23, Sep 2020, EDT.

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Country or Region: Germany › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Germany indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP for Germany in year 2015 is -0.111 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

This makes Germany No. 3 in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Germany is 0.12 more than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Germany was -0.20 % Output Gap, Percent of Potential GDP for Germany in 2015 was or will be 44.22% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Germany was or will be 0.01 %, which is 109.91% less than the 2015 figure.