Major German asset managers DWS and Union Investment are predicting a significant economic recovery for Germany this year. In a guest contribution to the newspaper “Bild,” the two CEOs, Stefan Hoops and André Haagmann, stated that they expect the Gross Domestic Product (GDP) to increase by 1.2 percent in 2026. They argued that the German economy is “economically stronger than many believe.”
The managers noted that the German economy had already grown during the first half of 2026. Based on projections, they expect a full-year growth rate of around 1.2 percent, despite ongoing challenges such as the Iran conflict and oil price shocks.
Hoops and Haagmann added that the German economy has recently demonstrated remarkable resilience, with substantial investment taking place within the country. Furthermore, many companies are seeing a surge in orders. They reported that order intake is currently about 6 percent higher than the previous year’s level-a pace they deemed as strong as the growth seen in 2016 and 2017.
Supporting this positive outlook, the number of new businesses started in Germany is at a decade-high. The two executives concluded that “Germany’s entrepreneurial spirit has awakened again,” a trend they believe will continue to have a positive impact in the coming years.
