Our figure of the month
In today's information age we are surrounded by an almost infinite amount of data. Each month, the GWS-WiSo-team selects a particularly interesting economic and/or social topic or question from the multitude of available information, which is highlighted as the "number of the month". The current number as well as the earlier numbers of the month can be found here.
Our figure of the month 12/2021: Buying property has become more expensive for the tenth year in a row
Wage increases cannot keep up with the increase of property prices, which means that affordability continues to decline. This is measured by the price-income ratio (PIR) and shows that in 2021, an average wage earner in Germany has to pay…
Our figure of the month 11/2021: Share of electric cars in all passenger cars
Electric cars are the most discussed topic for the future of mobility. Almost all well-known German vehicle manufacturers are planning to switch to electric vehicles in production over the next few years. Federal and state subsidy…
Our figure of the month 10/2021: Hospitality, tourism and personal service industries with highest employment declines in 2020 due to pandemic
Loss of labour force continues to slow turnover recovery. Employment gains in online retailing, parcel delivery services and the IT sector, among others.
The pandemic has not only led to a drop in turnover in the tourism, hospitality and…
Our figure of the month 09/2021: Trade flows between EU and MERCOSUR countries
After 20 years of negotiations between the EU and the MERCOSUR countries (Brazil, Argentina, Uruguas and Paraguay), agreement was reached on the trade part of the agreement on June 28, 2019. Ratification is still pending, but if the…
Our figure of the month 08/2021: Organic farming
The German government's climate strategy aims to double the share of organic farming in Germany from 10.3% today (2020) to 20% in 2030. This is intended to reduce greenhouse gas emissions from this sector. Between 0.4 and 1.2 million…
Our figure of the month 07/2021: The Dependency Ratio
The pension system in Germany is financed on a pay-as-you-go basis. In very simplified terms, this means that statutory pensions are paid from the gross wages of employees subject to social insurance contributions plus an employer's…
Our figure of the month 06/2021: German IT hardware in low demand despite digitisation push – 18% drop in sales in 2020
Only foreign countries benefit with high import figures
When the Corona pandemic severely curtailed public life last spring, millions of people in Germany were forced to work, study or pass the time at home. Demand for notebooks and…
Our figure of the month 05/2021: Covid-19 significantly changes household consumption patterns
Household consumption has changed massively in the wake of the Covid-19 crisis. For example, the Federal Statistical Office shows that household spending on package holidays has declined by 67.5% compared to 2019. Other uses affected by…
Our figure of the month 04/2021: Housing in eastern Germany is be-coming more and more expensive
The purchase price development for single-family houses1 in the eastern German states has been positive in the past five years and was clearly above the national average with an annual growth rate of 6.5% p.a. weighted by the number of…
Our figure of the month 03/2021: Sales in hospitality industry drop up to 50% in 2020
Accommodation sector (-45%) hit harder by Corona pandemic than gastronomy (-32%)
As one of the industry sectors mostly hit by the Corona pandemic, the hospitality industry suffered high sales losses in the crisis year 2020 compared to the…