The Gross Domestic Product (GDP) in Germany expanded 0.40 percent in the first 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 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.

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.

Current Economic Situation Indicator: Germany: Good data was reported at 0.600 % in Apr 2025. This records an increase from the previous number of 0.000 % for Mar 2025. Current Economic Situation Indicator: Germany: Good data is updated monthly, averaging 6.100 % from Dec 1991 (Median) to Apr 2025, with 401 observations. The data reached an all-time high of 95.700 % in Jan 2018 and a record low of 0.000 % in Mar 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.

Current Economic Situation Indicator: Germany: Normal data was reported at 17.600 % in Apr 2025. This records an increase from the previous number of 12.400 % for Mar 2025. Current Economic Situation Indicator: Germany: Normal data is updated monthly, averaging 41.100 % from Dec 1991 (Median) to Apr 2025, with 401 observations. The data reached an all-time high of 89.600 % in Sep 1995 and a record low of 1.500 % in Nov 1993. Current Economic Situation Indicator: Germany: Normal 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.

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 Current Economic Situation Indicator: Italy data was reported at -86.200 % in Mar 2021. This records an increase from the previous number of -91.000 % for Feb 2021. Germany Current Economic Situation Indicator: Italy data is updated monthly, averaging -57.550 % from Dec 1991 (Median) to Mar 2021, with 352 observations. The data reached an all-time high of 27.800 % in Sep 2000 and a record low of -98.900 % in Apr 2020. Germany Current Economic Situation Indicator: Italy 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.

Germany: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 4659.93 billion U.S. dollars, an increase from 4525.7 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Germany from 1960 to 2024 is 1924.88 billion U.S. dollars. The minimum value, 84.62 billion U.S. dollars, was reached in 1960 while the maximum of 4659.93 billion U.S. dollars was recorded in 2024.

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)

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Germany (DEUEXPORTQDSMEI) from Q1 1970 to Q3 2023 about Germany, exports, goods, and services.

Graph and download economic data for Gross Domestic Product for Germany (MKTGDPDEA646NWDB) from 1960 to 2024 about Germany and GDP.

Current Economic Situation Indicator: Germany: Bad data was reported at 81.800 % in Apr 2025. This records a decrease from the previous number of 87.600 % for Mar 2025. Current Economic Situation Indicator: Germany: Bad data is updated monthly, averaging 19.500 % from Dec 1991 (Median) to Apr 2025, with 401 observations. The data reached an all-time high of 98.500 % in Nov 1993 and a record low of 0.000 % in Jul 2011. Current Economic Situation Indicator: Germany: Bad 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.

Current Economic Situation Indicator: Germany: Balance data was reported at -82.000 % in May 2025. This records a decrease from the previous number of -81.200 % for Apr 2025. Current Economic Situation Indicator: Germany: Balance data is updated monthly, averaging -10.000 % from Dec 1991 (Median) to May 2025, with 402 observations. The data reached an all-time high of 95.200 % in Jan 2018 and a record low of -98.500 % in Nov 1993. Current Economic Situation Indicator: Germany: Balance 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.S: Indicator of Economic Sentiment: ZEW. [COVID-19-IMPACT]

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 Current Economic Situation Indicator: France data was reported at -76.400 % in Mar 2021. This records an increase from the previous number of -78.100 % for Feb 2021. Germany Current Economic Situation Indicator: France data is updated monthly, averaging -33.550 % from Dec 1991 (Median) to Mar 2021, with 352 observations. The data reached an all-time high of 51.900 % in Sep 2000 and a record low of -96.400 % in May 2020. Germany Current Economic Situation Indicator: France 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.

Germany recorded a Current Account surplus of 5.70 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.

Graph and download economic data for Business Tendency Surveys: Export Order Books or Demand: Economic Activity: Manufacturing: Current for Germany (BSXRLV02DEM086S) from Jan 1985 to Jun 2025 about book, business sentiment, Germany, exports, business, and manufacturing.

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: Private and public Consumption(from the final expenditure compilation, the following factors have been taken into consideration): (A) Total Consumption:- Consumption of vegetable foodstuffs- Consumption of foodstuffs obtained from livestock farming - Consumption of vegetable foodstuffs in prices of 1913- Consumption of foodstuffs obtained from livestock farming and the total consumption of foodstuffs in prices of 1913- Consumption of vegetable foodstuffs in current prices- Consumption of foodstuffs obtained from livestock farming and the total consumption of foodstuffs in current prices- Consumption of luxury foodstuffs- Consumption of luxury foodstuffs in prices of 1913- Consumption of luxury foodstuffs in current prices - Consumption of ohter goods and services in prices of 1913- Consumption of ohter goods and services in current prices (B) Public Consumption:- Administration expenses in current prices - Public consumption in current prices- Public consumption in prices of 1913- Public expenses for education in current prices (C) Private Consumption- Private expenditures and private consumption for health care, personal hygiene and cleaning in prices of 1913- Hispitals- Private expenditures and private consumption for health care, personal hygiene and cleaning in current prices- Onther consumption of education and recreation in prices of 1913- Expenditures for education and recreation in current prices- Use of automobiles for private consumption- Purchase of automobiles for private consumption- Private consumption of traffic services in prices of 1913- Private consumption of traffic services in current prices- Total private consumption in prices of 1913- Total private consumption in current prices

Graph and download economic data for Real Gross Domestic Product for Germany (CLVMNACSCAB1GQDE) from Q1 1991 to Q1 2025 about Germany, real, and GDP.

Germany Current Economic Situation Indicator: USA data was reported at -23.900 % in Apr 2025. This records a decrease from the previous number of 6.700 % for Mar 2025. Germany Current Economic Situation Indicator: USA data is updated monthly, averaging 29.300 % from Dec 1991 (Median) to Apr 2025, with 401 observations. The data reached an all-time high of 97.100 % in May 2000 and a record low of -97.400 % in Jan 2009. Germany Current Economic Situation Indicator: USA 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.