Reintroducing military conscription in Germany could have severe economic repercussions, with potential costs reaching up to EUR 70 billion, according to a study by the ifo Institute commissioned by the German Federal Ministry of Finance. The research explored three scenarios to assess the macroeconomic impact of military conscription.
In the most comprehensive scenario, where conscription affects the entire age cohort (100%), Germany’s gross national income could decrease by 1.6%, equating to nearly EUR 70 billion.
