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.

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.

For 2024, the Association of German Chambers of Commerce and Industry forecasts a GDP decrease of 0.5 percent compared to 2023. Due to rising commodity and energy prices triggered by the Russia-Ukraine war, business expectations for 2024 are subdued. High inflation rates negatively affected consumer sentiment and influence the business situation of German companies.

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.

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.

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.

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.

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.

• 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.

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 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.

• 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.

The economy of the European Union is set to grow by *** percent in 2026, according to forecasts by the European Commission. This marks a significant slowdown compared to previous years, when the EU member states grew quickly in the aftermath of the COVID pandemic. ***** is the country which is forecasted to grow the most in 2026, with an annual growth rate of **** percent. Many of Europe's largest economies, on the other hand, are set to experiencing slow growth or stagnation, with Germany, France, and Italy growing below *** percent.

Germany was forecast to experience an economic stagnation in 2024, with a gross domestic product (GDP) growth rate of **** percent. However, it is estimated to grow slightly in 2024 and 2025. The United States is forecast to have the highest GDP growth rate of the G7 in 2024.

Key information about Germany Tourism Revenue Growth

• Germany Tourism Revenue grew 6.3 % YoY in Dec 2024, compared with an increase of 14.2 % YoY in the previous year
• Germany Tourism Revenue Growth rate data is updated yearly, available from Dec 1972 to Dec 2024
• The data reached an all-time high of 60.7 % in Dec 2022 and a record low of -48.2 % in Dec 2020

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.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

Germany GDP: Private Final Consumption Expenditure data was reported at 583,276.000 EUR mn in Dec 2024. This records an increase from the previous number of 578,026.000 EUR mn for Sep 2024. Germany GDP: Private Final Consumption Expenditure data is updated quarterly, averaging 349,531.000 EUR mn from Mar 1991 (Median) to Dec 2024, with 136 observations. The data reached an all-time high of 583,276.000 EUR mn in Dec 2024 and a record low of 210,598.000 EUR mn in Mar 1991. Germany GDP: Private Final Consumption Expenditure data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.MEI: Gross Domestic Product: OECD Member: Quarterly.

Germany GDP: Government Consumption Expenditure data was reported at 961,327.000 EUR mn in 2024. This records an increase from the previous number of 905,151.000 EUR mn for 2023. Germany GDP: Government Consumption Expenditure data is updated yearly, averaging 466,084.500 EUR mn from Dec 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 961,327.000 EUR mn in 2024 and a record low of 299,414.000 EUR mn in 1991. Germany GDP: Government Consumption Expenditure data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.MEI: Gross Domestic Product: OECD Member: Annual.

GDP from Construction in Germany decreased to 29.33 EUR Billion in the third quarter of 2025 from 29.50 EUR Billion in the second quarter of 2025. This dataset provides - Germany Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.