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National accounts, domestic product

National accounts, domestic product

Gross Domestic product

Detailed gross domestic product results for the 1st quarter of 2018

The German economy continued to grow also at the beginning of the year, though at a slower pace. As the Federal Statistical Office (Destatis) already reported in its first release of 15 May 2018, the gross domestic product (GDP) increased 0.3% - upon price, seasonal and calendar adjustment - in the first quarter of 2018 compared with the fourth quarter of 2017. This is the 15th quarter-on-quarter growth in a row, contributing to the longest upswing phase since 1991. Last year, GDP growth rates were higher (+0.7% in the third quarter and +0.6% in the fourth quarter of 2017).

More : Detailed gross domestic product results for the 1st quarter of 2018 …

Mexico as Partner Country at the HANNOVER MESSE 2018 trade show: the country's industry accounts for 18% of gross value added

Industry is of great economic importance both in Germany and in Mexico. The Federal Statistical Office (Destatis) reports this on the occasion of the HANNOVER MESSE trade show which will take place from 23 to 27 April 2018. As figures of the Organisation for Economic Cooperation and Development (OECD) show, in 2016 manufacturing accounted for 18.0% of the national economy of Mexico, this year's Partner Country at the trade show.

More : Mexico as Partner Country at the HANNOVER MESSE 2018 trade show: the country's industry accounts for 18% of gross value added …

2017 saw largest increase of household final consumption expenditure since 1994

Household final consumption expenditure at current prices grew by 3.6% in 2017 year on year. This was the largest increase since 1994. In price adjusted terms, the final consumption expenditure of households rose by 1.9% on a year earlier.

More : 2017 saw largest increase of household final consumption expenditure since 1994 …

National wealth
accounts

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 …

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 2017. 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 …

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 - 1st Quarter 2018

In this subject-matter series the results for the 1st 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 - 1st Quarter 2018

In this subject-matter series the results for the 1st Quarter of 2018 are published for the first time.

National wealth
accounts

Titelbild: Volkswirtschaftliche Gesamtrechnungen, Wichtige Zusammenhänge im Überblick

Fixed assets by sector 1991 - 2016 - released on August 2017

Fixed assets by sector 1991 - 2016 - released on August 2017 (Working document)

Balance Sheet for Instituonal Sectors and the Total Economy

Balance sheets for institutional sectors and the total economy 1999 - 2016

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
Price, seasonally and calendar-adjusted change on the previous quarter in %
1st quarter 2018
Gross domestic product0.3%
Final consumption expenditure of households and NPISHs0.4%
Government final consumption expenditure-0.5%
Gross fixed capital formation1.7%
Exports-1.0%
Imports-1.1%

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), 2018

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