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.

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.

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, 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.

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;

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

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

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.

CEIC calculates Real GDP Growth from quarterly Real GDP Index. Statistisches Bundesamt provides Real GDP Index at chain linked 2015 prices.


Related information about Germany Real GDP Growth

• 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.

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.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Statistisches Bundesamt provides Nominal GDP in EUR. Nominal GDP Growth prior to Q1 1992 is sourced from the International Monetary Fund.

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 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 - 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 October 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.

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.

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

Growth fluctuations, like short-term cyclical fluctuations, can be measured by various indicators. In the 19th century, the economic situation was evaluated mainly on the grounds of easily observable data on prices. Current research, in contrast to this, measures the economic cycle principally by the national product, apart from other multivarious indicators. In modern business cycle research, this method is preferred because it comprises the overall economic activity of a country, whereas diffusion-related indices only regard parts of a national economy. This study by Carl-Ludwig Holtfrerich completes Walter G. Hoffmanns calculations on the origin of gross value added (cf. Hoffmann W. G., 1965: The Growth of the German Economy Since the Middle of the 19th Century. Berlin: Springer). The principal item of Hoffmanns study is the estimation by origin on the basis of sub-sectoral physical quantities of production and sub-sectoral employment figures. This estimation by origin results in the best data quality because the economic output of numerous sectors was recorded already from the middle of the 19th century on. Nevertheless, figures on the production of the tertiary sector are almost completely missing. In this respect, the calculation of the index of industrial production constitutes the main problem, and Hoffmann, among others, assumes that the relative sub-sectoral labour productivities had remained constant during the years 1850 and 1959. Moreover, Hoffmann utilises the added value structure of nine economical sectors in 1913 as a constant factor for the aggregation of sector indices for the production in the German economy. In contrast to that, Holtfrerich relies on a calculation method using a streamlined added value structure for each year in the entire period between 1850-1913 to determine the growth rates in the different sectors. Thereby, the author aims at aggregating information on the annual growth rate for the German national economy. It is remarkable that the growth rates of the German net domestic product thus calculated are higher than the rates found by Hoffmann. However, such differences have generally decreased in the years before 1913 because the weighting structures of both methods approached each other in the course of time. The named differences reached their maximum in the period of the so-called “take off” phase of the German industrialisation up to 1874; during this period, they accounted for up to 0.4 percentage points on an perennial average. Thereby the annual growth rates determined by Hoffmann have been corrected by up to 13% upwards. Topics: Tables in the ZA-Onlinedatabase HISTAT: A. Selected tables by W.G. Hoffmann: The Growth of the German Economy Since the Middle of the 19th Century. Berlin (loc. cit.): Springer. - Hoffmann: Earned income per economic sector in Germany in relation to the price current (1850-1930) - Hoffmann: Distribution of the net national product, measured by factor costs and price current (1850-1913) - Hoffmann: Added value per economic sector in the prices of 1913 (1850-1913) - Hoffmann: Production per economic sector, index 1913=100 (1850-1913) B. Tables from: Carl-Ludwig Holtfrerich, The German Net Domestic Product Compared to Factor Costs, index 1913=100, and annual growth factors (1850-1913) - Added value in Germany per economic sector in relation to the price current (1850-1913) - Net domestic product in relation to factor costs, index 1913=100, and annual growth factors of the net domestic product in relation to factor costs (1850-1913) - Comparison of the average growth rate (per year) for different periods (1850-1913) Wachstumsschwankungen können, ebenso wie kurzfristige Konjunkturschwankungen, mit verschiedenen Indikatoren gemessen werden. Die Untersuchung von Carl-Ludwig Holtfrerich knüpft an die Entstehungsrechnung von Walter G. Hoffmann an (vgl. Hoffmann, W. G., 1965: Das Wachstum der deutschen Wirtschaft seit der Mitte des 19. Jahrhunderts. Berlin: Springer). Das Kernstück von Hoffmanns Arbeit ist die Schätzung der Entstehungsrechnung, basierend auf sub-sektoralen physischen Produktionsmengen und sub-sektoralen Beschäftigungsziffern. Die Entstehungsrechnung weist insofern die beste Datenqualität auf, da bereits seit Mitte des 19. Jahrhunderts physische Produktionsmengen zahlreicher Sektoren erfasst worden sind. Nahezu vollständig fehlen allerdings Produktionsziffern des tertiären Sektors. Das Hauptproblem dabei ist die Berechnung des Industrieproduktionsindexes, da Hoffmann u.a. annimmt, dass die relativen sub-sektoralen Arbeitsproduktivitäten während der Jahre 1850 und 1959 konstant geblieben seien. Während Hoffmann die Struktur der Wertschöpfung seiner neun Wirtschaftssektoren aus dem Jahr 1913 als konstante Gewichtung für die Aggregation der Sektorindizes zum Index für die Produktion der Gesamtwirtschaft in Deutschland benutzt, verwendet der Autor in seinem Berechnungsverfahren eine jährlich über die Gesamtperiode 1850-1913 angepasste Wertschöpfungsstruktur für die Gewichtung der Wachstumsraten in den einzelnen Sektoren zwecks Aggregation zur jährlichen Wachstumsrate der Gesamtwirtschaft. Die vom Autor berechneten Wachstumsraten des deutschen Nettoinlandsprodukts liegen höher als die von Hoffmann ermittelten. Die Unterschiede nehmen bis 1913 jedoch tendenziell ab, da sich die Gewichtungsstrukturen beider Verfahren im Zeitablauf einander annähern. Die Unterschiede sind für die Periode des sog. take-off der deutschen Industrialisierung bis 1874 am größten und machen in dieser Periode im mehrjährigen Durchschnitt bis zu 0,4 Prozentpunkte aus. Dadurch werden die Hoffmannschen jährlichen Wachstumsraten um bis zu 13% nach oben korrigiert Themen: Tabellen in der ZA-Onlinedatenbank HISTAT (Historische Statistik): A. Ausgewählte Tabellen aus W.G. Hoffmann: Das Wachstum der deutschen Wirtschaft seit der Mitte des 19. Jahrhunderts. - Hoffmann: Das Arbeitseinkommen nach Wirtschaftsbereichen in Deutschland in laufenden Preisen (1850-1913) - Hoffmann: Verteilung des Nettosozialprodukts zu Faktorkosten in laufenden Preisen (1850-1913) - Hoffmann: Die Wertschöpfung nach Wirtschaftsbereichen in Preisen von 1913 (1850-1913) - Hoffmann: Die Produktion nach Wirtschaftsbereichen, Index 1913=100 (1850-1913) B. Tabellen aus Carl-Ludwig Holtfrerich: Das deutsche Nettoinlandsprodukt zu Faktorkosten, Index 1913=100 und jährliche Wachstumsfaktoren (1850-1913) - Die Wertschöpfung in Deutschland nach Wirtschaftsbereiche in laufenden Preisen (1850-1913) - Nettoinlandsprodukt zu Faktorkosten, Index 1913=100 und jährliche Wachstumsfaktoren des Nettoinlandsprodukts zu Faktorkosten (1850-1913) - Vergleich der durchschnittlichen jährlichen Wachstumsraten für unterschiedliche Perioden (1850-1913)

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.