The BDI forecasts the real economic output in 2021 to expand by only 2.5 percent (down from 3.0 percent). Due to weaker-than-expected exports and strong imports the GDP-growth-forecast must be adjusted. The Gross Domestic Product (GDP) rose by 1.7 percent compared to the previous quarter following price, calendar, and seasonal adjustment. Fourth quarter GDP would have to exceed third quarter GDP by 1.1 percent to reach pre-crisis levels. German GDP will only get back to pre-crisis levels in 2022.