Germany — Market Overview
🇩🇪 Germany
Germany remains the benchmark for Europe's industrial cycle, so its market is unusually sensitive to external demand, factory momentum, energy costs, and how quickly exporters can defend margins. The cleanest read usually comes from export manufacturing, the auto and capital-goods cycle, and whether euro-area rates are tight enough to pressure domestic demand while external orders are softening.
Regionale Karte
Eckdaten
Germany auf einen Blick
Capital
Currency
Primary exchange
Central bank
Region
Time zone
Quelle: Destatis,
Country dashboard
Warum dieser Markt wichtig ist
This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.
Makro-Explorer
Variablen wechseln, den Länderkontext behalten
These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.
Real GDP growth
Quarterly real GDP growth from OECD Quarterly National Accounts.
Verfügbare Variablen
Handel und Außenposition
Exporte, Dienstleistungen und Außenbilanz
Statt einer generischen Wand aus Makro-Karten konzentriert sich dieser Abschnitt darauf, wie das Land Nachfrage aus dem Ausland gewinnt, wo sein Handelsvorteil liegt und wie sich die Außenbilanz entwickelt.
The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Germany is capturing across both physical products and higher-value intangible flows.
This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.
This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Germany is strongest in higher-margin, knowledge-intensive, and branded service activities.
Rohstoff-Perspektive
Rohstoff-Exposure
Goods made up 78.0% of total exports in 2024, leaving services at 22.0%.
Goods made up 71.9% of total imports in 2024, leaving services at 28.1%.
This was the biggest WTO merchandise export group for Germany in 2024.
This was the biggest WTO merchandise import group for Germany in 2024.
Goods exports minus goods imports in 2024. A surplus here shows whether merchandise trade supports or drags on the overall external balance.
Quelle: WTO bulk download page,
Worauf man achten sollte
Leserahmen
export manufacturing
Germany should first be read through export manufacturing. When this regime shifts, local multiples and sector leadership usually shift with it.
energy and input costs
The cleanest read usually comes from export manufacturing, the auto and capital-goods cycle, and whether euro-area rates are tight enough to pressure domestic demand while external orders are softening. That makes energy and input costs one of the most important signals for revising the country narrative.
euro-area rate regime
The final layer is euro-area rate regime, because it determines whether the macro backdrop turns into sustainable earnings support for the DAX.
Weitere Länder
Weiter durch Europe
Jede Karte öffnet dieselbe Ländervorlage mit eigener Karte, umschaltbaren Makrovariablen und Benchmark-Ansicht. Dies ist das erste verknüpfte Netzwerk von Länderseiten in der Region.
Europe
🇪🇺 European Union
The world's largest single market — 27 member states sharing monetary union, a common regulatory framework, and the euro, governed by ECB policy emanating from Frankfurt.
Europe
🇫🇷 France
A diversified euro-area market with global luxury, industrial, healthcare, and utility champions at its core.
Europe
🇮🇹 Italy
A value-heavy market tied to banks, utilities, luxury, and the interaction between sovereign risk and domestic funding costs.
Europe
🇳🇱 Netherlands
A small open market with outsized exposure to semis, global trade, healthcare, and European logistics.
Europe
🇪🇸 Spain
A service-heavy euro-area market that trades through tourism, banks, utilities, and domestic demand recovery.
Europe
🇬🇧 United Kingdom
A global, income-heavy market where energy, financials, sterling, and international revenue exposure dominate the tape.
Real GDP growth
Was das signalisiert
GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is higher by 62.6%, which points to an improving or firmer backdrop on this measure. Across the displayed window, the broader trend is still downward.