Productivity Profile of Germany
The Council of Economic Experts is the appointed National Productivity Board of Germany as of August 1st, 2019. It was originally set up in 1963 as an independent academic body advising German policymakers on questions of economic policy, aimed at assessing the macroeconomic development of Germany. It also aims to aid the public and relevant institutions in making informed judgments about economic developments.
The Federal Ministry of Economic Affairs and Energy (BMWi) also conducts analysis related to productivity issues.
Several independent (private and public) economic research institutions study productivity performance, its determinants and policy implications. Moreover, they have close links with local universities. These include:
German Council of Economic Experts: Annual Report 2019/20: Dealing with Structural Change;
OECD: Improving Skills and their Use in Germany (2018), Boosting Productivity and Preparing for the Future of Work in Germany (2018); Boosting Investment Performance in Germany (2016)
Bertelsmann Foundation: Frontiers und Laggards: Die Produktivitätsenrwicklung deutscher Unternehmen, Produktivität für Inklusives Wachstum (2019)
Click here to access our Compare-Your-Country tool and explore productivity data from the GFP member countries.
Latest OECD Recommendations
- To improve the insolvency framework, ease the conditions for bankrupt entrepreneurs to be discharged of debt after three years while maintaining adequate safeguards for creditors;
- Create a one stop shop to process all procedures for starting up a company online;
- Reduce restrictive regulation in the professional services and government ownership in business sector activities;
- Further strengthen infrastructure investment including in high-speed broadband, low-emission transport, roads, schools, housing, energy, waste and water;
- Strengthen general education within vocational schools while maintaining the strong labour market orientation of vocational education and training;
- Offer more training programmes for the modular acquisition of qualifications in lifelong learning and foster the recognition of skills acquired on-the-job.