This ia a chart of the German GDP. The German GDP is 3570.56 billion dollars in America.
OECD GDP rose by 0.5 per cent in Q3 2024, with G7 growth stable at 0.5 per cent. The US led G7 growth at 0.7 per cent, while Canada, Japan, the UK, and Italy saw slowdowns. France (0.4 per cent) and Germany (0.2 per cent) showed rebounds, driven by private consumption. Hungary, Latvia, and Sweden saw GDP drops, while Ireland (2.0 per cent) and Mexico (1.3 per cent) led growth.
Germany Gdp Growth Rate Last 10 Years
This graphic shows Germany’s GDP per capita growth over time and explains why individual income growth has been steadier than total economic expansion. Learn how population change, reunification, and economic structure shape living standards in Germany. Useful for expats, professionals, and anyone trying to understand how Germany’s economy affects daily life.
In June 2025, Germany’s ZEW Economic Sentiment rose sharply to 47.5 points, up by 22.3 points from May, while the current conditions index improved to -72.0, its highest gain since April 2023. Eurozone sentiment also increased to 35.3 points. ZEW attributes the boost to rising investment, consumer demand, fiscal measures, and ECB rate cuts.
Germany Economy Growth Rate
A recent report has suggested that Germany may see a 0.6 per cent drop in GDP for 2023, revising earlier spring forecasts downward by 0.9 percentage points. The country's economic downturn has worsened due to surging energy prices and climbing interest rates. Improvements are expected by year-end, and GDP growth of 1.3 per cent is projected for 2024.
This graphic shows Germany’s GDP growth over time and explains why expansion tends to be steady rather than fast. Learn how industrial structure, demographics, and policy choices shape Germany’s economic performance
Germany Population And Gdp
Germany’s real GDP is projected to grow by around 0.2 per cent this year, the IMF has said. This is expected to gradually reinforce confidence, bolstering consumption and private investment in 2025. GDP growth is projected to accelerate to between 1-1.5 per cent during 2025-26. Over the medium term, rapid population aging is expected to slow economic growth.
Exports account for 50 per cent of GDP compared to about 30% in the UK, France and Italy
Germany’s economy is stabilising and should pick up slightly in 2024, said the German Council of Economic Experts, which expects the GDP to grow by 0.2 per cent this year and by 0.9 per cent in 2025. Inflation rates are expected to drop to 2.4 per cent this year and 2.1 per cent in 2025. Structural conditions in the German labour market have deteriorated.
Germany’s GDP grew by 0.2 per cent in Q1 2025 from the previous quarter, after a 0.2 per cent decline in Q4 2024, according to Destatis. Compared with the first quarter of 2024, GDP fell by 0.4 per cent in price-adjusted terms and 0.2 per cent after price and calendar adjustments. Household consumption and capital formation rose quarter-on-quarter.
Germany's economy grew 0.3% in Q2 2026 while business confidence reached a one-year high. Discover what the latest economic data means for Germany and Europe.