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.

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.

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.

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.

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.

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.

Germany GOI: Weighted Rank data was reported at 12.000 NA in 2019. This records a decrease from the previous number of 25.000 NA for 2018. Germany GOI: Weighted Rank data is updated yearly, averaging 21.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 25.000 NA in 2018 and a record low of 12.000 NA in 2019. Germany GOI: Weighted Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Germany – Table DE.Milken: Global Oportunity Index.

Germany GOI: Total Rank data was reported at 10.000 NA in 2019. This records a decrease from the previous number of 15.000 NA for 2018. Germany GOI: Total Rank data is updated yearly, averaging 15.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 16.000 NA in 2017 and a record low of 10.000 NA in 2019. Germany GOI: Total Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Germany – Table DE.Milken: Global Oportunity Index.

Explore the surprising 1% decline in German industrial production in October, signaling ongoing struggles and potential recession in Europe's largest economy.

Germany is ranked 22 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Germany improved to 22 in 2019 from 24 in 2018. This dataset provides the latest reported value for - Ease of Doing Business in Germany - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The DACH region in Europe comprises the countries of Germany (D), Austria (A), and Switzerland (CH). In 2024, the gross domestic product (GDP) of all DACH countries amounted to approximately **** trillion U.S. dollars. Just under ** percent of this was from Germany, while ** percent came from Switzerland, and * percent from Austria. In comparison to population distribution across the region, Switzerland's GDP per capita was much higher than the other two countries. Germany’s economy Germany’s economy is the largest in Europe, with the majority of the country’s GDP coming from its service sector. The country’s service sector encompasses tourism, financial services, real estate, and other industries. This reflects Germany’s standing as a central financial and political pillar of the European Union, and its position as a popular tourist destination. Grouping the DACH countries The DACH countries are closely associated both geographically and culturally, primarily through shared use of the German language. The region hosts over 100 million inhabitants, with a life expectancy at birth of around 82 years, ten years more than global life expectancy. The DACH countries enjoy a high standard of living, which is reflected in a large GDP per capita in each country.

Entries and exits of industries in Top 3 and bottom 3 regions in terms of RV.

Germany DE: Population in Largest City: as % of Urban Population data was reported at 5.535 % in 2024. This records an increase from the previous number of 5.519 % for 2023. Germany DE: Population in Largest City: as % of Urban Population data is updated yearly, averaging 5.542 % from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 6.272 % in 1960 and a record low of 5.323 % in 1982. Germany DE: Population in Largest City: as % of Urban Population 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: Population and Urbanization Statistics. Population in largest city is the percentage of a country's urban population living in that country's largest metropolitan area.;United Nations, World Urbanization Prospects.;Weighted average;

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

Types of externalities associated with economics structures.

This ranking displays the results of the worldwide Made-In-Country Index 2017, a survey conducted to show how positively products "made in..." are perceived in various countries all over the world. During this survey, 77 percent of respondents from Germany perceived products made in Switzerland as "slightly positive" or "very positive". The survey indicates that Swiss products have the strongest reputation in Germany, followed by EU products.

Germany DE: Population in Largest City data was reported at 3,576,873.000 Person in 2024. This records an increase from the previous number of 3,573,938.000 Person for 2023. Germany DE: Population in Largest City data is updated yearly, averaging 3,388,441.000 Person from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 3,576,873.000 Person in 2024 and a record low of 3,041,327.000 Person in 1983. Germany DE: Population in Largest City 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: Population and Urbanization Statistics. Population in largest city is the urban population living in the country's largest metropolitan area.;United Nations, World Urbanization Prospects.;;

Relation of stage of development and distance to frontier with UV and RV.

Exports in Germany decreased to 129.67 EUR Billion in August from 130.28 EUR Billion in July of 2025. This dataset provides - Germany Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Effectiveness: Percentile Rank in Germany was reported at 85.38 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - Government Effectiveness: Percentile Rank - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.