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.
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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.
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Graph and download economic data for Constant GDP per capita for Germany (NYGDPPCAPKDDEU) from 1960 to 2024 about Germany, per capita, real, and GDP.
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Germany - Real GDP per capita was EUR36130.00 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 per capita - last updated from the EUROSTAT on July of 2025. Historically, Germany - Real GDP per capita reached a record high of EUR36720.00 in December of 2019 and a record low of EUR29410.00 in December of 2000.
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Graph and download economic data for Gross Domestic Product Per Capita for Germany (PCAGDPDEA646NWDB) from 1960 to 2024 about Germany, per capita, and GDP.
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Key information about Germany GDP Per Capita
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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.
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Germany DE: GDP: Real: per Capita data was reported at 39,960.579 EUR in 2023. This records an increase from the previous number of 39,819.663 EUR for 2022. Germany DE: GDP: Real: per Capita data is updated yearly, averaging 27,920.436 EUR from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 39,960.579 EUR in 2023 and a record low of 11,356.630 EUR in 1960. Germany DE: GDP: Real: per Capita 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. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices 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. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
In the build up to the Second World War, the United States was the major power with the highest gross domestic product (GDP) per capita in the world. In 1938, the United States also had the highest overall GDP in the world, and by a significant margin, however differences in GDP per person were much smaller. Switzerland In terms of countries that played a notable economic role in the war, the neutral country of Switzerland had the highest GDP per capita in the world. A large part of this was due to the strength of Switzerland's financial system. Most major currencies abandoned the gold standard early in the Great Depression, however the Swiss Franc remained tied to it until late 1936. This meant that it was the most stable, freely convertible currency available as the world recovered from the Depression, and other major powers of the time sold large amounts of gold to Swiss banks in order to trade internationally. Switzerland was eventually surrounded on all sides by Axis territories and lived under the constant threat of invasion in the war's early years, however Swiss strategic military planning and economic leverage made an invasion potentially more expensive than it was worth. Switzerland maintained its neutrality throughout the war, trading with both sides, although its financial involvement in the Holocaust remains a point of controversy. Why look at GDP per capita? While overall GDP is a stronger indicator of a state's ability to fund its war effort, GDP per capita is more useful in giving context to a country's economic power in relation to its size and providing an insight into living standards and wealth distribution across societies. For example, Germany and the USSR had fairly similar GDPs in 1938, whereas Germany's per capita GDP was more than double that of the Soviet Union. Germany was much more industrialized and technologically advanced than the USSR, and its citizens generally had a greater quality of life. However these factors did not guarantee victory - the fact that the Soviet Union could better withstand the war of attrition and call upon its larger population to replenish its forces greatly contributed to its eventual victory over Germany in 1945.
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GDP per capita growth (annual %) in Germany was reported at 0.22853 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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GDP per Capita: East Germany excl Berlin data was reported at 38,016.000 EUR in 2024. This records an increase from the previous number of 37,201.000 EUR for 2023. GDP per Capita: East Germany excl Berlin data is updated yearly, averaging 21,632.000 EUR from Dec 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 38,016.000 EUR in 2024 and a record low of 7,458.000 EUR in 1991. GDP per Capita: East Germany excl Berlin data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.A054: ESA 2010: GDP per Capita: by Region.
In 2021, the poverty rate was about **** percent in Germany, this is a record high. Over the last 15 years, there has been a slow but steady increase in the proportion of people affected by relative income poverty in Germany.
At the turn of the 20th century, industrialization in Western Europe and North America saw new countries emerge (or return) as major economic powers. Germany (established in 1871) and the United States were the two countries that began to challenge the established powers such as Britain and the Netherlands on an industrial scale, while France's invigorated banking system compensated for its slow rate of industrialization. This period also saw Scandinavian countries catch up with modernization rates observed in other Western European countries; the wealth of natural resources, increased industrial output, and strong shipping networks combined to allow GDP per capita to grow at rates similar to the United States and France and Germany.
Between 1970 and 1913, GDP per capita in the three emerging regions roughly doubled, outpacing growth in countries considered economic and industrial "leaders" for most of the 1800s. While Britain had been the leading global superpower for most of the 19th century and still maintained healthy economic growth in the given period, the rise of Germany and the U.S. at this time would (and, later, the Soviet Union) go on to shape global economic development over the subsequent decades.
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GDP per Capita: West Germany excl Berlin data was reported at 52,966.000 EUR in 2024. This records an increase from the previous number of 51,638.000 EUR for 2023. GDP per Capita: West Germany excl Berlin data is updated yearly, averaging 33,146.000 EUR from Dec 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 52,966.000 EUR in 2024 and a record low of 22,841.000 EUR in 1991. GDP per Capita: West Germany excl Berlin data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.A054: ESA 2010: GDP per Capita: by Region.
The statistic shows gross domestic product (GDP) per capita in the DACH countries from 2020 to 2024, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. The DACH countries are Austria, Germany and Switzerland. In 2024, GDP per capita in Austria amounted to around ********* U.S. dollars.
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<li>Germany gni per capita for 2022 was <strong>$53,800</strong>, a <strong>3.18% increase</strong> from 2021.</li>
<li>Germany gni per capita for 2021 was <strong>$52,140</strong>, a <strong>8.58% increase</strong> from 2020.</li>
<li>Germany gni per capita for 2020 was <strong>$48,020</strong>, a <strong>2.93% decline</strong> from 2019.</li>
</ul>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.
In 2023, the German state of Bavaria recorded the highest per capita purchasing power at ****** euros. Hamburg and Baden-Württemberg in the south rounded up the top three. According to the source, purchasing power refers to disposable income (net income without taxes and social security payments, including received transfer payments) of the population in a certain region. In recent years, Germany saw a varying disparity between disposable income and consumer spending in private households.
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GDP per capita, PPP (current international $) in Germany was reported at 72300 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Germany: GDP per capita, current U.S. dollars: The latest value from 2023 is 54343.23 U.S. dollars, an increase from 49686.12 U.S. dollars in 2022. In comparison, the world average is 19958.31 U.S. dollars, based on data from 185 countries. Historically, the average for Germany from 1960 to 2023 is 23100.33 U.S. dollars. The minimum value, 1162.12 U.S. dollars, was reached in 1960 while the maximum of 54343.23 U.S. dollars was recorded in 2023.
The financial net worth of households in Germany per capita was around ******* U.S. dollars in 2023, compared with ******* thousand dollars in the previous year, a yearly increase of around ***** thousand dollars.
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.