The exports of ICT services in Germany showed a volatile yet upward trend from 2013 to 2023. The value increased from 22.867 billion USD in 2013 to 44.004 billion USD in 2023. Initially, there were periods of decline, specifically in 2013 (-9.7%) and 2014 (-6.52%). However, the trend shifted positively from 2016 onwards, peaking in 2021 with a significant 17.31% year-on-year growth. As of 2023, the exports stood at 44.004 billion USD, showing a healthy 4.53% increase from the previous year. The CAGR from 2018 to 2023 was 5.55%, indicating consistent yearly growth.
For future trends, the forecast from 2024 to 2028 suggests a steady increase in ICT service exports, anticipating a 15.97% total growth over five years with an average annual growth rate (CAGR) of 3.01%. Key trends to watch include the impact of technological advancements, evolving global digitalization, and shifts in international trade policies, which could influence future export performance.
