter of the German gross domestic product is generated by the industry (manufacturing). As reported by the Federal Statistical Office on the occasion of the Hanovertrade fair taking place from 16 to 24 April, the gross value added of that sector was about EUR 490 billion at current prices in 2006; that was a share of 24% in the total of all economic sectors in Germany(1970: 37%). In 2006, about 7.4 million persons in employment worked in that sector (share of 19%), and the compensation of employees was some EUR 315 billion (share of 28%).
Expenditure on purchases of passenger cars up 6.1% in 2006
Press release
No.
156
/
2007-04-12
According to national accounting results, purchases of passenger cars in Germany by businesses and households rose 6.1% in 2006 in value terms compared with 2005. As reported further by the Federal Statistical Office with a view to the “Auto Mobil International“ trade fair in Leipzig (14 to 22 April), that is one of the highest increases in the expenditure on passenger cars in the past ten years.
Earnings in 2006: +0.7%, “one-euro jobs“ having a downward effect
Press release
No.
121
/
2007-03-21
As shown by first results of the Federal Statistical Office’s national accounts, the average gross earnings of all employees in Germany rose 0.7% to EUR 26,657 in 2006.
Private consumption expenditure up 2.1% in 2006
Press release
No.
105
/
2007-03-13
Households in Germany increased their consumption expenditure by 2.1% in 2006. As further reported by the Federal Statistical Office with a view to the World Consumer Rights Day on 15 March, last year’s consumption expenditure rose more strongly than the disposable income of households (+1.8%) for the first time since 2000. The savings ratio thus decreased from 10.6% in 2005 to 10.5% last year. In 2000 the savings ratio was 9.2%.
Detailed results on the economic performance in the 4th quarter of 2006
Press release
No.
069
/
2007-02-22
As reported by the Federal Statistical Office already in its first release of 13 February, the German economy grew strongly again towards the end of the year: The gross domestic product (GDP) rose by 0.9% in the fourth quarter of 2006 on the third quarter of 2006 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. In the first three quarters of 2006, too, the economic performance in part grew even somewhat more strongly (+0.8%, +1.2% and +0.8%, respectively) than reported previously.
Maastrichtdeficit ratio for 2006 amounts to 1.7%
Press release
No.
070
/
2007-02-22
According to updated results of the Federal Statistical Office, net borrowing of general government amounted to about EUR 39.5 billion in 2006. That amount is obtained as the difference between revenue (EUR 1,015.0 billion) and expenditure (EUR 1,054.6 billion) of general government. When broken down by government levels, net borrowing of the Federation was EUR 34.9 billion, that of the Länder EUR 9.7 billion. Municipalities and social security recorded net lending of EUR 1.2 billion and EUR 3.9 billion, respectively, for 2006. The data are based on definitions of the European System of Accounts (ESA) 1995
First release of data on the economic performance in the 4th quarter of 2006
Press release
No.
057
/
2007-02-13
The German economy grew strongly again towards the end of the year: The gross domestic product (GDP) rose by 0.9% in the fourth quarter of 2006 on the third quarter of 2006 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. The economic performance in the first three quarters of 2006 grew even somewhat more strongly (+0.8%, +1.2% and +0.8%, respectively) than reported so far.
Gross fixed capital formation in construction for the first time increased markedly again
Press release
No.
020
/
2007-01-15
After having declined for a number of years, gross fixed capital formation in construction in Germany for the first time increased markedly again in 2006. According to first calculations by the Federal Statistical Office, gross fixed capital formation in construction grew by 3.6% in 2006 upon adjustment for price changes. Gross fixed capital formation in construction, supported by special effects, hence made a positive contribution to the growth of gross domestic product again.
Average net income of EUR 33,700 per household
Press release
No.
496
/
2006-11-27
As reported by the Federal Statistical Office, households in Germany had a net income of EUR 33,700 on average in 2005. Compared with 1991 (EUR 26,000), this was a 30% increase. In real terms, that is after deduction of consumer price rises, the income households had at their disposal on average in 2005 was 2% less than in 1991. The actual income of individual households may be substantially higher or lower than the average figures shown. The data have been calculated as part of national accounting.
Detailed results on the economic performance in the 3rd quarter of 2006
Press release
No.
491
/
2006-11-23
As reported by the Federal Statistical Office already in its first release of 14 November 2006, the upturn of the German economy continues: In the third quarter of 2006, the gross domestic product (GDP) grew 0.6% – upon price, seasonal and calendar adjustment – on the second quarter of 2006. The GDP measures the value of the economic performance within the domestic territory. Economic growth in the first and second quarters of 2006 (+0.8% and +1.1%, respectively) was the largest since 2000.
First release of data on the economic performance in the 3rd quarter of 2006
Press release
No.
474
/
2006-11-14
The upturn of the German economy continues: The gross domestic product (GDP) rose by 0.6% in the third quarter of 2006 on the second quarter of 2006 upon price, seasonal and calendar adjustment. The GDP measures the value of the economic performance within the domestic territory. As further reported by the Federal Statistical Office, the economic performance in the first two quarters of 2006 grew more strongly (+0.8% and +1.1%, respectively) than ever since 2000.
Every tenth euro being added to the piggy bank
Press release
No.
