Germany’s financial links with the rest of the world continued to increase in 2012.

The March 2023 Monthly Report describes how the German balance of payments developed in 2022. It also discusses the significance of digitalisation for labour productivity. An additional article covers the profitability and financing of German enterprises in 2021.

German direct investment abroad totalled €1,277 billion at the end of 2018. This represents an increase of €70 billion on the year. The United States was again the most important destination for German direct investors, with a figure of €361 billion.

The Governing Council today decided to keep the three key ECB interest rates unchanged. Its updated assessment reconfirms that inflation should stabilise at its 2 % target in the medium term.

Germany’s financial ties with the rest of the world intensified further in 2011, partly due to the crisis. However, growth in cross-border positions was significantly weaker than one year previously.

Im Februar 2013 wies die saisonbereinigte Leistungsbilanz des Euro-Währungsgebiets einen Überschuss von 16,3 Mrd € auf. In der Kapitalbilanz waren bei den Direktinvestitionen und Wertpapieranlagen zusammengenommen Nettokapitalabflüsse in Höhe von annähernd 11 Mrd € (nicht saisonbereinigt) zu verzeichnen.