The Gross Domestic Product (GDP) in Germany contracted 0.30 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Full Year GDP Growth in Germany decreased by 0.20 percent in 2024 from -0.30 percent in 2023. This dataset includes a chart with historical data for Germany Full Year GDP Growth.

In 2024, Germany's real gross domestic product fell by around 0.23 percent compared to the previous year. Keeping it real Real gross domestic product is, by definition, a measure of the value of economic output adjusted for inflation. While nominal gross domestic product (GDP), often only referred to as gross domestic product, reflects the state of a country’s economy including everything produced by the inhabitants within the country, real GDP is a more precise measurement of economic growth since it takes price change into account. Germany’s race to the topGermany’s social market economy is one of the largest worldwide and continues to thrive. One of the strongest industries in Germany is car manufacturing: Several German vehicle manufacturers, like Daimler, Volkswagen, or BMW, are among the major global market players and have brought in billions of euros in revenue in the past years, fueling the economy for years to come.

In 2024, the German economy shrunk by 0.2 percent. This was due to persistently high inflation that was triggered by the start of the Russia-Ukraine war in 2022. In 2025 and 2026, the economy is predicted to begin growing again.

The Gross Domestic Product (GDP) in Germany expanded 0.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Germany GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2018, Germany’s GDP peaked at around four billion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards 5.57 billion by 2030. Germany has the fourth-largest GDP in the world, after the United States, China, and Japan. The national debt of Germany has steadily been falling since 2012 and is now about a quarter of the size of Japan’s and half that of the United States. Development of GDP per capita Gross domestic product per capita in Germany has been increasing since 2015 and experienced its last period of decline between the mid-nineties and early noughties. In 2001, GDP per capita was the lowest it had been since the early nineties, but more than doubled by the time of the financial crisis in 2008. GDP per capita fluctuated throughout the subsequent decade, before reaching around 48,000 U.S. dollars in 2018. Largest economic sectors The service sector generates the highest share of GDP in Germany at nearly 70 percent. Finance and telecommunications are a large part of the service sector, as well as tourism – including hospitality and accommodation. Roughly a quarter of GDP currently comes from the production industry, not including construction. Agriculture, fishing, and forestry make up less than one percent.

View quarterly updates and historical trends for Germany Real GDP QoQ. Source: Federal Statistical Office of Germany. Track economic data with YCharts ana…

Key information about Germany Nominal GDP Growth

• Germany Nominal GDP Growth was reported at 2.271 % in Dec 2024.
• This records a decrease from the previous number of 2.436 % for Sep 2024.
• Germany Nominal GDP Growth data is updated quarterly, averaging 4.567 % from Mar 1961 to Dec 2024, with 256 observations.
• The data reached an all-time high of 24.978 % in Jun 1991 and a record low of -8.152 % in Jun 2020.
• Germany Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

Graph and download economic data for Real Gross Domestic Product for Germany (CLVMNACSCAB1GQDE) from Q1 1991 to Q2 2025 about Germany, real, and GDP.

Economic growth, quarterly in Germany, June, 2025 The most recent value is -0.3 percent as of Q2 2025, a decline compared to the previous value of 0.3 percent. Historically, the average for Germany from Q2 1991 to Q2 2025 is 0.29 percent. The minimum of -8.9 percent was recorded in Q2 2020, while the maximum of 8.7 percent was reached in Q3 2020. | TheGlobalEconomy.com

In the first quarter of 2025, Germany's gross domestic product (GDP) continued to increase compared to the previous quarter, with unadjusted figures showing around 1.1 trillion euros. Figures passed the one trillion mark at the end of 2022.

Germany DE: GDP: Growth data was reported at -0.305 % in 2023. This records a decrease from the previous number of 1.806 % for 2022. Germany DE: GDP: Growth data is updated yearly, averaging 2.230 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 7.418 % in 1969 and a record low of -5.694 % in 2009. Germany DE: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Key information about Germany Real GDP Growth

• The Gross Domestic Product (GDP) in Germany contracted 0.5 % YoY in Mar 2023, following a growth of 0.8 % in the previous quarter.
• Real GDP Growth YoY data in Germany is updated quarterly, available from Mar 1992 to Mar 2023, with an average rate of 1.6 %.
• The data reached an all-time high of 10.2 % in Jun 2021 and a record low of -10.4 % in Jun 2020.

• In the latest reports, Nominal GDP of Germany reached 1,072.8 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 6.2 % in Mar 2023.
• GDP Per Capita in Germany reached 48,562.1 USD in Dec 2022.
• Its Gross Savings Rate was measured at 29.6 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 24.9 % in Mar 2023.
• Public Consumption accounted for 20.5 % in Mar 2023.
• Private Consumption accounted for 49.9 % in Mar 2023.

For 2024, the Association of German Chambers of Commerce and Industry forecasts a GDP decrease of 0.5 percent compared to 2023. Due to rising commodity and energy prices triggered by the Russia-Ukraine war, business expectations for 2024 are subdued. High inflation rates negatively affected consumer sentiment and influence the business situation of German companies.

Germany - Real GDP growth rate was -0.50% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Real GDP growth rate - last updated from the EUROSTAT on September of 2025. Historically, Germany - Real GDP growth rate reached a record high of 4.20% in December of 2010 and a record low of -4.10% in December of 2020.

Germany DE: GDP: Growth: Gross Value Added: Industry data was reported at -7.785 % in 2020. This records a decrease from the previous number of -2.553 % for 2019. Germany DE: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 0.367 % from Dec 1992 (Median) to 2020, with 29 observations. The data reached an all-time high of 14.700 % in 2010 and a record low of -13.464 % in 2009. Germany DE: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Historical dataset showing Germany economic growth by year from 1960 to 2018.

Across the United States, the United Kingdom, Germany, and the European Union, gross domestic products (GDP) decreased in 2020 as a result of the COVID-19 pandemic. However, by 2021, growth rates were positive in all four areas again. The United Kingdom, Germany, and the European Union all experiencing slow economic growth in 2023 amid high inflation, with Germany even seeing an economic recession. GDP and its components GDP refers to the total market value of all goods and services that are produced within a country per year. It is composed of government spending, consumption, business investments and net exports. It is an important indicator to measure the economic strength of a country. Economists rely on a variety of factors when predicting the future performance of the GDP. Inflation rate is one of the economic indicators providing insight into the future behavior of households, which make up a significant proportion of GDP. Projections are based on the past performance of such information. Future considerations Some factors can be more easily predicted than others. For example, projections of the annual inflation rate of the United States are easy to come by. However, the intensity and impact of something like Brexit is difficult to predict. Moreover, the occurrence and impact of events such as the COVID-19 pandemic and Russia's war in Ukraine is difficult to foresee. Hence, actual GDP growth may be higher or lower than the original estimates.

The Gross Domestic Product (GDP) in Germany was worth 4659.93 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Germany represents 4.39 percent of the world economy. This dataset provides the latest reported value for - Germany GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Germany DE: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 0.905 % in 2023. This records an increase from the previous number of 0.616 % for 2022. Germany DE: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 1.127 % from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 19.512 % in 2010 and a record low of -19.810 % in 2009. Germany DE: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.