Press Industry investments in 2020: 14% lower than in the previous year

Investments of 60.8 billion euros in 2020

Press release No. 523 of 16 November 2021

WIESBADEN – In 2020 the German industry invested 60.8 billion euros in tangible fixed assets (for instance machinery, land with buildings, tools). The Federal Statistical Office (Destatis) reports that, compared with a year earlier, this was a decline of just under 9.8 billion euros, or 13.9%, in 2020 which was characterised by the coronavirus crisis.

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