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German balance of payments in February 2022
The German current account recorded a surplus of €20.8 billion in February 2022, up €8.4 billion on the previous month’s level. This was mainly attributable to an increase in the goods account surplus. Conversely, the surplus in invisible current transactions, which comprise services as well as primary and secondary income, contracted slightly.
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Do what you know and leave the rest to the experts: Quantifying the gains from efficient trade Mario Larch, Philipp Meinen, Arne J. Nagengast, Yoto V. Yotov
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A changing economy – should policymakers act? Speech at the New Year’s reception of the Cologne Chamber of Industry and Commerce
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The Rise of China and its Implications for Emerging Markets - Evidence from a GVAR model
1 MB, PDF
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Acquisition of financial assets and external financing in Germany in the fourth quarter of 2017 Results of the financial accounts by sector
At the end of 2017, German households’ financial assets amounted to €5,857 billion, up by €78 billion, or 1.4%, on the third quarter of the year.
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Payment behaviour in Germany in 2021
Cash continues to be the most frequently used means of payment in Germany, although cashless payments are increasing their share. These are the findings of the Bundesbank’s sixth study on payment behaviour in Germany for 2021. Respondents used banknotes and coins to make a total of 58% of their payments for purchases of goods and services, compared with 74% in the Bundesbank’s last major study from 2017. The lower use of cash was mainly due to the increase in online purchases during the coronavirus pandemic.
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Monthly Report: Bundesbank sees benefits in blockchain technology
19.09.2017 DE
In the latest Monthly Report, the Bundesbank’s payment specialists look at distributed ledger technology (DLT).
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German balance of payments in January 2022
Germany’s current account recorded a surplus of €11.0 billion in January 2022, down €13.6 billion on the previous month’s level. The surplus in the goods account declined considerably, with the surplus in invisible current transactions, which comprise services as well as primary and secondary income, contracting even more strongly.
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Outlook for winter increasingly gloomy
22.08.2022 DE FR
Economic output in Germany stagnated in the second quarter of 2022. Although the services providers which had been constrained during the pandemic received a boost, high price increases and uncertainty in connection with the war in Ukraine weighed on households and enterprises, according to the Bundesbank’s latest Monthly Report. In addition, the unfavourable developments on the gas market are clouding the future outlook and, according to the Bundesbank, are increasing the likelihood of a decline in gross domestic product in the fourth quarter of 2022 and the first quarter of 2023.