Global Business Outlook 2026

Germany Economic Forecast: Modest Recovery After Recession

Germany Economic Forecast: Modest Recovery After Recession

Key Questions

What is Germany's economic growth forecast for 2026 and 2027?

After two years of recession and 0.2% growth in 2025, Germany's economy is projected to expand by 0.6% in 2026 and 0.9% in 2027.

What uncertainties are affecting Germany's recovery?

An energy price shock is adding uncertainty to the modest recovery, alongside ECB revisions to inflation and growth forecasts.

Why is Germany's forecast important for European planning?

It serves as a key signal for European economic exposure and helps businesses with supply chain and investment planning across the region.

Germany's economy is forecast to grow 0.6% in 2026 and 0.9% in 2027 after two years of recession, with an energy price shock adding uncertainty. This is a key signal for European exposure and supply chain planning.

Sources (2)
Updated May 26, 2026