Volkswirtschaftlichen

Volkswirtschaftlich is an adjective in the German language that denotes relation to the Volkswirtschaft, the national economy, or macroeconomics. It is derived from Volkswirtschaft (national economy) and the suffix -lich, forming a term used to describe phenomena at the level of the whole economy rather than at the level of individual firms. The noun Volkswirtschaft refers to the economy of a country as a system, and the adjective is declined to agree with the noun it modifies; for example volkswirtschaftliche Kennzahlen, volkswirtschaftliche Analysen, or im volkswirtschaftlichen Bereich.

In usage, volkswirtschaftlich is common in economics, statistics, and policy discussions to label concepts, data, or phenomena that pertain to aggregate economic activity. Typical phrases include volkswirtschaftliche Gesamtrechnung (system of national accounts), volkswirtschaftliche Entwicklung (macroeconomic development), volkswirtschaftliche Rahmenbedingungen (macroeconomic framework), and volkswirtschaftliche Daten. The term contrasts with betriebswirtschaftlich, which relates to business administration or microeconomics at the level of a single enterprise.

In English, the closest equivalent is macroeconomic. The term appears frequently in academic literature, government reports, and media discussions about growth, inflation, unemployment, fiscal and monetary policy, and external balance.