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.

GDP per capita growth (annual %) in Germany was reported at 0.22853 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Germany’s GDP per capita stood at almost 54,989.76 U.S. dollars in 2024. Germany ranked among the top 20 countries worldwide with the highest GDP per capita in 2021 – Luxembourg, Ireland and Switzerland were ranked the top three nations. Rising annual income in Germany The average annual wage in Germany has increased by around 5,000 euros since 2000, reaching in excess of 39,000 euros in 2016. Germany had the tenth-highest average annual wage among selected European Union countries in 2017, ranking between France and the United Kingdom. Growing employment More than two thirds of the working population in Germany are employed in the service sector, which generated the greatest share of the country’s GDP in 2018. Unemployment in Germany soared to its highest level in decades in 2005, but the rate has since dropped to below 3.5 percent. The youth unemployment rate in Germany has more than halved since 2005 and currently stands around 6.5 percent.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

The Gross Domestic Product per capita in Germany was last recorded at 62829.80 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Germany, when adjusted by Purchasing Power Parity is equivalent to 354 percent of the world's average. This dataset provides the latest reported value for - Germany GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Germany - Real GDP per capita was EUR36130.00 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 per capita - last updated from the EUROSTAT on July of 2025. Historically, Germany - Real GDP per capita reached a record high of EUR36720.00 in December of 2019 and a record low of EUR29410.00 in December of 2000.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

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.

The statistic shows the GDP per capita in France from 1987 to 2024, with projections up until 2030. In 2024, GDP per capita in France was at around 46,203.68 US dollars.Suffering competitivenessGDP is one of the primary indicators that is used to gauge the state of health of a country’s economy. It is the total market value of all completed goods and services that have been produced within a country in a given period of time, usually a year. GDP figures allow us to understand a country’s economy in a clear way. Real GDP, in a similar way, is also a very useful indicator; this is a measurement that takes prices changes (inflation and deflation) into account, therefore acting as a key indicator for economic growth.Gross domestic product per capita in France is predicted to continue falling in 2013 after a short period of growth in 2011 indicated that it may not, in fact, be on the mend. The country has been suffering significant economic hardship since the economic crisis of 2008 swept across the world. The European Union’s second largest economy is experiencing a shocking deterioration in its level of competitiveness. The items – cars, clothing, steel, electrical goods – that France is producing are simply failing to compete with the goods produced by Asian countries and its European neighbours, which, in turn, is leading to an accelerating fall in exports and a notable decline in the service and manufacturing sectors that support them. It could be argued that up until now France has managed to maintain its status as a reliable northern eurozone country, propped up by the uncontested reliability and strength of its principal partner, Germany.

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

This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.

GDP per person employed (constant 2017 PPP $) in Germany was reported at 124097 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP per person employed (constant 1990 PPP $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Germany (NAEXKP04DEQ659S) from Q1 1971 to Q1 2025 about fixed capital formation, fixed, Germany, capital, gross, real, and GDP.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

Germany Ref. Year = 2020: GDP: Volume: Gross Capital Formation: GFCF: Government data was reported at 109.130 EUR bn in 2026. This records an increase from the previous number of 104.680 EUR bn for 2025. Germany Ref. Year = 2020: GDP: Volume: Gross Capital Formation: GFCF: Government data is updated yearly, averaging 76.874 EUR bn from Dec 1991 (Median) to 2026, with 36 observations. The data reached an all-time high of 109.130 EUR bn in 2026 and a record low of 60.720 EUR bn in 1997. Germany Ref. Year = 2020: GDP: Volume: Gross Capital Formation: GFCF: Government data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual.

The gross domestic product (GDP) of all G7 countries decreased sharply in 2009 and 2020 due to the financial crisis and COVID-19 pandemic, respectively. The growth decline was heavier after the COVID-19 pandemic than the financial crisis. Moreover, Italy had a negative GDP growth rate in 2012 and 2013 following the euro crisis. In 2023, Germany experienced an economic recession.

