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National accounts, domestic product

National accounts, domestic product

Gross Domestic product

Gross domestic product in the 3rd quarter of 2018 down 0.2% on the previous quarter

The Federal Statistical Office (Destatis) reports that, in the third quarter of 2018, the gross domestic product (GDP) shrank by 0.2% on the second quarter of 2018 after adjustment for price, seasonal and calendar variations. This was the first decline recorded in a quarter-on-quarter comparison since the first quarter of 2015. In the first half of 2018, the GDP had increased, by 0.5% in the second quarter and 0.4% in the first quarter.

More : Gross domestic product in the 3rd quarter of 2018 down 0.2% on the previous quarter …

General government recorded surplus of 48.1 billion euros in the first six months of 2018

Net lending of general government amounted to 48.1 billion euros in the first half of 2018 according to provisional results of the Federal Statistical Office (Destatis). When measured as a percentage of the gross domestic product at current prices (1,671.8 billion euros), this is a surplus ratio of 2.9%. These figures are based on the definitions of the European System of Accounts (ESA) 2010. The budgets of central government, state government, local government and social security funds continued to benefit from both a positive development of employment and economy and moderate spending policies. However, only limited conclusions can be drawn for the annual result from the results for the first six months.

More : General government recorded surplus of 48.1 billion euros in the first six months of 2018 …

National wealth
accounts

18.5 trillion euro capital stock on a gross basis at the end of 2017

At the end of 2017, the replacement value of fixed assets available for production in the national economy amounted to Euro 18.5 trillion.

In national wealth accounts, the Federal Statistical Office provides selected data on non-financial assets of the national economy, in particular on the stock of fixed assets and on the stock of consumer durables of households, while the financial assets are determined by Deutsche Bundesbank. The publication issued jointly with the Deutsche Bundesbank Balance sheets for institutional sectors and the total economy is available published in October 2018. For basic information on the methods of calculating the stock of fixed assets please refer to the paper Measuring capital stock in Germany.

More : 18.5 trillion euro capital stock on a gross basis at the end of 2017 …

8.9 trillion euro pension entitlements of private households from employment-related pension schemes

In light of demographic change and ageing societies, especially in industrialized countries, statistical information on old-age provisions are of increasing importance. To improve statistical coverage of old-age provisions and its comparability between countries, a new table has been introduced with the European System of Accounts (ESA) 2010 which shows for the first time entitlements from employment-related pension schemes in National Accounts based on actuarial model calculations.

More : 8.9 trillion euro pension entitlements of private households from employment-related pension schemes …

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.

More : The European procedure in the event of an excessive deficit …

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 Reihe 1.2 - 2nd Quarter 2018

In this subject-matter series the results for the 2nd quarter of 2018 are published for the first time.

Titelbild: Volkswirtschaftliche Gesamtrechnungen  Fachserien

Seasonally adjusted quarterly results using Census X-12-ARIMA and BV4.1 - Fachserie 18 Reihe 1.3 - 2nd Quarter 2018

In this subject-matter series the results for the 2nd Quarter of 2018 are published for the first time.

National wealth
accounts

Titelbild: Volkswirtschaftliche Gesamtrechnungen, Wichtige Zusammenhänge im Überblick

Fixed assets by sector 1991 - 2017 - released on August 2018

Fixed assets by sector 1991 - 2017 - released on August 2018 (Working document)

Balance Sheet for Instituonal Sectors and the Total Economy

Balance sheets for institutional sectors and the total economy 1999 - 2017

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 - 2014 (Revision 2014, Stand: August 2017)

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 2014 nach dem ESVG (Europäischen System Volkswirtschaftlicher Gesamtrechnungen) 2010 veröffentlicht. Sie sind abgestimmt mit den Ergebnissen der Inlandsproduktberechnung, Stand: August 2017. 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
Price, seasonally and calendar-adjusted change on the previous quarter in %
3rd quarter 2018
Gross domestic product-0.2%
2nd quarter 2018
Final consumption expenditure of households and NPISHs0.3%
Government final consumption expenditure0.6%
Gross fixed capital formation0.5%
Exports0.7%
Imports1.7%

EU-GDP

Since 2016, Eurostat publishes 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), 2018

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