Geopolitical Risk — Germany

## What this measures

This measures the share of articles in ten major newspapers that mention both geopolitical risk and Germany. It reflects media attention to adverse geopolitical events, war, terrorism, military buildups, nuclear threats, specifically involving Germany.

## Background

Country GPR: share of articles mentioning geopolitical risk and Germany.

The Geopolitical Risk index counts articles about adverse geopolitical events and threats (war, military buildups, nuclear threats, terrorism) as a share of all articles in ten major newspapers, via automated text search. 100 is the 1985–2019 average. Threats and acts are separate sub-indexes; the eight categories are each category's share of all articles, in percent; the country indexes count articles that mention both geopolitical risk and that country.

Source: Caldara, Dario and Matteo Iacoviello (2022), "Measuring Geopolitical Risk," American Economic Review 112(4), 1194–1225. Data: matteoiacoviello.com/gpr.htm, CC BY 4.0. Synced daily by /api/cron/gpr-sync.

## Why it matters

Germany sits at the center of European security and trade, so elevated risk coverage signals potential disruption to supply chains, energy markets, and the stability of the eurozone. Organizations with operations, customers, or suppliers in or near Germany can use this to gauge when geopolitical threats may strain logistics, compliance, or market access.

## How to read it

A rising share means a larger proportion of coverage connects Germany to geopolitical threats; a falling share indicates receding media attention. Compare the level to the series' own history to assess whether current attention is elevated or subdued.

## What it does not say

This does not measure the severity of events, actual policy changes, or economic impact. It reflects only how often newspapers mention Germany alongside geopolitical risk, not whether those risks materialize or how markets will respond.

## Source

Caldara and Iacoviello (Federal Reserve Board staff) publish the Geopolitical Risk index under CC BY 4.0. Palanor downloads the data files daily.