Real GDP
outputCLVMNACSCAB1GQDE
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Economic indicator correlations for Germany. See how 12 macro indicators move together and how Germany's GDP correlates with other major economies.
Coverage
Real GDP
outputCLVMNACSCAB1GQDE
CPI (YoY)
pricesCPALTT01DEM657N
Unemployment Rate
laborLRHUTTTTDEM156S
3-Month Interbank Rate
ratesIR3TIB01DEM156N
10-Year Bond Yield
ratesIRLTLT01DEM156N
Industrial Production
outputDEUPROINDMISMEI
Exports
tradeXTEXVA01DEM664S
Imports
tradeXTIMVA01DEM664S
Consumer Confidence
confidenceCSCICP03DEM665S
M1 Money Supply
monetaryMANMM101DEM189S
PPI Manufacturing
pricesPIEAMP01DEM661N
Retail Trade
outputSLRTTO01DEM657S
Intra-Country
#1
3-Month Interbank Rate vs 10-Year Bond Yield
Corr +89%796 pts
2.571
#2
Unemployment Rate vs 10-Year Bond Yield
Corr +66%423 pts
1.739
#3
Real GDP vs Industrial Production
Corr +65%132 pts
1.379
#4
Exports vs Imports
Corr +45%913 pts
1.330
#5
Unemployment Rate vs Consumer Confidence
Corr -46%397 pts
1.191
#6
Unemployment Rate vs 3-Month Interbank Rate
Corr +43%423 pts
1.121
#7
Real GDP vs Exports
Corr +49%140 pts
1.062
#8
Industrial Production vs Exports
Corr +36%794 pts
1.033
#9
3-Month Interbank Rate vs Consumer Confidence
Corr -27%613 pts
0.767
#10
Industrial Production vs Imports
Corr +21%794 pts
0.601
#11
Real GDP vs Imports
Corr +28%140 pts
0.600
#12
Imports vs PPI Manufacturing
Corr +23%335 pts
0.575
#13
10-Year Bond Yield vs Consumer Confidence
Corr -18%613 pts
0.509
#14
Exports vs PPI Manufacturing
Corr +19%335 pts
0.472
#15
3-Month Interbank Rate vs PPI Manufacturing
Corr -17%335 pts
0.437
Cross-Country
Level series (rates, unemployment, confidence) are used as-is; flow/stock series (GDP, trade, money supply, housing, prices) use period-over-period growth (%). Pairwise Pearson correlations. Ranking score = absolute correlation × log10(overlap + 1).
Minimum overlap filter: 20 data points.
Diagnostics
M1 Money Supply (MANMM101DEM189S): FRED request failed with status 400 Bad Request.
Retail Trade (SLRTTO01DEM657S): FRED request failed with status 400 Bad Request.