Key information about Germany Gross National Product (GNP)

• Germany Gross National Product (GNP) was reported at 1,232.533 USD bn in Dec 2024.
• This records an increase from the previous number of 1,229.687 USD bn for Sep 2024.
• Germany Gross National Product (GNP) data is updated quarterly, averaging 837.264 USD bn from Mar 1991 to Dec 2024, with 136 observations.
• The data reached an all-time high of 1,232.533 USD bn in Dec 2024 and a record low of 444.672 USD bn in Jun 1991.

• 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.

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.

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.

Gross National Product in Germany increased to 1136.72 EUR Billion in the first quarter of 2025 from 1129.24 EUR Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - Germany Gross National Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deutschlands Gross National Product (GNP) belief sich im 2024-12 auf 1,232,533.471 USD Mio.. Dies stellt einen Anstieg im Vergleich zu den vorherigen Zahlen von 1,229,687.002 USD Mio. für 2024-09 dar. Deutschlands Gross National Product (GNP) werden vierteljährlich aktualisiert, mit einem Durchschnitt von 837,264.430 USD Mio. von 1991-03 bis 2024-12, mit 136 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 1,232,533.471 USD Mio. im 2024-12 und ein Rekordtief in Höhe von 444,671.967 USD Mio. im 1991-06. Deutschlands Gross National Product (GNP) Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: Gross National Product: USD: Quarterly kategorisiert.

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

Germany DE: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 54,800.000 USD in 2023. This records an increase from the previous number of 53,800.000 USD for 2022. Germany DE: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 24,195.000 USD from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 54,800.000 USD in 2023 and a record low of 1,370.000 USD in 1962. Germany DE: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

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’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.

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.

In 2022, Germany's gross domestic product (GDP) amounted to 3,867.05 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.

The Gross Domestic Product (GDP) in Germany contracted 0.10 percent in the second 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.

This is a compact excerpt of GDP data for Germany from the publication: Thomas Rahlf, Volkswirtschaftliche Gesamtrechnung, in: Thomas Rahlf (Ed.), Deutschland in Daten. Zeitreihen zur Historischen Statistik, 2nd ed., Bonn: Bundeszentrale für politische Bildung 2022, pp. 192-205.

According to current research, it is not possible to calculate a reliable gross national product, or gross domestic product for Germany for the 19th century. Instead of Hoffmann’s calculations, the net national product calculated by Pfister (2020) should be used.

For the first half of the 20th century, the calculations of Ritschl / Spoerer (1997) should still be chosen.

For the period from 1950 to 1970, the data in Spoerer / Ritschl (1997) are identical with the more comprehensive publication Federal Statistical Office (2021), which contains unrevised results before the introduction of the European System of Accounts in 1995.

For 1970 to 1990, the data published by Ritschl / Spoerer (1997) can be used if comparability of this period with the period before is more important than with the period after.

If a comparison with the period after is more important, for 1970 to 1990 the data from Federal Statistical Office (2021), should be used. These are recalculated after the 1991 and 2002 revisions, but not after the 2011, 2014, or 2018 revisions.

The data from 1991 onward fit the previous ones only to a limited extent because they have been recalculated based on the 2011, 2014, and 2018 revisions.

Pfister, Ulrich, The Crafts–Harley view of German industrialization: an independent estimate of the income side of net national product, 1851–1913, in: European Review of Economic History 24/3 (2020), S. 502‐521.

Ritschl, Albrecht/Spoerer, Mark, Das Bruttosozialprodukt Deutschlands nach den amtlichen Volkseinkommens‐ und Sozialproduktstatistiken 1901‐1995, in: Jahrbuch für Wirtschaftsgeschichte 1997, S. 27‐54.

Statistisches Bundesamt (Hrsg.): Bevölkerung und Wirtschaft 1872–1972, Stuttgart/Mainz 1972

Statistisches Bundesamt (Hrsg.) 2010, Volkswirtschaftliche Gesamtrechnungen. Ergebnisse in jeweiligenPreisen und in Preisen von 1991 nach ESVG, 2. Auflage, 1950 bis 1970, Wiesbaden (unveröffentlicht).

Statistisches Bundesamt (Hrsg.), Fachserie 18, Volkswirtschaftliche Gesamtrechnungen. Reihe 1.5: Inlandsproduktberechnung ‐ Lange Reihen ab 1970, Jg. 2020, Stuttgart.

Germany - Gross national income was EUR1136718.00 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Gross national income - last updated from the EUROSTAT on July of 2025. Historically, Germany - Gross national income reached a record high of EUR1136718.00 Million in March of 2025 and a record low of EUR821064.00 Million in June of 2020.

Graph and download economic data for Ratio of GNP to GDP for Germany (GNPGDPDEA156NUPN) from 1970 to 2010 about GNP, ratio, Germany, and GDP.

In 2024, the services sector's share in Germany's gross domestic product amounted edged over 70 percent, while the secondary and primary sectors generated less than a third of GDP together. At your service The tertiary, or services, sector encompasses all kinds of intangible goods, like consulting and advice, transport, or attention. If a country generates its GDP mostly via services, this is often through industries like housing, tourism (including accommodation and hospitality), financial services, or telecommunications. Germany is a popular tourist destination and an important financial hub. Germany is not a “service desert” The services sector in Germany not only generates most of the country’s GDP, it also employs the vast majority of the workforce with over 70 percent. Lately, business confidence in the German services sector has increased significantly, which suggests a stable economy and ideally an increase in production and output in the future. This projection is supported by rising GDP and a stable inflation rate at around two percent.

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.

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

Germany DE: GDP: Real: Gross National Income data was reported at 3,313,969.271 EUR mn in 2022. This records a decrease from the previous number of 3,326,731.337 EUR mn for 2021. Germany DE: GDP: Real: Gross National Income data is updated yearly, averaging 2,358,794.320 EUR mn from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 3,365,346.060 EUR mn in 2019 and a record low of 1,257,659.441 EUR mn in 1970. Germany DE: GDP: Real: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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.