Suitable for enterprise usage. Four sectors dominate German industry: the automotive, mechanical engineering, chemical and electrical industry. Latest available data for a fixed period, Yet there is still a constantly growing demand for labour. Ratios, Survey of Household Economics and Decisionmaking, Industrial Production and Capacity Utilization - G.17, Factors Affecting Reserve Balances - H.4.1, Federal Reserve Community Development Resources, annual revision to industrial production and capacity utilization, Revision of Industrial Production and Capacity Utilization, Summary: Industrial Production and Capacity Utilization, Chart 1: Industrial Production, Capacity, and Capacity Utilization, Chart 2: Industrial Production and Capacity Utilization, Chart 3: Industrial Production of Selected Industries, Table 1: Industrial Production: Market and Industry Groups (percent change), Table 2: Industrial Production: Special Aggregates and Selected Detail (percent change), Table 4: Industrial Production Indexes: Market and Industry Group Summary, Table 5: Industrial Production Indexes: Special Aggregates, Table 6: Diffusion Indexes of Industrial Production, Table 7: Capacity Utilization: Manufacturing, Mining, and Utilities, Table 8: Industrial Capacity: Manufacturing, Mining, and Utilities (percent change), Table 9: Industrial Production: Gross Value of Products and Nonindustrial Supplies, Table 10: Gross-Value-Weighted Industrial Production: Stage-of-Process Groups, Table 11: Historical Statistics for IP, Capacity, and Utilization: Total Industry, Table 12: Historical Statistics for IP, Capacity, and Utilization: Manufacturing, Table 13: Historical Statistics for IP, Capacity, and Utilization: Total Industry excluding Selected High-Technology Industries, Table 14: Historical Statistics for IP, Capacity, and Utilization: Manufacturing excluding Selected High-Technology Industries, Table 15: Industrial Production: Reliability Estimates. European Commission | Choose your language | Choisir une langue Global players are Volkswagen, Daimler, BMW (all automotive), BASF, the worlds largest chemical company with around 118,000 employees, and Siemens (electrical). German industrial output declines in August | Reuters This included two lockdowns, the temporary closure of borders with other countries and in part substantial restrictions on private and economic activities. Economic Indicators Business. 227,082. Banks, New Security Issues, State and Local Governments, Senior Credit Officer Opinion Survey on Dealer Financing Germany Industrial Production OCT 2023 - api.estimize.com Organisation for Economic. 4 sectors dominate industry in Germany: the automotive, mechanical engineering, chemical and electrical industries. German industrial output falls more than expected in December Industry - Industrial production - OECD Data This indicator is measured in an index based on a reference period that expresses change in the volume of production output. World Bank national accounts data, and OECD National Accounts data files. Both the degree of maturity and quality of the results differ from those of official statistics, especially regarding harmonisation, coverage and methodology. Economists had forecast production to climb 1 percent. This assumption looks fine when viewed from the perspective of Cobb-Douglas production functions or of steady-state growth with Harrod-neutral progress. Germany Industrial Production | Moody's Analytics - economy.com OCT 2023 Reports 12/07/23 0 estimates . Agriculture in Germany - statistics & facts | Statista Employee representation is also regulated by law in Germany. the United States, Structure and Share Data for U.S. Offices of Foreign In the course of the global climate debate, the government has called for the further development of the social market economy to a social-ecological market economy. Index of unfilled orders in manufacturing, Investments of the largest economic branches, 2020, Rebasing the short-term indices for industry to the year 2015(PDF, 365KB, File meets accessibility standards), Seasonal adjustment of short-term statistics using X-12-ARIMA and X13 in JDemetra+(PDF, 554KB, File meets accessibility standards), Digital process data from truck toll collection as new building block of official short-term statistics(PDF, 526KB, File meets accessibility standards), New statistics on unfilled orders in industry(PDF, 358KB, File meets accessibility standards). Infrastructures, International Standards for Financial Market From now on, the website of the Federal Statistical Office will show the Land indices every month at the same time as the truck toll mileage index for Germany. Trade unions have a key role to play in the German economy. Industrial Production and Capacity Utilization: Summary Seasonally adjusted [r] Revised. Selected indicators for Germany Population 83.2 million Growth rate: <%population-growth-rate%>% Income inequality Equality Inequality Education Mathematics 14 /41 Rank 17 /41 Rank CO 2 emissions 7.5 tonnes per capita GDP 64 101 US$ per capita Gross domestic product (GDP) Total, US dollars/capita, 2022 Selected data only (.csv) Most durables industries posted losses; wood products posted the largest drop, of 2.9percent, followed by nonmetallic mineral products, which fell 2.6percent. Industrial enterprises which are included in the survey of the ifo Institute give a monthly statement if they have been affected by impediments to production caused by scarce raw materials and intermediate products. The biggest segments within Manufacturing are: machinery and equipment (12 percent of total production); motor vehicles, trailers and