Economists see gloomy outlook for Germany for years to come #NewsGerman

Economists and economic experts see a gloomy outlook for the German economy in the years to come, a new survey published on Monday suggests.

The study, conducted by Germany’s ifo Institute and the Swiss Economic Policy Institute, found that Germany’s economic growth is likely to be below the average of other industrialized countries not only this year but also in 2026 and 2027.

Almost 1,400 analysts from 125 countries were interviewed in December for the quarterly Economic Experts Survey. This year, the participants expect German growth of 0.4%, lower than in all other industrialized countries. The global economy as a whole could grow by 2.9%.

For 2025 and 2026, the experts surveyed predicted slightly higher growth rates of 1 and 1.3% in Germany, respectively, still below the average of other industrialized countries.

According to the survey, the global economy as a whole could exceed the 3% growth threshold in both years.

“Germany urgently needs a different economic policy that will boost growth again,” said ifo economist Niklas Potrafke. “Germany has lost a great deal of its attractiveness in the international competition between business locations.”