BERLIN: Germany’s economic engine is humming. The economy is expected to grow 1.9% in 2016 and 1.5% in 2015. Alongside the broader economy, translation and interpretation are also notching up solid growth.
Since 2010, revenues reported by Germany’s Federal Statistical Office (Destatis) for the category “translation and interpretation” are up more than 18%. The number of people employed in the industry increased by 32% over the same period.
According to latest available data by private sector statistics provider Statista, revenues for the German translation and interpretation industry are set to hit about EUR 1bn in 2016. Statista said that, in 2015, there were 8,116 translators or interpreters in Germany, who were employed under contracts that required social security contributions (a widely used category in Germany).
