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Research, background pieces and signed opinion. Before every headline it says what you are reading: background or opinion.

8 reports · Background

BACKGROUNDDATA CHECK

Recalculated: Germany has been growing by 0.3 per cent a year since 2018 – and producing 15 per cent less

From 2018 to 2025 the German economy grew by 2.0 per cent in real terms, the world economy by 22.8 per cent. Industrial production is 15 per cent below the 2018 level – in Austria, in the EU and in Switzerland it is above it. Two charts, calculated from the primary data.

Basis: our own analysis of the databases of the IMF and Eurostat, prompted by the lecture given by Hans-Werner Sinn on 21 October 2026 at the IWP in Lucerne ·

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