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Press release 058 / 2018-02-23: Detailed gross domestic product results for the 4th quarter of 2017

The German economy continued to grow at the end of 2017. As the Federal Statistical Office (Destatis) already reported in its first release of 14 February 2018, the gross domestic product (GDP) increased by 0.6% – upon price, seasonal and calendar adjustment – in the fourth quarter of 2017 compared with the previous quarter. 

More : Detailed gross domestic product results for the 4th quarter of 2017 …

Press release 059 / 2018-02-23: General government records surplus of almost 37 billion euros in 2017

Net lending of general government amounted to 36.6 billion euros in 2017 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 (3,263.4 billion euros), the surplus ratio of general government was +1.1%. 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. 

More : General government records surplus of almost 37 billion euros in 2017 …

Press release 060 / 2018-02-23: New orders in main construction industry in December 2017: +16.8% seasonally adjusted on the previous month

Index of new orders in main construction industry, 2010=100, seasonally adjusted

The Federal Statistical Office (Destatis) reports that price-adjusted new orders in the main construction industry in December 2017 increased a seasonally and working-day adjusted 16.8% on November 2017.

More : New orders in main construction industry in December 2017: +16.8% seasonally adjusted on the previous month …

IN FOCUS / 2018-02-20

Wage and income tax statistics 2013:
49% of solidarity surcharge are paid by 10% of all payers

The draft coalition agreement between the CDU, CSU and SPD provides for a gradual phasing out of the solidarity surcharge. The surcharge was introduced in 1991 mainly to finance German unification.
Since 1998 the "Soli" (as it is nicknamed in Germany) has been levied at 5.5% of the income tax on all taxpayers whose annual income tax is more than 972 euros (assessed individuals) or more than 1.944 euros (jointly assessed married couples). From 2021, approximately 90% of all payers are to be fully relieved from paying the surcharge.
According to the 2013 wage and income tax statistics, the solidarity surcharge amounted to a total of roughly 12 billion euros. 90% of the just under 31 million surcharge payers accounted for just over half of that total (51%). The remaining 49% came from those taxpayers who paid the highest amounts of surcharge (10%).

An individually assessed surcharge payer had an average (median) taxable income of 25,964 euros in 2013. On average, that payer contributed 218 euros of solidarity surcharge. An average household of a jointly assessed married couple had a taxable income of 52,165 euros and paid 393 euros of solidarity surcharge (median values in each case).

In 2013, the top 10% of contributors were taxpayers who paid a surcharge of 729 euros or over (assessed individuals) or 1.458 euros (jointly assessed couples). These amounts represented annual taxable incomes of more than 51,057 euros or 102,114 euros, respectively.

Current WISTA edition: young people in the labour market

The transition of young people into the German labour market is obviously rather smooth - the youth unemployment rate in Germany is the lowest in the European Union. But how about the educational and labour force participation of young people in more concrete terms? How do they look for and find a job? Are they prepared to commute longer distances or move to another place to work?

In their article on Young People in the Labour Market published in issue 1/2018 of our WISTA scientific journal, Lisa Günther und Katharina Gawronski analyse the situation of the 15 to 34 year olds in the labour market.

The analysis shows that highly qualified young people frequently gain first work experience during the period of education and most often respond to job advertisements. Compared to people with lower levels of education, they are more likely or prepared to commute or move for work reasons.

Key figures

Population31.03.201782.6 mn
Persons in employment4th Quarter 201744.7 mn
Economic growth (GDP)4th Quarter 20170.6%
Inflation rate (CPI)January 20181.6%
Share in gross domestic product
Net lending20171.1%
Public debt201668.1%

Europe in figures

This photo shows the logo "Europe in figures"

Europe in figures features the wide range of data offered by the European statistical office (Eurostat) and enables comparisons between the EU Member States.

2017 Bundestag election

Logo: The Federal Returning Officer

The election to the 19th German Bundestag was held on 24 September 2017. Information on the election is provided on the website of the Federal Returning Officer.

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