GDP (current US$) in Germany was reported at 4659929336891 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

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.

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.

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.

GDP per capita (current US$) in Germany was reported at 55800 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

GDP, PPP (current international $) in Germany was reported at 6037851748487 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

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

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.

Key information about Germany Foreign Exchange Reserves

• Germany Foreign Exchange Reserves was measured at 36.7 USD bn in Jan 2025, compared with 35.2 USD bn in the previous month
• Germany Foreign Exchange Reserves: USD mn data is updated monthly, available from Jan 1957 to Jan 2025
• The data reached an all-time high of 114.6 USD bn in Sep 1992 and a record low of 1.3 USD bn in Apr 1959

CEIC converts monthly Foreign Exchange Reserves into USD. Deutsche Bundesbank provides Foreign Exchange Reserves in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions. Germany joined the Euro Area on January 1st, 1999 with fixed conversion rate of 1 EUR = 1.95583 DEM. Foreign Exchange Reserves prior to December 1998 is sourced from the International Monetary Fund.


Further information about Germany Foreign Exchange Reserves

• In the latest reports, Germany Foreign Exchange Reserves equaled 0.3 Months of Import in Dec 2024.
• Its Money Supply M2 increased 4,046.9 USD bn YoY in Dec 2024.
• Germany Domestic Credit reached 6,397.0 USD bn in Nov 2024, representing an drop of 2.2 % YoY.
• The country's Non Performing Loans Ratio stood at 1.2 % in Dec 2022, compared with the ratio of 1.1 % in the previous year.
• Household Debt of Germany reached 50.3 % in Sep 2024, accounting for 50.3 % of the country's Nominal GDP.

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.

Key information about Germany Domestic Credit

• Germany Domestic Credit reached 6,559.7 USD bn in Dec 2024, compared with a reported figure of 6,397.0 USD bn in the previous month
• Germany Domestic Credit data is updated monthly
• It is available from Jan 1999 to Dec 2024 and averaged 4,674.0 USD bn
• The data reached an all-time high of 6,958.4 USD bn in Jul 2023 and a record low of 2,523.3 USD bn in Oct 2000

CEIC converts monthly Domestic Credit into USD. The International Monetary Fund provides Domestic Credit in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions. Domestic Credit prior to December 2001 is based on an older methodology.


Further information about Germany Domestic Credit

• In the latest reports, Germany Domestic Credit represented an increased of 4.8 % YoY in Dec 2024
• Money Supply M2 in Germany increased to 4,036.6 USD bn YoY in Jan 2025
• Germany Foreign Exchange Reserves was measured at 36.7 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 0.3 Months of Import in Dec 2024
• The country's Non Performing Loans Ratio stood at 1.2 % in Dec 2022, compared with the ratio of 1.1 % in the previous year
• Household Debt of Germany reached 50.3 % in Sep 2024, accounting for 50.3 % of the country's Nominal GDP

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

GDP, PPP (constant 2017 international $) in Germany was reported at 5246975952527 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Key information about Germany Domestic Credit Growth

• Germany Domestic Credit increased 4.8 % YoY in Dec 2024, compared with a decrease of 2.2 % YoY in the previous month
• Germany Domestic Credit Growth YoY data is updated monthly
• It averaged 1.2 %, available from Jan 2000 to Dec 2024
• The data reached an all-time high of 38.8 % in Sep 2011 and a record low of -13.2 % in Aug 2013

CEIC calculates monthly Domestic Credit Growth from monthly Domestic Credit. The International Monetary Fund provides Domestic Credit in EUR. Domestic Credit Growth prior to December 2002 is based on an older methodology.


Further information about Germany Domestic Credit Growth

• In the latest reports, Germany Domestic Credit reached 6,559.7 USD bn in Dec 2024
• Money Supply M2 in Germany increased to 4,036.6 USD bn YoY in Jan 2025
• Germany Foreign Exchange Reserves was measured at 36.7 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 0.3 Months of Import in Dec 2024
• The country's Non Performing Loans Ratio stood at 1.2 % in Dec 2022, compared with the ratio of 1.1 % in the previous year
• Household Debt of Germany reached 50.3 % in Sep 2024, accounting for 50.3 % of the country's Nominal GDP

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.

GDP per capita (constant 2015 US$) in Germany was reported at 44109 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.