Everything on Macroeconomic Trend

Germany's capital stock has aged more rapidly than any other major OECD nation, falling behind Italy and France in modernity. This decline is a primary driver of the country's stagnating productivity growth.

Impact: Aging assets reduce operational efficiency and increase maintenance costs, eroding the competitive advantage of German industries in global markets.

— from Germany's Aging Capital Stock and Investment Crisis · bto – der Ökonomie-Podcast von Dr. Daniel Stelter· Feb 04, 2026