Total factoring volume to GDP in Germany

Germany: Total factoring volume to GDP was 8.8% in 2020. ▲ Rising

Latest (2020)
8.8%
Change on year
up 10.2%
World rank
16th
of 72 countries
All-time high
8.8%
in 2020
All-time low
3.5%
in 2007
Years of data
14
2007–2020

Total factoring volume to GDP in Germany, 2007–2020

024682007201320202007: 3.5 %2008: 4.1 %2009: 3.9 %2010: 5 %2011: 5.8 %2012: 5.9 %2013: 6.3 %2014: 5.9 %2015: 6.8 %2016: 6.6 %2017: 7.6 %2018: 7 %2019: 8 %2020: 8.8 %

Source: Factors Chain International. Measured in %.

Analysis

Germany recorded 8.8% for total factoring volume to gdp in 2020. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 10.2% on the previous year and up 74.7% over ten years.

Over the whole period, total factoring volume to gdp in Germany peaked at 8.8% in 2020 and was at its lowest, 3.5%, in 2007.

That places Germany 16th out of 72 countries with data for 2020, putting it in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.9% 3.5% 4.1% 3
2010s 6.5% 5.0% 8.0% 10
2020s 8.8% 8.8% 8.8% 1

Countries ranked near Germany

  1. 13 United Kingdom 12.4% compare
  2. 14 Singapore 10.5% compare
  3. 15 Greece 9.3% compare
  4. 18 Norway 8.5% compare
  5. 19 Peru 8.3% compare

See the full ranking of 72 places →

More financial sector data for Germany

All data for Germany →

Frequently asked questions

What is total factoring volume to gdp in Germany?
Total factoring volume to gdp in Germany was 8.8% in 2020, according to Factors Chain International.
What is the highest total factoring volume to gdp recorded in Germany?
The highest recorded value was 8.8% in 2020.
What is the lowest total factoring volume to gdp recorded in Germany?
The lowest recorded value was 3.5% in 2007.
How does Germany rank for total factoring volume to gdp?
Germany ranks 16th out of 72 countries with data for 2020.
Is total factoring volume to gdp rising or falling in Germany?
Over the last ten years it is up 74.7%. The long-run trend across the full record is rising.
Where does this Germany data come from?
The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 938 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.