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.

In 2024, Germany's gross domestic product (GDP) amounted to 4,305.3 billion euros. Germany is thus among the leading five countries in the world GDP ranking. International standing Germany’s economy is not only one of the largest worldwide, it is also the largest in Europe and predicted to be among the countries with the largest GDP by the year 2030. Additionally, Germany is among the 20 countries with the largest gross domestic product per capita, and it is one of the leading exporters and importers, only surpassed by China and the United States in both cases. Subsequently, it also reports one of the highest trade surpluses worldwide. Employment Germany’s national debt amounts to about 60 percent of GDP and is steadily decreasing. It also reports one of the lowest unemployment rates in the European Union. All signs seem to point to a very bright future for Germany’s economy. However, the country has been struggling with skilled labor shortages for a while and many companies are desperately looking for apprentices. This is partly due to very low population growth but also the rising unpopularity of apprenticeships.

The Gross Domestic Product (GDP) in Germany stagnated 0 percent in the third 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.

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.

Full Year GDP Growth in Germany decreased by 0.50 percent in 2024 from -0.90 percent in 2023. This dataset includes a chart with historical data for Germany Full Year GDP Growth.

In 2024, Germany’s GDP ranged at around 4.68 trillion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards six trillion U.S. dollars by 2030. Germany has the third-largest GDP in the world, after the United States and China. 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.

In 2024, Germany's real gross domestic product fell by around 0.5 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.

Key information about Germany Real GDP Growth

• The Gross Domestic Product (GDP) in Germany expanded 0.3 % YoY in Sep 2025, following a growth of 0.3 % in the previous quarter.
• Real GDP Growth YoY data in Germany is updated quarterly, available from Mar 1992 to Sep 2025, with an average rate of -1.9 %.
• The data reached an all-time high of 11.6 % in Jun 2021 and a record low of -10.7 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP Index. Statistisches Bundesamt provides Real GDP Index at chain linked 2020 prices.


Related information about Germany Real GDP Growth

• In the latest reports, Nominal GDP of Germany reached 1,310.0 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 3.1 % in Sep 2025.
• GDP Per Capita in Germany reached 56,061.4 USD in Dec 2024.
• Its Gross Savings Rate was measured at 24.5 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 22.8 % in Sep 2025.
• Public Consumption accounted for 22.1 % in Sep 2025.
• Private Consumption accounted for 53.4 % in Sep 2025.

Graph and download economic data for Nominal Gross Domestic Product for Germany (NGDPSAXDCDEQ) from Q1 1991 to Q2 2025 about Germany and GDP.

Graph and download economic data for Real Gross Domestic Product for Germany (CLVMNACSCAB1GQDE) from Q1 1991 to Q3 2025 about Germany, real, and GDP.

The Gross Domestic Product (GDP) in Germany expanded 0.30 percent in the third 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.

Key information about Germany Public Consumption: % of GDP

• Germany Public Consumption accounted for 22.1 % of its Nominal GDP in Sep 2025, compared with a share of 22.4 % in the previous quarter.
• Germany Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1991 to Sep 2025, with an average number of 17.9 %.
• The data reached an all-time high of 23.5 % in Jun 2020 and a record low of 17.4 % in Sep 2007.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Statistisches Bundesamt provides Government Consumption Expenditure in EUR and Nominal GDP in EUR.


Related information about Germany Public Consumption: % of GDP

• In the latest reports, Germany GDP expanded 0.3 % YoY in Sep 2025.
• Germany Nominal GDP reached 1,310.0 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 3.1 % in Sep 2025.
• Germany GDP Per Capita reached 56,061.4 USD in Dec 2024.
• Its Gross Savings Rate was measured at 24.5 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 22.8 % in Sep 2025.
• Private Consumption accounted for 53.4 % in Sep 2025.

Germany recorded a Current Account surplus of 5.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Germany Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 per capita in Germany was last recorded at 44108.70 US dollars in 2024. The GDP per Capita in Germany is equivalent to 349 percent of the world's average. This dataset provides the latest reported value for - Germany GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the services sector's share in Germany's gross domestic product amounted edged over 70 percent, while the secondary and primary sectors generated less than a third of GDP together. At your service The tertiary, or services, sector encompasses all kinds of intangible goods, like consulting and advice, transport, or attention. If a country generates its GDP mostly via services, this is often through industries like housing, tourism (including accommodation and hospitality), financial services, or telecommunications. Germany is a popular tourist destination and an important financial hub. Germany is not a “service desert” The services sector in Germany not only generates most of the country’s GDP, it also employs the vast majority of the workforce with over 70 percent. Lately, business confidence in the German services sector has increased significantly, which suggests a stable economy and ideally an increase in production and output in the future. This projection is supported by rising GDP and a stable inflation rate at around two percent.

Key information about Germany Investment: % of GDP

• Germany Investment accounted for 21.2 % of its Nominal GDP in Dec 2024, compared with a ratio of 21.7 % in the previous quarter.
• Germany investment share of Nominal GDP data is updated quarterly, available from Mar 1991 to Dec 2024, with an average ratio of 21.4 %.
• The data reached an all-time high of 27.7 % in Jun 1991 and a record low of 15.8 % in Dec 2009.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Statistisches Bundesamt provides Nominal Gross Capital Formation in EUR and Nominal GDP in EUR.


Related information about Germany Investment: % of GDP

• In the latest reports, Germany GDP contracted 0.5 % YoY in Mar 2023.
• Germany Nominal GDP reached 1,072.8 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 6.2 % in Mar 2023.
• Germany GDP Per Capita reached 48,562.1 USD in Dec 2022.
• Its Gross Savings Rate was measured at 29.6 % in Mar 2023.

Forecast: Total Tourism GDP in Germany 2024 - 2028 Discover more data with ReportLinker!

Key information about Germany Private Consumption: % of GDP

• Germany Private Consumption accounted for 53.4 % of its Nominal GDP in Sep 2025, compared with a ratio of 53.5 % in the previous quarter.
• Germany Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1991 to Sep 2025, with an average share of 54.8 %.
• The data reached an all-time high of 58.2 % in Jun 2009 and a record low of 47.5 % in Mar 2021.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Statistisches Bundesamt provides Private Consumption Expenditure in EUR and Nominal GDP in EUR.


Related information about Germany Private Consumption: % of GDP

• In the latest reports, Germany GDP expanded 0.3 % YoY in Sep 2025.
• Its Nominal GDP reached 1,310.0 USD bn in Sep 2025.
• Germany GDP Per Capita reached 56,061.4 USD in Dec 2024.
• Its Gross Savings Rate was measured at 24.5 % in Sep 2025.

Forecast: ICT Industry Share in GDP in Germany 2024 - 2028 Discover more data with ReportLinker!