German Bureaucracy Costs Economy €146 Billion Annually

A study highlights the urgent need for reform and digitalization to unlock economic growth potential.

The Ifo Institute's study reveals that excessive bureaucracy costs Germany up to €146 billion in economic output each year.
Digitalizing administrative processes to match Denmark's level could recover €96 billion of lost economic potential.
The study emphasizes the need for comprehensive reform, surpassing the current EU bureaucracy reduction efforts.
Business leaders call for a moratorium on new regulations and a review of existing documentation and compliance requirements.
Despite EU-wide initiatives to curb bureaucracy, Germany has added more regulations than it has eliminated since 2021.