The Gross Domestic Product (GDP) in Germany contracted 0.20 percent in the fourth quarter of 2024 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 2023, the German economy shrunk by 0.3 percent. This was due to persistently high inflation that was triggered by the start of the Russia-Ukraine war in 2022. For 2024 and 2025, the economy is predicted to begin growing again.

The Weekly Activity Index (WAI) of the German economy showed notable fluctuations between January 2021 and January 2025. It reached its lowest point at -0.81 percent in the 10th week of 2021 before experiencing a sharp increase, peaking at 1.4 percent in the 24th week of the same year. The index then declined significantly during the second half of 2021 but recovered slightly, ending the year at 0.36 percent. In early 2022, the WAI saw another significant drop and remained in negative territory until the 22nd week of 2023. Throughout 2024, the index continued to fluctuate markedly, displaying an upward trend in the first half of the year followed by a downward trend in the second half. 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 indicates above average growth in real economic activity, while negative values signal a decline in economic output.

Graph and download economic data for Real Gross Domestic Product for Germany (CLVMNACSCAB1GQDE) from Q1 1991 to Q4 2024 about Germany, real, and GDP.

This data selection represents a thematic extract from the comprehensive study “The Growth of the German Economy since the mid-19th Century“ (“Das Wachstum der deutschen Wirtschaft seit der Mitte des 19. Jahrhunderts”) from 1965 by Walter G. Hoffmann. The main objective of Hoffmann’s study is to work out statistical figures concerning the long-term development of the German national economy, as well as the individual fields of this subject area. In doing so, the time series shall enable the verification of various hypotheses concerning economic growth. This aim, however, can only be reached if such time series are based on comparable statistical, methodical, and content-related concepts, and if they are collected for a period with maximum length. Consequently, this data selection comprises more than 800 pages with 250 tables, featuring almost every time series between 1850 and 1960 that can be considered relevant for the economic development. Whenever necessary, these materials were completed by estimates. Moreover, the above-named analyses of long-term tendencies aim at creating a reference system for the numerous short-term changes occuring within most national economies in the course of a century. Here the special focus of Hoffman’s work lies on the visualisation of the gained materials as regards the raise, distribution, and use of the national income. The respective calculation is based on the two production factors of labour and capital and culminates in an overview of production. The calculation of the distribution, on the other hand, deals with the functional and individual, i.e. personal distribution of (earned and capital) income. In its turn, the calculation of use is divided into the sectors of private and public consumption, investment, and the national trade balance.

Topics

Timeseries data available via the downloadsystem HISTAT

Data excerpt: Producktion, added value by economic sectors, net national product at market prices and net national product at factor costs (from calculation of raised income and/or output compilation, the following factors have been taken into consideration):

• die Produktion nach Wirtschaftsbereichen, aus der Aufbringungsrechnung (1850-1959);
• die Wertschöpfung nach Wirtschaftsbereichen in Preisen von 1913, das Nettoinlandsprodukt zu Faktorkosten, aus der Aufbringungsrechnung (1850-1959);
• das Nettosozialprodukts zu Faktorkosten in laufenden Preisen, aus der Verteilungsrechnung (1850-1959);
• das Nettosozialprodukt zu Marktpreisen in laufenden Preisen, aus der Verwendungsrechnung (1850-1959);
• die Verwendung des Nettosozialprodukts zu Marktpreisen in Preisen von 1913, aus der Verwendungsrechnung (1850-1959).

In 2023, Germany's real gross domestic product fell by around 0.26 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.

GDP from Manufacturing in Germany decreased to 169.83 EUR Billion in the fourth quarter of 2024 from 170.87 EUR Billion in the third quarter of 2024. This dataset provides - Germany Gdp From Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The study deals with the reconstruction of German secular economic trends associated with a data-compilation of historical time series concerning the economic development.

Index of tables in HISTAT (On-line Database ´Historical Statistics´):

• Population Development in Germany (1200-2002)
• Emigration from Germany (1820-2002)
• Live Birth and deceased per 1000 Inhabitants in Germany (1820-2000)
• Life expectancy of men and women in Germany (1871- 2001)
• Expansion rate of real GDP per capita of the population
• Real GDP per capita of population in Germany (1850-2002)
• Expansion rate of real GDP per capita of population in Germany (1851-2002)
• Hectare-output of wheat and rye in Germany (1850-2000)
• Gross-Value-Added of Primary Sector in comparison to the entire national economy (1850-2002)
• Percental share of Gross-Value-Added of Primary Sector in the entire Gross-Value-Added of national economy (1850 -2002)
• Price index of living costs and actual earnings in England (1264-1953)
• Employees in Germany (1800-2003)
• Average hours of work on a weekly basis in mining, industry and handcraft (1850-2002)
• Overall fulfilled hours of work in Germany (1850-2003)
• GDP per Capita, volume of work and average hours of work per week(1850-2002)
• Index of real wages in Germany (1810-2002)
• Unemployment rate in Germany (1887-2002)
• Percentage of employees in primary, secondary and tertiary sector of total employment (1800-2003)
• Capital stock in Germany (1850-2000)
• Netinvestment in Germany (1850-2002)
• Netinvestment rate in Germany (1850-2003)
• Index of capital intensity and of labour productivity (GDP per capita) in Germany (1850-2001)
• Return on capital in Germany (1850-1998)
• Capital ratio in Germany (1850-2000)
• Total Factorproductivity in Germany (1870-1999)
• Education rates in Germany and in USA (1870-1992)
• Number of grants in Germany (1812-2003) and in USA (1791-2000)

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Germany (NAEXKP03DEQ661S) from Q1 1970 to Q3 2023 about Germany, consumption expenditures, consumption, government, real, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Germany (DEUGDPNQDSMEI) from Q1 1970 to Q3 2023 about Germany and GDP.