Material recovery service providers have contended with numerous economic headwinds in recent years, ranging from subdued economic growth during the cost-of-living crisis and the high base rate environment as central banks aimed to curb spiralling inflation. Revenue is expected to grow at a compound annual rate of 4.1% over the five years through 2025 to €120.7 billion, including an estimated dip of 0.7% in 2025. Demand for material recovery services is highly contingent on downstream construction, mining and manufacturing sectors producing hefty waste. Since the end of the pandemic, high interest rates have ramped up the cost of borrowing while building material costs skyrocketed, putting off many developers from beginning projects and weighing on construction activity. Subdued economic growth has also hit the manufacturing sector, eroding demand for material recovery services. According to the European Commission, 527 kilograms (kg) of municipal waste per capita was generated in the EU in 2021, while 49% of municipal waste in the EU was recycled. This figure declined to 511kg of municipal waste per capita generated in 2023, with 48% of waste being recycled. The decrease in municipal waste per capita suggests a potential shift towards more sustainable consumption and production patterns. This can positively influence the quality of materials recovered, as higher-quality waste streams may become available for recycling. Decreased waste generation and stagnating recycling rates also signify reduced available materials for recovery, which has impacted revenue streams for companies reliant on high volumes. This stagnation might indicate challenges in public engagement and infrastructure that need addressing to prevent further declines. However, growing recycling rates in the coming years are set to maintain demand, supported by government initiatives like the European Green Deal, which includes the Circular Economy Action Plan. Revenue is expected to climb at a compound annual rate of 3.1% over the five years through 2030 to €140.9 billion. Economic conditions are set to improve in the short term as inflationary pressures subside, allowing central banks to adopt looser monetary policy and support GDP growth. This will drive downstream construction and manufacturing sector activity in the short term, lifting demand for material recovery services. The growing emphasis on sustainability will also persist in the coming years as countries across Europe strive for a circular economy, driving demand and supporting revenue growth.

Snapshot img

Europe Online On-Demand Services Market Size 2025-2029

The Europe online on-demand services market size is forecast to increase by USD 4,181.9 billion at a CAGR of 51.1% between 2024 and 2029.

The Online On-Demand Services Market is experiencing significant growth, driven by the increasing number of advertising and marketing campaigns leveraging these platforms to reach consumers more effectively. The flexibility and convenience offered by on-demand services have made them an indispensable part of modern consumer behavior. However, the market is not without challenges. Regulatory hurdles impact adoption in certain industries, particularly those with stringent data protection regulations. Additionally, supply chain inconsistencies can temper growth potential, as providers must ensure seamless delivery of services to maintain customer satisfaction.
Moreover, the Internet of Things (IoT) and mobile payments streamline service delivery and user experience. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on addressing these issues through robust regulatory compliance and supply chain optimization strategies. By staying agile and responsive to evolving consumer demands and market trends, players in the Online On-Demand Services Market can seize opportunities for innovation and growth.

What will be the size of the Europe Online On-Demand Services Market during the forecast period?

Request Free Sample

In the dynamic US business landscape, the on-demand services market continues to evolve, driven by community building and innovation in various sectors. Home services and professional services are revolutionized through peer-to-peer platforms, fostering operational excellence. Shared economy models, such as ride-hailing and food delivery, disrupt traditional industries. Subscription services, including loyalty programs, cater to customer segmentation and pricing models. Emerging technologies like remote work and the gig economy expand the mobile workforce.
User acquisition relies on growth hacking and social proof, while user-generated content fuels engagement. Future trends include education services, handyman services, healthcare services, and financial services adopting on-demand models. Service level agreements and customer support ensure quality and satisfaction. Company partnerships and innovation pipelines are essential for revenue generation. Task management and flexibility are key to navigating this evolving market.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Service

  Home services
  Food and grocery delivery services
  Transportation
  Others


Platform

  Mobile
  Web


Service Type

  Recurring subscriptions
  One-time purchase
  Freemium models


Geography

  Europe

    Germany
    Sweden
    The Netherlands
    UK

By Service Insights

The home services segment is estimated to witness significant growth during the forecast period.

The on-demand services market encompasses a range of sectors, with home services being a significant contributor. This segment includes offerings such as cleaning, laundry, gardening, repair and maintenance, and home security services. Revenues are derived from various home care and design services like interior designing, pest control, deep cleaning, sofa cleaning, glasswork, woodwork, and waterproofing. The market is characterized by a multitude of small and large players, offering diverse home services. Consumer lifestyle shifts and increasing disposable income, particularly in Europe, where the European Union's GDP per capita stands at USD41,422, are driving demand for on-demand home services.

Process optimization and location-based services are crucial elements in the on-demand services industry. Machine learning algorithms and artificial intelligence enable efficient task management, while subscription services cater to customer preferences. Pricing models vary, with freemium and premium options available. The Internet of Things (IoT) and digital transformation are integral to on-demand services, allowing for real-time availability and logistics optimization. Business automation and service booking systems streamline operations, ensuring cost reduction and efficiency gains. Service delivery, customer support, and payment processing are essential components, with service level agreements and privacy compliance ensuring quality and trust. Mobile apps and user interfaces prioritize user experience, while mobile payments facilitate seamless transactions.

Rating systems and big data analysis enable continuous service improvement, with data security and geolocation tracking ensuring customer privacy and satisfact

Gross capital formation (% of GDP) in Germany was reported at 21.05 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - Gross capital formation (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.