“Over time, the IMF has repeatedly managed to emerge stronger from crises. However, the external circumstances have rarely been more challenging than they are today,” Federal Finance Minister Christian Lindner and Bundesbank President Joachim Nagel write in a guest article at Handelsblatt. “An IMF that focuses on its core mandate is best placed to strengthen the global economic and monetary system,” they explain in a contribution to mark the IMF’s 80th anniversary. 

Real gross domestic product will probably decline again slightly in the first quarter of 2024, according to the March Monthly Report. The economy continues to experience headwinds from various directions. Domestic and foreign demand for German industrial products went down further. In addition, higher financing costs dampened domestic demand. Moreover, the available survey indicators still provide little evidence of an economic recovery for the coming quarter. 

Germany’s Statistics on International Trade in Services are collected by the Deutsche Bundesbank in order to compile Germany’s Balance of Payments Statistics and serve as the basis for the research data set Statistics on International Trade in Services (SITS).

At the end of December 2022, Germany’s net external assets stood at €2,721 billion, thus amounting to around 70% of nominal gross domestic product (GDP). Both German assets and liabilities vis-à-vis non-residents rose further in 2022.

The library’s vast collection comprises 235,000 media items as well as 2,500 periodicals and may be used by external visitors. The library also has online catalogues, free internet access and a book scanner.

Data of charts (from Q3 2022)