Ökonomen, internationale Organisationen wie die OECD und ausländische Politiker kritisieren die weiterhin sehr großen Überschüsse in der deutschen Leistungsbilanz. Die Arbeits- und Lohnstückkosten sind wichtige, wenn auch längst nicht die wichtigsten Faktoren, die das Verhältnis von Aus- und Einfuhren und das Wachstum von Exporten und Binnennachfrage beeinflussen. Durch eine stärkere Lohnentwicklung hat die Entwicklung der Arbeitskosten in Deutschland in den letzten Jahren angezogen. Allerdings sind damit die Effekte einer langen Schwächephase in den 2000er Jahren längst noch nicht ausgeglichen: Im gesamten Zeitraum von 2001 bis Ende 2017 verzeichnete die Bundesrepublik den drittgeringsten Anstieg bei den Arbeitskosten in der EU. Zu
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