Germany GDP Growth Rate

Last Release

Jun 30, 2025

Actual

-0.3

Units In

0.4

Frequency

Quarterly

Next Release

Nov 25, 2025

Time to Release

25 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
9 Sep 2020	-10 Jun 2020	0.45 %	1970-2025	Federal Statistical Office

Germany is the fifth largest economy in the world and the largest within the Euro Area. Germany is the second largest exporter in the world and exports account for more than one-third of national output. As such, the export of high added value products has been the main driver of growth in recent years. 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 for 39 percent, adding 7 percent to total GDP.

Latest Updates

The German economy stagnated in Q3 2025, following an upwardly revised 0.2% contraction in Q2, according to preliminary estimates. The figure was in line with market forecasts. Growth in gross fixed capital formation in machinery and equipment provided some support, but this was offset by a decline in exports. On an annual basis, GDP expanded 0.3%, unchanged from the upwardly revised 0.3% growth recorded in the second quarter and also matching expectations. At the start of October 2025, the German government revised its GDP growth forecast upwards, now expecting the economy to expand by 0.2% in 2025, compared with a previous projection of zero growth made in April. For 2026, GDP is expected to rise by 1.3%, followed by 1.4% growth in 2027. Officials noted that a substantial part of the expansion in the coming years will be driven by higher public spending, particularly through special funds for infrastructure investment and increased defense expenditure.