Survey Reveals Deepening Public Skepticism Towards German Economy Amid Prolonged Stagnation

A recent Allensbach survey highlights a significant decline in public confidence in the German economy, which has seen no growth for six years. According to the survey, 54% of Germans now doubt the competitiveness of domestic companies, a sharp drop from 82% a decade ago. Furthermore, only 19% believe German companies are innovative, down from 35% just last year. Confidence in companies’ ability to secure jobs has also eroded, with only 50% trusting them to maintain employment levels compared to 68% in 2024.

Interestingly, family-owned businesses receive better public ratings, with 42% seeing them as socially responsible and family-friendly, in contrast to only 24% for all companies. The survey also underscores widespread concern about the skilled labor shortage, viewed by 86% of respondents as the greatest threat to economic competitiveness. Other major demands include reducing bureaucracy (82%) and improving location conditions (80%).

While climate protection efforts by companies are acknowledged less, with only 12% recognizing their contributions, there remains an expectation for state intervention, particularly regarding energy cost relief and protections against foreign takeovers, despite a general support for a liberal economic model.

This survey paints a comprehensive picture of German citizens’ growing skepticism towards economic vitality, innovation, and corporate responsibility, reflecting unease over persistent stagnation and workforce challenges.