March 19, 2024

Leasing Industry in Germany Finances €85.6 Billion in 2023: A 22.4% Growth

The Bundesverband Deutscher Leasing-Unternehmen (BDL) reports a remarkable growth in the leasing industry, financing €85.6 billion in investments for 2023. This represents a 22.4% increase compared to the previous year, underscoring the sector's critical role in Germany’s economic landscape.

Key Highlights

  • Investment Growth: The leasing sector saw a significant rise, financing investments in machinery, vehicles, IT equipment, real estate, and other assets. The total financing volume reached €85.6 billion.
  • Sector Breakdown: Vehicles dominated the leasing market, followed by production machinery and IT equipment. The sector successfully cleared the backlog of orders from 2022, which were delayed due to supply chain issues.
  • Economic Contribution: Leasing now accounts for 26.7% of Germany's total equipment investments. This figure highlights the growing reliance on leasing as a vital financing method for businesses.
  • Focus on SMEs: About 90% of leasing contracts were signed with small and medium-sized enterprises (SMEs), indicating the sector's pivotal role in supporting Germany's Mittelstand.
  • Sustainability and Services: Beyond financing, leasing companies offer a wide range of services, including sustainability consulting and assistance with integrating government subsidy programs.

Conclusion

The 2023 data demonstrates the leasing industry’s robust growth and its indispensable role in supporting economic investments, particularly for SMEs. The sector's contributions to sustainability and digital transformation further underline its importance in the modern economy.

No items found.
Petr Thiel
Petr Thiel

CEO, STH Consulting

Share this article

All posts