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.

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.

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.

In September 2025, the German unemployment rate was 6.3 percent. The rate of unemployment was fairly stable throughout the timeframe under review.

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.

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.

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.

Actual value and historical data chart for Germany GDP Us Dollar

GDP from Services in Germany increased to 137.12 EUR Billion in the third quarter of 2025 from 136.22 EUR Billion in the second quarter of 2025. This dataset provides - Germany Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of January 2024, the ZEW index showed 15.2 points. This was an increase of 2.4 points compared to the previous month. The ZEW index is a leading indicator for the German economy.

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.

Germany: Economic freedom, overall index (0-100): The latest value from 2025 is 72 index points, unchanged from 72 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Germany from 1995 to 2025 is 71 index points. The minimum value, 64 index points, was reached in 1998 while the maximum of 76 index points was recorded in 2022.

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.

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.

Germany GDP: Seasonally Adjusted data was reported at 1,087,970.000 EUR mn in Dec 2024. This records an increase from the previous number of 1,078,030.000 EUR mn for Sep 2024. Germany GDP: Seasonally Adjusted data is updated quarterly, averaging 589,640.000 EUR mn from Mar 1987 (Median) to Dec 2024, with 152 observations. The data reached an all-time high of 1,087,970.000 EUR mn in Dec 2024 and a record low of 267,910.000 EUR mn in Mar 1987. Germany GDP: Seasonally Adjusted 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.GEM: Gross Domestic Products: Nominal: Quarterly.

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

GDP from Manufacturing in Germany decreased to 165.94 EUR Billion in the third quarter of 2025 from 167.46 EUR Billion in the second quarter of 2025. This dataset provides - Germany Gdp From Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Germany (DEUHOUREAAISMEI) from 1957 to 2024 about Germany, earnings, hours, and manufacturing.

With a Gross Domestic Product of over 4.3 trillion Euros, the German economy was by far the largest in Europe in 2024. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 7.4 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.95 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.

GDP: West Germany incl Berlin data was reported at 3,826.993 EUR bn in 2024. This records an increase from the previous number of 3,716.736 EUR bn for 2023. GDP: West Germany incl Berlin data is updated yearly, averaging 2,239.836 EUR bn from Dec 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 3,826.993 EUR bn in 2024 and a record low of 1,482.543 EUR bn in 1991. GDP: West Germany incl Berlin data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.A052: ESA 2010: GDP: by Region.