In 2022, the company training participation rate in Baden-Württemberg developed positively compared to the previous year: both the net and gross training company rate increased again from 52% to 55% and from 29% to 30% respectively. In Germany and western Germany, however, the net training company rates were 3 and 4 percentage points higher respectively. In the 2021/2022 training year, only around 67% of the company-based training places offered in Baden-Württemberg were filled; in the previous training year, the figure was around 72%.
After the years of the Corona pandemic, with declines in economic performance in many sectors, the Stuttgart Region is currently showing signs of a clear recovery. However, new crises have emerged, such as the war in Ukraine with its (not only) global economic consequences or the increasingly clear climate changes, which also require action in the region. At the same time, digitization is advancing and the transformation of the powertrain and mobility is leaving its mark far beyond the automotive industry.
In addition to analyses of the structure and dynamics of the regional economy, the structural report also takes an in-depth look at various "resilience factors" (e.g., labor and training market, innovation, commercial space). These factors can present themselves as opportunities or risks for the regional economy.
Based on the presentation of five focus areas of the regional economy - the automotive and production technology clusters, the IT economy, the healthcare industry and the skilled trades industry - further strengths, weaknesses and challenges for the regional economy are identified and analyzed.
In the third quarter of 2023, the growth of Baden-Württemberg's gross domestic product (GDP) will slip slightly into negative territory (see figure on the left: rates of change in GDP from the previous quarter, 2021-2024). In the two following quarters, there could be weakly positive economic growth again. As far as can be foreseen at present, 2023 will nevertheless be recorded in the statistics as a year with very weak growth.
In the third quarter of 2023, the growth of Baden-Württemberg's gross domestic product (GDP) will slip slightly into negative territory. In the two following quarters, there could be weakly positive economic growth again. As far as can be foreseen at present, 2023 will nevertheless be recorded in the statistics as a year with very weak growth. These are the results of current calculations by the Institute for Applied Economic Research (IAW) and the University of Hohenheim.