Capital outflows from Germany were as high as last year. More and more companies prefer to invest abroad.
(Photo: Getty Images)
Dusseldorf, Berlin, Washington Olaf Scholz (SPD) couldn’t stop raving. “With this investment, we are catching up with the world leaders in terms of technology,” said the Chancellor, jubilantly about the settlement of the US chip company Intel. It is the largest investment that a foreign company has ever made in Germany. The federal government has released ten billion euros in subsidies for this.
But while the traffic light coalition is congratulating itself on the Intel deal, a gradual investment flight from Germany is taking place elsewhere. In 2022, 132 billion US dollars more direct investment flowed out than was invested in Germany. That was the largest outflow among 46 states. This emerges from a study by the employer-related Institute of the German Economy (IW), which is available to the Handelsblatt.
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