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Germany’s international investment position at the end of 2021
At the end of December 2021, Germany’s net external assets stood at €2,545 billion, thus amounting to around 71% of nominal gross domestic product (GDP). Both German claims and liabilities vis-à-vis non-residents continued to rise in 2021.
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Acquisition of financial assets and external financing in Germany in the second quarter of 2023 Results of the financial accounts by sector
In the second quarter of 2023, households’ financial assets grew by €94 billion, standing at €7,492 billion at the quarter’s end. Following a significant decline in the previous year, this was already the third consecutive quarter-on-quarter increase. Over the second quarter of 2023, households increased their claims by €59 billion and recorded valuation gains of €36 billion.
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Revision policy for the balance of payments and the international investment position (i.i.p.)
22 KB, PDF
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A gravity equation of bank loans Bettina Brüggemann, Jörn Kleinert, Esteban Prieto
434 KB, PDF
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Welcome address Farewell symposium on the occasion of the farewell of our Vice President Claudia Buch and Board Member Joachim Wuermeling.
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German balance of payments in April 2020
Germany’s current account recorded a surplus of €7.7 billion in April 2020,1 putting it €17.9 billion below the March level.
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Heterogeneous households, firms and financial intermediaries: New theory and evidence Prgramme
181 KB, PDF