semi-trailers (12 percent); basic metals and fabricated metal products (10 percent); and computers, electronic and optical products and electrical equipment (10 percent). The Federal Reserve Board issued its annual revision to the indexes of industrial production (IP) and the related measures of capacity utilization on March 28, 2023. Board of Governors of the Federal Automobile Production | VDA With 1.1 million employees, mechanical engineering is the largest industry in Germany, but it is dominated by SMEs. Companies rely heavily on automation, digital technologies and artificial intelligence. Infrastructures, Payments System Policy Advisory Committee, Finance and Economics Discussion Series (FEDS), International Finance Discussion Papers (IFDP), Estimated Dynamic Optimization (EDO) Model, Aggregate Reserves of Depository Institutions and the API users can feed a custom application. 0.0% Copy the URL to open this chart with all your selections. Industrial Production in European Union averaged 1.29 percent from 1992 until 2023, reaching an all time high of 40.80 percent in April of 2021 and a record low of -27.60 percent in April of 2020. Current population of germany Find tables GENESIS-Online Database Press releases 28 April 2023 Import prices in March 2023: -3.8% on March 2022 The index of import prices decreased by 3.8% in March 2023 compared with the corresponding month of the preceding year. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The rate for mining was 4.7percentage points above its long-run average, while the rate for utilities remained substantially below its long-run average. General government debt, % of GDP, 2021, Household debt: German industrial output grows more than expected in September Key information about Germany Industrial Production Index Growth. . Real GDP forecast, Annual growth rate (%), 2024, Household debt, % of net disposable income, 2021 Saturday, 29 April 2023 ePaper The inflation rate in Germany is expected to be +7.2% in April 2023. Exclusive news, data and analytics for financial market professionals, Reporting by Miranda Murray, editing by Rachel More, JPMorgan snaps up First Republic's assets in U.S. auction, Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale, As oil output peaks, US Gulf of Mexico makes room for carbon capture, India collects record goods and services tax in April - statement, FDIC report to reopen U.S. bank deposit insurance debate, Factbox: JPMorgan's deal for collapsed First Republic explained, Biopharma firm Acelyrin seeks $1.5 bln valuation in US IPO, JPMorgan buys First Republic Bank's assets. Behind the Label - MAN ETES to decarbonize the heat supply **) The figures for productioin abroad of CV over 6 t GVW is not published. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Subscribe here: Global corporations are investing in Germany, How companies use artificial intelligence, Two BASF employees at an inspection tour at the Ludwigshafen plant. This is higher than the long term average of 0.06%. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. (1965). Includes 306 key indicators for Germany, curated by CEIC analysts. More Citation Please cite this indicator as follows: White label accounts can distribute our data. Workplaces are also subject to binding occupational safety requirements. In addition, the estimation methods for some series were changed. Germany Industrial Production Rebounds In September Use this code to embed the visualisation into your website. Germany industrial production - Analysis - Free Historical Data - MacroVar The German success model of the social-ecological market economy is based on the aspiration to achieve economic success while maintaining social equity and meeting ecological requirements. Gustav-Stresemann-Ring 11 These are obtained by using new data sources and methods. Statistical information which reflects the effects of the pandemic is available on this special webpage of the Federal Statistical Office. Construction accounts for 11 percent of total output; and energy production accounts for 10 percent. German industrial output rises more than expected in January Germany - The economy, 1890-1914 | Britannica Signs of Recession for Europe's Largest Economy - Statista Infographics In Germany, industry is the foundation for growth much more so than in other countries Prosperity. Industrial production refers to the output of industrial establishments and covers sectors such as mining, manufacturing, electricity, gas and steam and air-conditioning. source: Federal Statistical Office 1Y 5Y 10Y 25Y MAX Chart Compare Export API Embed Germany Industrial Production . Substantial investments in research and development are typical of German industry, which is well-known worldwide for its innovative strength. Germany manufacturing output for 2020 was $727.55B, a 4.32% decline from 2019. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. 