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Germany GDP Growth Rate

Last Release
Mar 2020
Actual
-2.2 %
Forecast
-10.6 %
Previous
-0.1 %
Frequency
Quarterly
Units In
%
Next Release
Aug 25, 2020
Time to Release
1 Months 10 Days 7 Hours
Highest
Lowest
Average
Date Range
Source
4 %
Jun 1970
-4.7 %
Mar 2009
0.49 %1970 - 2020Federal 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 GDP growth was confirmed at a seasonally-adjusted 0.1 percent in the third quarter of 2019, compared to a 0.2 percent contraction in the previous three-month period.

Germany GDP Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Nov 22, 201912:00German Q3 GDP Rebound Confirmed
Nov 14, 201910:36German Economy Avoids Recession in Q3
Aug 27, 201910:03German GDP Contraction Confirmed in Q2
Aug 14, 201907:43German Economy Contracts in Q2
May 23, 201911:15German Q1 GDP Rebound Confirmed
May 15, 201909:44German Economy Returns to Growth in Q1
DATETIMEEVENTActual
May 25, 202006:00GDP Growth Rate QoQ Final-2.2 %
May 15, 202008:00GDP Growth Rate QoQ Flash-2.2 %
Feb 25, 202007:00GDP Growth Rate QoQ Final0
Feb 14, 202007:00GDP Growth Rate QoQ Flash0
Nov 14, 201907:00GDP Growth Rate QoQ Flash0.1 %
Aug 27, 201906:00GDP Growth Rate QoQ Final-0.1 %
Aug 14, 201906:00GDP Growth Rate QoQ Flash-0.1 %

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Germany gdp Indicators

All Germany indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
3,845.63
Dec 2019
3,949.55
Dec 2018
215.02
Dec 1970
3,949.55
Dec 2018
USD BillionYearly1970 - 2019
GDP Annual Growth Rate
-2.3
Mar 2020
0.4
Dec 2019
-6.9
Mar 2009
7.2
Mar 1973
%Quarterly1971 - 2020
GDP Constant Prices
793.41
Mar 2020
811.43
Dec 2019
552.61
Sep 1991
812.12
Mar 2019
EUR BillionQuarterly1991 - 2020
GDP From Agriculture
6.74
Mar 2020
6.62
Dec 2019
3.62
Dec 2008
7.43
Jun 2014
EUR BillionQuarterly1991 - 2020
GDP From Construction
38.78
Mar 2020
49.01
Dec 2019
14.52
Mar 2006
49.01
Dec 2019
EUR BillionQuarterly1991 - 2020
GDP From Manufacturing
159.68
Mar 2020
166.68
Dec 2019
90
Mar 1993
174.5
Jun 2018
EUR BillionQuarterly1991 - 2020

GDP Growth Rate across Europe

GDP Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
-0.3
Mar 2020
-0.2
Dec 2019
-2
Mar 2005
6
Jun 2005
%Quarterly2005 - 2020
Austria
-2.6
Mar 2020
0.3
Dec 2019
-2.6
Mar 2020
1
Mar 2007
%Quarterly1996 - 2020
Belgium
-3.6
Mar 2020
0.5
Dec 2019
-3.6
Mar 2020
15.8
Mar 1995
%Quarterly1980 - 2020
Bosnia and Herzegovina
0.3
Mar 2020
-0.1
Dec 2019
-3.8
Dec 2009
6
Dec 2010
%Quarterly2009 - 2020
Czech Republic
-3.3
Mar 2020
0.5
Dec 2019
-3.5
Mar 2009
2.4
Jun 2017
%Quarterly1995 - 2020
Denmark
-2
Mar 2020
0.4
Dec 2019
-2.4
Dec 2008
3
Jun 2006
%Quarterly1991 - 2020

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