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.

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 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.

The Weekly Activity Index (WAI) for the German economy demonstrated significant volatility between January 2021 and August 2025. The index hit its lowest point at ***** percent during the 10th week of 2021, then surged dramatically to peak at **** percent in the 24th week of that year. Following this peak, the WAI declined substantially throughout the second half of 2021, though it recovered modestly to close the year at **** percent. The index faced another sharp decline in early 2022 and remained below zero until mid-2023. During 2024, the WAI exhibited pronounced fluctuations, trending upward in the first half of the year before reversing course in the second half. The pattern continued into 2025, with a gradual decrease persisting until approximately the 30th week, after which the index began to recover, reaching a value of **** percent in the 45th week of 2025. What is the weekly activity index? The weekly activity index (WAI) is a weekly index designed to measure real economic activity in Germany. It is calculated as a common component from various indicators, such as industrial output, GDP, electricity consumption, credit card payments, and other high-frequency indicators. Positive values in the index indicate above average growth in real economic activity, while negative values signal a decline in economic output.

Graph and download economic data for Gross Domestic Product (Euro/ECU Series) for Germany (CPMEURNSAB1GQDE) from Q1 1991 to Q3 2025 about Germany and GDP.

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

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.

Key information about Germany Market Capitalization: % of GDP

• Germany Market Capitalization accounted for 46.8 % of its Nominal GDP in Dec 2023, compared with a percentage of 44.2 % in the previous year
• Germany Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1975 to Dec 2023
• The data reached an all-time high of 66.9 % in Dec 1999 and a record low of 7.5 % in Dec 1980

CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Deutsche Börse Group provides Market Capitalization in EUR. Statistisches Bundesamt provides Nominal GDP in EUR. Market Capitalization covers Domestically Incorporated Companies only. Market Capitalization as % of Nominal GDP prior to 1998 is sourced from the World Bank

In 2023, the GDP of the United States increased by about *** percent compared to the previous year. This comes amid high inflation rates globally, and countries such as Argentina and Germany even experiencing economic decline. 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 to measure the economic strength of a country.

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.

Keywords; Search terms: historical time series; historical statistics; histat / HISTAT .

Abstract:

Quantitative analysis of growth trends and economic cycles of the German economy in the phase of early and high industrialization based on indicators in the form of longer time series.

Topics:

a) Proof of relevant different growth patterns within the national economy, determination of number and average length of the cycles of individual indicators as well as dating of the prevailing economic movement, insight into the connections between individual economic sectors;

b) creation of indicator time series for population, bankruptcies, agriculture, grocery business, cotton industry, mining, iron and steel industry, monetary and credit business.

Time Series (1820-1913) in the downloadsystem HISTAT:

• Germanys mean population;

• Birthrate, Marriage Rate, Death Rate;

• Insolvencies in the German Empire;

• Annual Average Bank Rate, Hamburg / Berlin (in %);

• Note Balance Sheets of German Financial Institutions and Banks at the End of the Year (in Mio. Mark);

• Crop Net Production of german Agriculture in Constant Prices of 1913 (in Mio. Mark);

• Wholsale Prices of Vegetable Food in the German Empire, Index, 1913=100, Constant Currency (in %);

• Consumption of Shugar (in 1000t);

• Wholsale Prices of Industrial Basic Matirials in the German Empire, Index, 1913=100, Constant Currency (in %.);

• Output of Prussian Black Coal Mining Förderungsmenge des preußischen Steinkohlebergbaus (in Mio. t );

• Chief Board of Mines district (Oberbergamtsbezirk) Dortmunts Labour Productivity of Black Coal Mining (in t/Mann);

• Hot Metal Production (in 1000t);

• Import Prices of shottisch Pig-Iron, Hamburg (in Mark/t);

• Gross-Investment of Germanys Cotton-Mills (in 1000 Mark);

• Spinning Margin of German Cotton-Mills (in Pfennig/kg);

• Yarn Production of German Cotton-Mills (in 1000t );

Germany DE: GDP: Growth: Gross Value Added: Agriculture data was reported at -0.700 % in 2020. This records a decrease from the previous number of 3.666 % for 2019. Germany DE: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging -1.750 % from Dec 1992 (Median) to 2020, with 29 observations. The data reached an all-time high of 30.530 % in 2004 and a record low of -27.034 % in 2005. Germany DE: GDP: Growth: Gross Value Added: Agriculture 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 agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Germany (DEUGDPRQPSMEI) from Q1 1971 to Q2 2025 about Germany, real, GDP, and rate.

Overview with Chart & Report: Gross Domestic Product y/y reflects the monetary value of all goods and services produced in Germany during a given quarter compared to the same quarter of the previous year. The calculation takes

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

Germany GDP per Capita: Berlin data was reported at 54,607.000 EUR in 2024. This records an increase from the previous number of 52,518.000 EUR for 2023. Germany GDP per Capita: Berlin data is updated yearly, averaging 30,255.500 EUR from Dec 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 54,607.000 EUR in 2024 and a record low of 19,907.000 EUR in 1991. Germany GDP per Capita: Berlin data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.A054: ESA 2010: GDP per Capita: by Region.

Key information about Germany GDP Per Capita

• Germany Gross Domestic Product (GDP) per Capita reached 56,061.368 USD in Dec 2024, compared with 54,789.287 USD in Dec 2023.
• Germany GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2024, with an average number of 26,590.150 USD.
• The data reached an all-time high of 56,061.368 USD in Dec 2024 and a record low of 1,162.123 in Dec 1960.
• CEIC converts annual GDP per Capita into USD. Statistisches Bundesamt provides GDP per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. GDP per Capita prior to 1991 is sourced from the World Bank.

Related information about Germany GDP Per Capita data

• In the latest reports, Germany GDP expanded 0.278 % YoY in Sep 2025.
• Germany Nominal GDP reached 1,310.046 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 3.144 % in Sep 2025.
• Gross Savings Rate of Germany was measured at 24.490 % in Sep 2025.

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.

Germany DE: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 8.184 % in 2021. This records a decrease from the previous number of 8.739 % for 2020. Germany DE: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 7.562 % from Dec 2005 (Median) to 2021, with 17 observations. The data reached an all-time high of 8.913 % in 2009 and a record low of 0.378 % in 2005. Germany DE: GDP: % of Manufacturing: Food, Beverages and Tobacco 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: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.;United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.;;

In 2024, the share of the global gross domestic product (GDP) adjusted for purchasing power parity (PPP) in Germany stood at approximately 3.06 percent. Between 1980 and 2024, the figure dropped by around 3.93 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the share will steadily decline by about 0.37 percentage points from 2024 to 2030.This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.