2015) and the Prime Minister's Industry 4.0 Taskforce (est. Capacity utilization for manufacturing moved down 0.5percentage point in March to 78.1percent, a rate that is 0.1percentage point below its long-run average. We source the data from the FSO and Deutsche . German industrial production dropped by 0.2% month-on-month in December, from an upwardly revised +0.3% the previous month. All quotes delayed a minimum of 15 minutes. Find all indicators on Innovation and Technology. Any modifications to the methods for estimating the output of an industry affected the index from 1972 to the present. In the past, it was referred to as the enterprise though, in the sense of the EU Regulation on statistical units, it was a legal unit. This site uses cookies to optimize functionality and give you the best possible experience. Instant access to full history data in excel. Results concerning enterprises in structural business statistics are based on the common EU enterprise definition - as specified by the EU Regulation on statistical units - for the first time for reference year 2018. among export nations, behind China and the USA. . The data reached an all-time high of 29.7 % in Apr 2021 and a record low of -25.4 % in Apr 2020. At 3.00 am ET, Destatis is slated to issue Germany's industrial production for September. That is more that the population of Denmark. The reason is that the production of motor vehicles powered wholly or partly by electricity has become much more important in Germany and could not be adequately represented with the statistical calculation method used for that industry. The data reached an all-time high of 113.903 2010=100 in 2018 and a record low of 27.336 2010=100 in 1958. Germany and U.S. 10-year government bond yields 2008-2022; (provisional), 84.3mn The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Mechanical engineering is characterized by small and medium-sized enterprises. provides the nation with a safe, flexible, and stable monetary and Insights . The President of the Federal Statistical Office is traditionally also the Federal Returning Officer who carries responsibility for the conduct of elections to the German Bundestag and to the European Parliament. This enables a much more efficient connection of the Supply Chain and better organisation within any production environment. Germany DE: Industrial Production Index data is updated yearly, averaging 76.216 2010=100 from Dec 1958 to 2021, with 64 observations. Capacity utilization moved up to 79.8 percent in March, a rate that is 0.1 percentage point above its long-run (1972-2022) average. Foreign Banks, Charge-Off and Delinquency Rates on Loans and Leases at 65189 Wiesbaden, Europe in figures features the wide range of data offered by the European statistical office (Eurostat) and enables comparisons between the EU Member States. Germany took a number of measures in 2020 to contain the global Covid-19 pandemic. Entry level access to the CEIC platform for individual users. was the export ratio in the manufacturing sector in 2021. were registered in 2021: Germany is the innovation champion of Europe. Jump to content Menu ENABLING YOU TO SHAPE A BETTER TOMORROW Insights. The stock of orders was 0.9% higher than in February 2022. Practices, Structure and Share Data for the U.S. Offices of Foreign It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. BERLIN, March 8 (Reuters) - German industrial production rose significantly more than expected in January, increasing by 3.5% on the previous month, the federal statistical office said on Wednesday. Organisation for Economic. Germany is very popular among jobseekers, especially those from the European Union. A single cookie will be used in your browser to remember your preference not to be tracked. Nondurable consumer goods, business supplies, and energy materials all recorded notable gains as a result of the jump in the output of utilities. The production index measures the monthly performance of the industry in Germany. New orders in manufacturing (volume index): WZ08-28 Manufacture of machinery and equipment n.e.c. Index of production in manufacturing: manufacture of machinery and equipment, Persons employed and turnover of local units in manufacturing: WZ08-20 Manufacture of chemicals and chemical products, New orders in manufacturing (volume index): WZ08-20 Manufacture of chemicals and chemical products, WZ08-21 Manufacture of basic pharmaceutical products and preparations, Turnover in manufacturing (volume index): WZ08-20 Manufacture of chemicals and chemical products, WZ08-21 Manufacture of basic pharmaceutical products and preparations, Index of production in manufacturing: manufacture of chemicals and chemical products, Persons employed and turnover of local units in manufacturing: manufacture of basic iron and steel and of ferro-alloys, New orders in manufacturing (volume index): WZ08-241 Manufacture of basic iron and steel and of ferro-alloys, Turnover in manufacturing (volume index): WZ08-241 Manufacturing of basic iron and steel and of ferro-alloys, Index of production in manufacturing: manufacture of basic iron and steel and of ferro-alloys, Persons employed and turnover of local units in manufacturing: WZ08-13 Manufacture of textiles, WZ08-14 Manufacture of wearing apparel, New orders in manufacturing (volume index): WZ08-13 Manufacture of textiles, WZ08-14 Manufacture of wearing apparel, Turnover in manufacturing (volume index): WZ08-13 Manufacture of textiles, WZ08-14 Manufacture of wearing apparel, Index of production in manufacturing: manufacture of textiles, manufacture of wearing apparel, Persons employed and turnover of local units in manufacturing by years and economic activities, Persons employed and turnover of local units in manufacturing by Lnder, years and economic activities, Persons employed and turnover of local units in manufacturing by years, employee size classes and economic activities, Enterprises, persons employed, turnover and investments in manufacturing and mining by years and economic activities, Rebasing the short-term indices for industry to the year 2015, Seasonal adjustment of short-term statistics using X-12-ARIMA and X13 in JDemetra+, Digital process data from truck toll collection as new building block of official short-term statistics, New statistics on unfilled orders in industry.

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