Germany GDP Growth Rate

Last Release

Sep 30, 2025

Actual

Units In

-0.3

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

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

Germany’s economy recorded no growth qoq in Q3 2025, in line with the preliminary estimate and following a 0.2% contraction in Q2. Modest improvements in gross fixed capital formation (0.3% vs -1.1% in Q2), mainly driven by equipment and other facilities, alongside stronger government spending (0.8% vs 0.2%) and a positive contribution from inventories, helped offset weaknesses elsewhere. Private consumption fell (-0.3% vs 0.1%), while net trade subtracted 0.3 ppts as exports shrank (-0.7% vs 0.3%) amid U.S. tariffs and imports stalled (vs -0.2%). By sector, declines in manufacturing and construction were balanced by gains in trade, transport, hospitality, information and communication, and financial and insurance services. On an annual basis, GDP grew 0.3%, unchanged from the previous two quarters. Looking ahead, GDP growth is projected at 1.3% for 2026 and 1.4% for 2027, supported by higher public spending, likely helped by special infrastructure funds and increased defense outlays.