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National accounts, domestic product

National accounts, domestic product

Gross Domestic product

Gross domestic product up 0.6% in the 2nd quarter of 2017

The German economy continues to grow. In the second quarter of 2017, the gross domestic product (GDP) rose 0.6% on the previous quarter after adjustment for price, seasonal and calendar variations. Based on most recent calculations, the Federal Statistical Office (Destatis) also reports that GDP growth in the first quarter of 2017 had been slightly larger (0.7%).

More : Gross domestic product up 0.6% in the 2nd quarter of 2017 …

General government records surplus of nearly 24 billion euros in 2016

Net lending of general government amounted to 23.7 billion euros in 2016 according to updated results of the Federal Statistical Office (Destatis). In absolute terms, this was the highest surplus achieved by general government since German reunification. When measured as a percentage of gross domestic product at current prices (3,132.7 billion euros), the Maastricht ratio of general government was +0.8%. These are data based on the definitions of the European System of Accounts (ESA) 2010; they are used to monitor the budget situation in the EU Member States. 

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National wealth
accounts

17.8 trillion euro capital stock on a gross basis at the end of 2016

At the end of 2016, the replacement value of fixed assets available for production in the national economy amounted to Euro 17.8 trillion. Households owned durable consumer goods - vehicles, furniture and other goods of household equipment - worth 1 trillion euros (almost 2 trillion euros on a gross basis).

More : 17.8 trillion euro capital stock on a gross basis at the end of 2016 …

Input-output-
accounts

"Made in the world" - Resurveying international trade flows

Who are the main international trading partners of individual countries? This question is usually answered on the basis of cross-border trade flows. As an alternative, international work-sharing can be examined by looking at global value-added chains, as has been done by the Organisation for Economic Co-operation and Development (OECD) on the basis of input-output tables. A major result obtained by the OECD is that some newly industrialising countries have a greater weight in international trade than is suggested by the foreign trade data collected according to the traditional concept. Also, the new OECD estimates put into perspective the widespread perception of some countries – such as China – as an overwhelming trading partner.

More : "Made in the world" - Resurveying international trade flows …

EU-Stability pact

The European procedure in the event of an excessive deficit

According to the Treaty establishing the European Community, the member states of the EU are obliged to avoid excessive government deficits (Article 104). That obligation was confirmed by the European Stability and Growth Pact when the EURO was introduced as a common currency in the participating member states. If certain reference values are exceeded in a member state, the excessive deficit procedure, as it is called, is triggered, at the end of which fines amounting to billions may have to be paid.

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AllePressemitteilungen


Overall economic equilibrium: 50th anniversary of the Magic Square

50 years ago, on 8 June 1967, the Law to Promote Economic Stability and Growth (Stability Law) entered into force. Against the background of the 1966/1967 recession, this Law concretises the goal of an overall economic equilibrium. It specifies four individual goals to be achieved at the same time through economic and fiscal policy measures of the Federation and the Länder. These goals are often referred to as the Magic Square of economic and fiscal policy because they cannot always be achieved at the same time without conflicts. The data on the Magic Square over the last 50 years show that the economic development in Germany has been characterised by marked cyclical fluctuations.

Pfeil

More to "50th anniversary of the Magic Square"

Tables

Input-Output-
Accounts

Tables

Input-output accounts


Publications

Domestic product

Titelbild: Volkswirtschaftliche Gesamtrechnungen  Fachserien

National Accounts - Domestic Product - Quarterly results - Fachserie 18 Series 1.2 - 1st Quarter 2017

In this subject-matter series the results for the ´1st quarter of 2017 are published for the first time.

Titelbild: Volkswirtschaftliche Gesamtrechnungen  Fachserien

Seasonally adjusted quarterly results using Census X-12-ARIMA and BV4.1 - Fachserie 18 Series 1.3 - 1st Quarter 2017

In this subject-matter series the results for the 1st Quarter of 2017 are published for the first time.

National wealth
accounts

Titelbild: Volkswirtschaftliche Gesamtrechnungen, Wichtige Zusammenhänge im Überblick

Fixed assets by sector 1991 - 2015 - released on August 2016

Fixed assets by sector 1991 - 2015 - released on August 2016 (Working document)

Balance Sheet for Instituonal Sectors and the Total Economy

Balance sheets for institutional sectors and the total economy 1999 - 2015

This publication presents the balance sheets for the domestic institutional sectors and the total economy. Both non-financial assets, calculated by the Federal Statistical Office, as well as financial assets and liabilities, compiled by the Deutsche Bundesbank, are recorded.

Input-output-accounts
(only in German)

Titelbild: Volkswirtschaftliche Gesamtrechnungen  Fachserien

VGR des Bundes - Input-Output-Rechnung - Fachserie 18 Reihe 2 - 2013 (Revision 2014, Stand: August 2016)

Die Input-Output-Rechnung gibt einen detaillierten Einblick in die Güterströme und die Produktionsverflechtung der Volkswirtschaft. In dieser Publikation werden Ergebnisse der Input-Output-Rechnung für das Jahr 2013 nach dem ESVG (Europäischen System Volkswirtschaftlicher Gesamtrechnungen) 2010 veröffentlicht. Sie sind abgestimmt mit den Ergebnissen der Inlandsproduktsberechnung, Stand: August 2016. Die Aufkommens- und die Verwendungstabelle sind nach 85 Gütergruppen und 63 Wirtschaftsbereichen gegliedert, die Input-Output-Tabellen nach 72 Gütergruppen und 72 Produktionsbereichen.

Ältere Ausgaben zu dieser Veröffentlichung finden Sie im Bereich Publikationen

Additional Information

Key figures

Key data for total economy 2017
Price, seasonally and calendar-adjusted change on the previous quarter in %
2nd quarter 2017
Gross domestic product0.6%
1st quarter 2017
Final consumption expenditure of households and NPISHs0.3%
Government final consumption expenditure0.4%
Gross fixed capital formation1.7%
Exports1.3%
Imports0.4%

EU-GDP

On 29 April 2016, Eurostat published a preliminary GDP flash estimate around 30 days after the end of the reference quarter, starting with the first quarter of 2016.

© Statistisches Bundesamt (Destatis), 2017

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