According to the latest Germany economy forecast published by the International Monetary Fund (IMF) in October 2009 the country's economy will experience its largest contraction in at least the last 29 years (since 1980).
Specifically, the IMF predicts that the German real GDP will shrink in 2009 at an average rate of -5.3%, after having grown by 1.2% in 2008 and 2.5% in 2007.
Germany's economy is predicted to post minimal real growth of 0.3% in 2010, which is expected to accelerate to 1.5% in 2011 and rise to 1.8% by 2013. The graph below presents historical real GDP growth rates for the German economy from 2004 to 2008 and annual forecasts for the period 2009-2013.
Germany Economy Forecast October 2009
Sources: IMF, www.Property-Investing.org
IMF's latest Germany economic forecast predicts also that the inflation rate will drop from 2.8% in 2008 to almost zero over the period 2009-2011 and rise to 0.5% by 2013. The graph below shows historical and forecast inflation rates for the German economy.
Germany Economic Forecast October 2009
Sources: IMF, www.Property-Investing.org
|
Search Our Over 300-Page Website!
|
Search Our Over 300-Page Website!
GLOBAL MARKET CONDITIONS - OUTLOOK
India Economy Forecast, October 2009
China Economy Forecast, October 2009
UK Economy Forecast, October 2009Australia Economy Forecast, October 2009
Canadian House Prices Increased in July 2009
MBA Upgrades US Growth Forecast in September 2009
International Real Estate Investment Activity in the US, May 2008-May 2009
Forecast of UK House Prices, August 2009
Global Economic Forecast September 2009
US Economy Forecast August 2009
Canada Home Price Trends 2
Canada Home Price Trends 1
Global Real Estate Stocks: Trends in the First Half of 2009
Return from Germany Economy Forecast to Market Watch
