German economy: Export surprise lifts growth, domestic demand yet to get going

Infographic of September 10, 2026

Infographic of the DIW-Weekly Report 36/2026 titled “German economy: Export surprise lifts growth, domestic demand yet to get going!” showing annual German GDP growth rates from 2019 to 2028. The horizontal axis represents years, and the vertical axis shows year-on-year GDP growth in percent, ranging approximately from -8% to +8%. A stacked bar chart displays the contributions of consumption, investment, exports, and imports to economic growth. GDP growth is shown as 1.1% in 2019, -4.0% in 2020, 4.0% in 2021, 1.9% in 2022, -1.0% in 2023, 0.0% in 2024, 0.2% in 2025, 1.2% in 2026, 1.0% in 2027, and 0.7% in 2028. Historical data and forecast values are distinguished, with forecasts covering the later years of the timeline. The chart indicates a strong decline in 2020, a rebound in 2021, weak or negative growth between 2023 and 2025, and moderate positive growth from 2026 onward. Source: DIW Economic Forecast Autumn 2026.

Topics: Business cycles , Public finances

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