Germany – GDP 3Q2013

by Eduardo Petazze
The German Real Gross Domestic Product (GDP) rose 0.3% Q/Q (+1.1% Y/Y) in the 3Q2013
2013 GDP - First provisional calculations of the Federal Statistical Office
By 2013 it is estimated that the GDP will grow by 0.4% from 2012
Real (2005) prices GDP – NSA
Million
euros

GDP

Y/Y

Private
consumption

2009
2,284,070 -5.15%
1,336,812
2010
2,375,604 4.01%
1,350,699
2011
2,454,848 3.34%
1,381,870
2012
2,471,698 0.69%
1,392,326
2013
2,482,033 0.42%
1,404,247
2012Q1
615,825 1.80%
335,240
2012Q2
611,654 0.56%
347,199
2012Q3
630,006 0.41%
356,675
2012Q4
614,213 0.00%
353,211
2013Q1
606,205 -1.56%
333,933
2013Q2
617,104 0.89%
351,512
2013Q3
636,957 1.10%
362,099
2013Q4
621,768 1.23%
356,702
Own estimate (based on official provisional calculations)

Y/Y
0.21%
1.04%
2.31%
0.76%
0.86%
1.74%
0.78%
0.04%
0.55%
-0.39%
1.24%
1.52%
0.99%

Government
consumption
453,949
459,667
464,257
468,805
473,962
117,230
114,998
116,458
120,120
117,616
115,644
116,980
123,722

Y/Y
3.02%
1.26%
1.00%
0.98%
1.10%
1.82%
0.48%
1.07%
0.56%
0.33%
0.56%
0.45%
3.00%

GFCF
391,082
424,512
451,622
429,361
426,589
114,663
102,524
116,094
96,081
109,314
102,774
120,156
94,345

Y/Y
-14.69%
8.55%
6.39%
-4.93%
-0.65%
-0.48%
-7.29%
-5.58%
-6.60%
-4.66%
0.24%
3.50%
-1.81%

Exports
1,004,406
1,156,902
1,249,522
1,289,501
1,298,775
323,765
321,697
322,663
321,376
314,230
325,167
325,029
334,349

Y/Y
-12.98%
15.18%
8.01%
3.20%
0.72%
4.59%
4.63%
3.18%
0.50%
-2.95%
1.08%
0.73%
4.04%

Imports

Y/Y

902,562
1,015,555
1,090,723
1,106,403
1,121,539
274,332
274,312
281,419
276,340
268,389
277,565
286,800
288,785

-7.79%
12.52%
7.40%
1.44%
1.37%
4.03%
2.20%
0.68%
-0.99%
-2.17%
1.19%
1.91%
4.50%

Imports

Q/Q

901,377
1,012,062
1,088,113
1,107,889
1,121,539
276,019
277,986
278,147
275,738
274,192
279,492
281,761
286,095

-7.78%
12.28%
7.51%
1.82%
1.23%
0.15%
0.71%
0.06%
-0.87%
-0.56%
1.93%
0.81%
1.54%

Discrepancy
382
-621
-1,699
-1,892
-0
-741
-452
-464
-235
-499
-429
-507
1,434

Real GDP – SA
Million
euros

GDP

Q/Q

Private
consumption

2009
2,282,568 -5.08%
1,337,498
2010
2,370,599 3.86%
1,350,274
2011
2,451,178 3.40%
1,381,282
2012
2,473,144 0.90%
1,391,117
2013
2,482,033 0.36%
1,404,247
2012Q1
618,759 0.66%
347,240
2012Q2
618,258 -0.08%
347,240
2012Q3
619,482 0.20%
348,220
2012Q4
616,645 -0.46%
348,416
2013Q1
616,645 0.00%
349,364
2013Q2
621,094 0.72%
351,521
2013Q3
623,096 0.32%
351,880
2013Q4
621,198 -0.30%
351,481
Own estimate (based on official provisional calculations)

Q/Q
0.34%
0.96%
2.30%
0.71%
0.94%
-0.01%
0.00%
0.28%
0.06%
0.27%
0.62%
0.10%
-0.11%

Government
consumption
453,949
459,666
464,257
468,805
473,962
117,269
116,685
117,384
117,467
117,635
117,384
117,916
121,027

Q/Q
3.02%
1.26%
1.00%
0.98%
1.10%
0.35%
-0.50%
0.60%
0.07%
0.14%
-0.21%
0.45%
2.64%

GFCF
389,517
422,072
450,527
430,696
426,589
110,610
108,085
106,145
105,857
106,385
106,693
109,870
103,640

Q/Q
-14.85%
8.36%
6.74%
-4.40%
-0.95%
-1.03%
-2.28%
-1.79%
-0.27%
0.50%
0.29%
2.98%
-5.67%

Exports
1,002,522
1,151,365
1,245,133
1,292,557
1,298,775
320,198
324,817
326,425
321,117
317,809
325,529
325,782
329,656

Q/Q
-12.96%
14.85%
8.14%
3.81%
0.48%
1.69%
1.44%
0.50%
-1.63%
-1.03%
2.43%
0.08%
1.19%

Discrepancy
459
-717
-1,908
-2,143
-0
-540
-582
-546
-475
-356
-540
-592
1,488