GDP from Services in Germany increased to 131.39 EUR Billion in the fourth quarter of 2024 from 130.74 EUR Billion in the third quarter of 2024. This dataset provides - Germany Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

Germany DE: BOP: Current Account: Trade in Services: % of GDP data was reported at 21.116 % in 2023. This records a decrease from the previous number of 21.654 % for 2022. Germany DE: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 9.286 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 21.654 % in 2022 and a record low of 4.914 % in 1973. Germany DE: BOP: Current Account: Trade in Services: % of GDP 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: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

GDP from Public Administration in Germany increased to 174.06 EUR Billion in the fourth quarter of 2024 from 173.57 EUR Billion in the third quarter of 2024. This dataset provides - Germany Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Current Economic Situation Indicator: Germany: Good data was reported at 0.000 % in Feb 2025. This stayed constant from the previous number of 0.000 % for Jan 2025. Current Economic Situation Indicator: Germany: Good data is updated monthly, averaging 6.700 % from Dec 1991 (Median) to Feb 2025, with 399 observations. The data reached an all-time high of 95.700 % in Jan 2018 and a record low of 0.000 % in Feb 2025. Current Economic Situation Indicator: Germany: Good data remains active status in CEIC and is reported by Leibniz Centre for European Economic Research. The data is categorized under Global Database’s Germany – Table DE.S001: Indicator of Economic Sentiment: ZEW.

This data selection represents a thematic extract from the comprehensive study “The Growth of the German Economy since the mid-19th Century“ (“Das Wachstum der deutschen Wirtschaft seit der Mitte des 19. Jahrhunderts”) from 1965 by Walter G. Hoffmann. The main objective of Hoffmann’s study is to work out statistical figures concerning the long-term development of the German national economy, as well as the individual fields of this subject area. In doing so, the time series shall enable the verification of various hypotheses concerning economic growth. This aim, however, can only be reached if such time series are based on comparable statistical, methodical, and content-related concepts, and if they are collected for a period with maximum length. Consequently, this data selection comprises more than 800 pages with 250 tables, featuring almost every time series between 1850 and 1960 that can be considered relevant for the economic development. Whenever necessary, these materials were completed by estimates. Moreover, the above-named analyses of long-term tendencies aim at creating a reference system for the numerous short-term changes occuring within most national economies in the course of a century.Here the special focus of Hoffman’s work lies on the visualisation of the gained materials as regards the raise, distribution, and use of the national income. The respective calculation is based on the two production factors of labour and capital and culminates in an overview of production. The calculation of the distribution, on the other hand, deals with the functional and individual, i.e. personal distribution of (earned and capital) income. In its turn, the calculation of use is divided into the sectors of private and public consumption, investment, and the national trade balance. Topics Timeseries data available via the downloadsystem HISTAT Data excerpt: The production of mining industry and saltworks(from the calculation of the raised income, the following factors have been taken into consideration): - The production of mining industry and saltworks (Index: 1913 = 100).

Germany’s GDP per capita stood at almost 53,565.04 U.S. dollars in 2023. 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.

This data selection represents a thematic extract from the comprehensive study “The Growth of the German Economy since the mid-19th Century“ (“Das Wachstum der deutschen Wirtschaft seit der Mitte des 19. Jahrhunderts”) from 1965 by Walter G. Hoffmann. The main objective of Hoffmann’s study is to work out statistical figures concerning the long-term development of the German national economy, as well as the individual fields of this subject area. In doing so, the time series shall enable the verification of various hypotheses concerning economic growth. This aim, however, can only be reached if such time series are based on comparable statistical, methodical, and content-related concepts, and if they are collected for a period with maximum length. Consequently, this data selection comprises more than 800 pages with 250 tables, featuring almost every time series between 1850 and 1960 that can be considered relevant for the economic development. Whenever necessary, these materials were completed by estimates. Moreover, the above-named analyses of long-term tendencies aim at creating a reference system for the numerous short-term changes occuring within most national economies in the course of a century. Here the special focus of Hoffman’s work lies on the visualisation of the gained materials as regards the raise, distribution, and use of the national income. The respective calculation is based on the two production factors of labour and capital and culminates in an overview of production. The calculation of the distribution, on the other hand, deals with the functional and individual, i.e. personal distribution of (earned and capital) income. In its turn, the calculation of use is divided into the sectors of private and public consumption, investment, and the national trade balance. Topics Timeseries date available via the downloadsystem HISTAT Data excerpt: Production in Agriculture, Forestry and Fisheries (from the calculation of the raised income, the following factors have been taken into consideration: - the quantitative production of agriculture, – the production of agriculture in value terms, – the net production value and value creation of agriculture as calculated on the bases of price levels in the examined years, and of the prices of 1913.

Timeseries are downloadable via the online system HISTAT (www.histat.gesis.org).

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Germany (DEUPFCEADSMEI) from 1970 to 2022 about Germany, consumption expenditures, consumption, and private.

Germany Consumer Confidence Score: Current Local Economy: Positive Response data was reported at 14.273 Score in Jan 2023. This records an increase from the previous number of 11.014 Score for Dec 2022. Germany Consumer Confidence Score: Current Local Economy: Positive Response data is updated monthly, averaging 16.409 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 28.342 Score in Feb 2018 and a record low of 4.671 Score in Apr 2010. Germany Consumer Confidence Score: Current Local Economy: Positive Response data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s Germany – Table DE.IPSOS: Consumer Confidence Survey.