Germany's economy is on a sound upward path, as indicated by the Deutsche Bundesbank's semi-annual economic projection. Domestic demand is the chief driver of the current upswing.

The aftermath of the financial and sovereign debt crisis saw a slump in bank lending to non-financial corporations in the euro area, a development which spurred the Eurosystem to respond with an array of non-standard monetary policy measures. The supply of credit began to level off in mid-2013, and it has improved perceptibly since the autumn of 2014.

People in Germany are increasingly making payments without coins and notes, even for fairly small amounts. This is indicated by the Bundesbank’s statistics on the use of cashless payment instruments in 2018, which show that both the number and the total value of cashless transactions rose on the year.

The International Monetary Fund expects moderate economic growth to continue in Germany. At the same time, IMF economists urge Germany to accelerate reforms.