The war in Ukraine and the energy crisis have led to losses in Germany's prosperity of around 160 billion euros. The federal government had assumed average price-adjusted economic growth of around 3.0 percent annually in 2022 and 2023.
In fact, GDP only increased by 0.7 percent annually. The government is aware that there is a "glaring loss of prosperity," left-wing MP Jörg Cezanne told the AFP news agency. Compensatory measures against the high gas and electricity prices were not enough, and the debt brake hindered necessary investments, he said. The answer was available to the AFP on Thursday (April 18, 2024), but the ministry emphasized that the bill is not fully informative. The basis for the calculation is a calculation by the Hans Böckler Foundation. According to this calculation, Germany lost five percent of its gross domestic product annually as a result of the Ukrainian war.