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.

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 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.

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.

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.

In 2024, Germany's gross domestic product (GDP) amounted to 4,305.3 billion euros. Germany is thus among the leading five countries in the world GDP ranking. International standing Germany’s economy is not only one of the largest worldwide, it is also the largest in Europe and predicted to be among the countries with the largest GDP by the year 2030. Additionally, Germany is among the 20 countries with the largest gross domestic product per capita, and it is one of the leading exporters and importers, only surpassed by China and the United States in both cases. Subsequently, it also reports one of the highest trade surpluses worldwide. Employment Germany’s national debt amounts to about 60 percent of GDP and is steadily decreasing. It also reports one of the lowest unemployment rates in the European Union. All signs seem to point to a very bright future for Germany’s economy. However, the country has been struggling with skilled labor shortages for a while and many companies are desperately looking for apprentices. This is partly due to very low population growth but also the rising unpopularity of apprenticeships.

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.

View quarterly updates and historical trends for Germany Real GDP QoQ. Source: Federal Statistical Office of Germany. Track economic data with YCharts ana…

Germany - Real GDP growth rate was -0.50% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Real GDP growth rate - last updated from the EUROSTAT on December of 2025. Historically, Germany - Real GDP growth rate reached a record high of 4.20% in December of 2010 and a record low of -4.10% in December of 2020.

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

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.

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.

-0.2 (%) in 2024. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Key information about Germany Public Consumption: % of GDP

• Germany Public Consumption accounted for 22.1 % of its Nominal GDP in Sep 2025, compared with a share of 22.4 % in the previous quarter.
• Germany Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1991 to Sep 2025, with an average number of 17.9 %.
• The data reached an all-time high of 23.5 % in Jun 2020 and a record low of 17.4 % in Sep 2007.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Statistisches Bundesamt provides Government Consumption Expenditure in EUR and Nominal GDP in EUR.


Related information about Germany Public Consumption: % of GDP

• In the latest reports, Germany GDP expanded 0.3 % YoY in Sep 2025.
• Germany Nominal GDP reached 1,310.0 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 3.1 % 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.
• For Nominal GDP contributions, Investment accounted for 22.8 % in Sep 2025.
• Private Consumption accounted for 53.4 % in Sep 2025.

The fastest growing economy in Europe in 2024 was Malta. The small Mediterranean country's gross domestic product grew at five percent in 2024, beating out Montenegro which had a growth rate of almost four percent and the Russian Federation which had a rate of 3.6 percent in the same year. Estonia was the country with the largest negative growth in 2024, as the Baltic country's economy shrank by 0.88 percent compared with 2023, largely as a result of the country's exposure to the economic effects of Russia's invasion of Ukraine and the subsequent economic sanctions placed on Russia. Germany, Europe's largest economy, experience economic stagnation with a growth of 0.1 percent. Overall, the EU (which contains 27 European countries) registered a growth rate of one percent and the Eurozone (which contains 20) grew by 0.8 percent.

Germany: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 3683.6 billion U.S. dollars, a decline from 3692.4 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for Germany from 1960 to 2024 is 2397.5 billion U.S. dollars. The minimum value, 917.5 billion U.S. dollars, was reached in 1960 while the maximum of 3702.2 billion U.S. dollars was recorded in 2022.