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ifo Economic Forecast for Eastern Germany and Saxony Summer 2021: East German Economy Recovers

Niels Gillmann, Jannik Nauerth, Joachim Ragnitz
ifo Institut, Dresden, 2021

ifo Dresden berichtet, 2021, 28, Nr. 4, 18-23

In 2021, economic output in eastern Germany is expected to grow by 2.4%; in Saxony, GDP is expected to increase by a slightly stronger 3.1% (Germany: 3.3%). In the coming year, the economies of eastern Germany and Saxony are expected to grow by 3.6% and 3.9% respectively (Germany: 4.3%).

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ifo Institut, Dresden, 2021