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Germany GDP growthGG

Germany GDP growth

−0.2%R
+0.1
As of Jan 15, 2025
%
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DEFYGDPG chart



Key data points


Last release
Jan 15, 2025
Observation period
2024
Next release
—
Forecast
—
Highest
4.20 % on Dec 31, 2010
Lowest
−5.70 % on Dec 31, 2009

About Germany GDP growth


Category
GDP
Source
Federal Statistical Office
Frequency
Annual
Units
%
The German economy - the fifth largest economy in the world and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Composition of the GDP on the expenditure side: household consumption (55 percent), gross capital formation (20 percent, of which 10 percent in construction, 6 percent in machinery and equipment and 4 percent in other products) and government expenditure (19 percent). Exports of goods and services account for 46 percent of GDP while imports account for 39 percent, adding 7 percent to total GDP.

Germany in figures — see more economic indicators tied to DEFYGDPG.
Full Year GDP Growth
R
DEFYGDPG
−0.2%
GDP
R
DEGDP
4.66 TUSD
GDP From Agriculture
R
DEGDPA
7.16 BEUR
GDP From Construction
R
DEGDPC
31.77 BEUR
Real GDP
R
DEGDPCP
904.47 BEUR
GDP From Manufacturing
R
DEGDPMAN
171.98 BEUR
GDP From Public Administration
R
DEGDPPA
173.55 BEUR
GDP Per Capita
R
DEGDPPC
44.11 KUSD
GDP Per Capita PPP
R
DEGDPPCP
62.83 KUSD
GDP Growth Rate
R
DEGDPQQ
0.4%
GDP From Services
R
DEGDPS
132.88 BEUR
GDP Growth
R
DEGDPYY
0%
Gross Fixed Capital Formation
R
DEGFCF
179.27 BEUR
Gross National Product
R
DEGNP
1.14 TEUR

Germany GDP growth reports history



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