The Gross Domestic Product (GDP) in Germany stagnated 0 percent in the third 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 0.5 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.

The Gross Domestic Product (GDP) in Germany expanded 0.30 percent in the third 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 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.

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.

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.

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.

Graph and download economic data for Real Gross Domestic Product for Germany (CLVMNACSCAB1GQDE) from Q1 1991 to Q3 2025 about Germany, real, and GDP.

In 2024, Germany’s GDP ranged at around 4.68 trillion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards six trillion U.S. dollars by 2030. Germany has the third-largest GDP in the world, after the United States and China. 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.

Key information about Germany Real GDP Growth

• The Gross Domestic Product (GDP) in Germany expanded 0.3 % YoY in Sep 2025, following a growth of 0.3 % in the previous quarter.
• Real GDP Growth YoY data in Germany is updated quarterly, available from Mar 1992 to Sep 2025, with an average rate of -1.9 %.
• The data reached an all-time high of 11.6 % in Jun 2021 and a record low of -10.7 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP Index. Statistisches Bundesamt provides Real GDP Index at chain linked 2020 prices.


Related information about Germany Real GDP Growth

• In the latest reports, Nominal GDP of Germany reached 1,310.0 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 3.1 % in Sep 2025.
• GDP Per Capita in Germany reached 56,061.4 USD in Dec 2024.
• Its Gross Savings Rate was measured at 24.5 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 22.8 % in Sep 2025.
• Public Consumption accounted for 22.1 % in Sep 2025.
• Private Consumption accounted for 53.4 % in Sep 2025.

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.

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 GDP Deflator Growth

• Germany GDP deflator (implicit price deflator) increased 3.1 % in Sep 2025, compared with an increase of 2.9 % in the previous quarter.
• Germany GDP Deflator Growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average rate of 1.0 %.
• The data reached an all-time high of 7.3 % in Mar 2023 and a record low of -0.8 % in Jun 2000.

CEIC calculates quarterly GDP Deflator Growth from quarterly Nominal and Real GDP. Statistisches Bundesamt provides Nominal GDP in EUR and Real GDP in EUR, at chain linked 2020 prices.


Related information about Germany GDP Deflator Growth

• In the latest reports, Germany GDP expanded 0.3 % YoY in Sep 2025.
• Its Nominal GDP reached 1,310.0 USD bn in Sep 2025.
• Germany GDP Per Capita reached 56,061.4 USD in Dec 2024.
• Its Gross Savings Rate was measured at 24.5 % in Sep 2025.

Graph and download economic data for Nominal Gross Domestic Product for Germany (NGDPSAXDCDEQ) from Q1 1991 to Q2 2025 about Germany and GDP.

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.

Actual value and historical data chart for Germany GDP Per Capita Growth Annual Percent

Key information about Germany Gross National Product (GNP)

• Germany Gross National Product (GNP) was reported at 1,358.572 USD bn in Sep 2025.
• This records an increase from the previous number of 1,273.436 USD bn for Jun 2025.
• Germany Gross National Product (GNP) data is updated quarterly, averaging 1,002.564 USD bn from Mar 1991 to Sep 2025, with 139 observations.
• The data reached an all-time high of 1,358.572 USD bn in Sep 2025 and a record low of 444.672 USD bn in Jun 1991.

Related information about Germany Gross National Product (GNP) data

• Germany Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts quarterly Gross National Product into USD. Statistisches Bundesamt provides Gross National Product in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.

Key information about Germany Foreign Direct Investment: % of GDP

• Germany Foreign Direct Investment (FDI) registered a growth equal to 1.5 % of the country's Nominal GDP in Sep 2025, compared with a growth equal to 2.4 % in the previous quarter.
• Germany Foreign Direct Investment: % of Nominal GDP data is updated quarterly, available from Mar 1991 to Sep 2025.
• The data reached an all-time high of 32.9 % in Mar 2000 and a record low -3.7 % in Mar 2004.

CEIC calculates Foreign Direct Investment as % of Nominal GDP from monthly Foreign Direct Investment and quarterly Nominal GDP. Deutsche Bundesbank provides Foreign Direct Investment in EUR. Statistisches Bundesamt provides Nominal GDP in EUR.


Related information about Germany Foreign Direct Investment: % of GDP

• In the latest reports of Germany, Current Account recorded a surplus of 17.4 USD bn in Sep 2025.
• Foreign Direct Investment (FDI) increased by 10.1 USD bn in Sep 2025.
• Germany Direct Investment Abroad expanded by 3.4 USD bn in Sep 2025.
• Its Foreign Portfolio Investment increased by 79.6 USD bn in Sep 2025.
• The country's Nominal GDP was reported at 1,310.0 USD bn in Sep 2025.

Actual value and historical data chart for Germany Population Growth Annual Percent

The Gross Domestic Product per capita in Germany was last recorded at 62829.80 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Germany, when adjusted by Purchasing Power Parity is equivalent to 354 percent of the world's average. This dataset provides the latest reported value for - Germany GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.