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Macro - Country Economic Forecasts - Germany

Publisher Oxford Economics
Published Mar 24, 2025
Length 8 Pages
SKU # OFE19929275

Description

Germany's parliament passed a massive fiscal package last week. We'll revise our March baseline views to reflect the extra spending on defence and infrastructure in our April forecast round. Upward revisions could see GDP growth peak at 2.6% in 2027 and average 1.8% over the next four years, 0.7ppts higher than in February and 0.6ppts higher than in March.

Table of Contents

8 Pages
Germany: Paradigm shift in fiscal policy lifts the growth outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics
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