457
/
2006-10-27
As reported by the Federal Statistical Office on the occasion of the World Savings Day on 30 October, the inhabitants of Germany put aside a monthly average of EUR 160 during the first six months of this year. This equalled 10.4% of their disposable income. The overall amount saved totalled EUR 78 billion. Hence the seasonally-adjusted savings of households, which are determined in the context of national accounts, were unchanged on the previous year. Though, depending on both the saving behaviour and income, large differences occur between households, average figures can only be provided on a national accounts basis.
Communications industry: Services have a share of 70%
Press release
No.
447
/
2006-10-23
The communications industry in Germany produced goods and services to a total value of some EUR 237 billion in 2005. As reported by the Federal Statistical Office at the beginning of the “Systems 2006” trade fair in Munich (23 to 27 October), the relevant figure was only some EUR 226 billion in 2000. However, the share in the overall economic output was 6.2% in 2000, whereas it was down to 5.9% in 2005. These data are based on calculations performed within the scope of national accounting.
Capital stock per person in employment doubling in 2005 on 1970
Press release
No.
366
/
2006-09-07
As reported by the Federal Statistical Office, the capital stock of a workplace in the former territory of the Federal Republic of Germany amounted, in nominal terms, to a net value of EUR 36,000 per person in employment in 1970 while, in 2005, it totalled EUR 177,000 per person in employment in Germany. In real terms, capital intensity (ratio between the production factors of capital and labour), which takes into account the new or gross value of fixed assets, doubled to EUR 288,000 per person in employment in Germany in 2005 compared to 1970 when it amounted to EUR 143,000 per person in employment in the former territory of the Federal Republic.
Comparable time series of national accounts for the years 1970 to 1991
Press release
No.
359
/
2006-09-05
Economic growth in Germany has more and more slowed down over the last three and a half decades. As reported by the Federal Statistical Office, the gross domestic product for the former territory of the Federal Republic rose an average 2.9% per year in the period from 1970 to 1980, and an average 2.6% per year in the period from 1980 to 1991. Since German reunification, the average growth of the German economy has been markedly smaller, that is only 1.3% per year over the last ten years.
Revised results of national accounts for the years 1970 to 1991
Press release
No.
353
/
2006-08-30
On Tuesday, 5 September 2006, the Federal Statistical Office is going to publish revised national accounting results with a detailed breakdown for the years 1970 to 1991 relating to the former territory of the Federal Republic. For the first time since the extensive revision of April 2005, the users of German national accounts can then draw upon methodologically comparable long-term series containing annual and quarterly results.
Detailed results on the economic performance in the 2nd quarter of 2006
Press release
No.
340
/
2006-08-24
As reported by the Federal Statistical Office already in its first release of 14 August, the German gross domestic product (GDP) continued to rise in the second quarter of 2006. The GDP was up 0.9% upon price, seasonal and calendar adjustment compared with the first quarter of 2006; the last time such an increase was recorded was five years ago. The GDP measures the value of the economic performance within the domestic territory. According to the latest calculations, the continuous upward trend of economic growth started already in 2005: A GDP rise of 0.3% in the fourth quarter of 2005 was followed by a marked 0.7% increase at the beginning of 2006.
General government deficit amounting to EUR 28.2 billion in the first half of 2006
Press release
No.
341
/
2006-08-24
According to provisional data of the Federal Statistical Office, net borrowing of general government amounted to EUR 28.2 billion in the first half of 2006. Hence, it was just over EUR 12 billion lower than in the first half of 2005 (EUR 40.5 billion). This trend of net borrowing was particularly due to the development of revenue, which increased 3.2% in the first half of 2006. The fact, however, that expenditure was moderate (+0.6%) during the reference period contributed to the result, too.
First release of data on the economic performance in the 2nd quarter of 2006
Press release
No.
326
/
2006-08-14
The economic performance continued to rise in Germany in the second quarter of 2006. As reported by the Federal Statistical Office, the gross domestic product (GDP) was 0.9% higher than in the first quarter of 2006 upon price, seasonal and calendar adjustment. The GDP reflects the economic performance in the domestic territory. In the first quarter of 2006, the economic performance had increased by 0.7%.
Detailed results on the economic performance in the 1st quarter of 2006
Press release
No.
208
/
2006-05-23
As reported by the Federal Statistical Office already in its first release of 11 May, the German gross domestic product (GDP) rose 0.4% upon price, seasonal and calendar adjustment in the first quarter of 2006 compared with the previous quarter. Thus the economy recovered at the beginning of 2006, following a short stagnation in the last quarter of 2005.
First release of data on the economic performance in the 1st quarter of 2006
Press release
No.
200
/
2006-05-11
As reported by the Federal Statistical Office, the German gross domestic product (GDP) rose 0.4% in the first quarter of 2006 on the previous quarter upon price, seasonal and calendar adjustment, following a stagnation at the end of 2005.
Private consumption expenditure increasing 3% on an annual average since 1991
Press release
No.
114
/
2006-03-13
As reported by the Federal Statistical Office, between 1991 and 2005, the private consumption expenditure of households in Germany increased 3% on an annual average. Until 2000, the increase in private consumption expenditure was stronger and afterwards weaker than the growth of the disposable income of households.
Earnings in 2005: +0.4%, “one-euro jobs“ having a downward effect
Press release
No.
076
/
2006-02-23
As shown by first calculations of the Federal Statistical Office, the average gross earnings of all employees in Germany rose 0.4% to EUR 26,425 in 2005. The consumer price index was up 2.0% in 2005 on 2004.
