Germany GDP Growth Rate

Last Release

Mar 31, 2025

Actual

0.4

Units In

-0.2

Frequency

Quarterly

Next Release

Aug 22, 2025

Time to Release

2 Months 28 Days 8 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 expanded by 0.4% quarter-on-quarter in the Q1 2025, revised upward from an initial estimate of a 0.2% rise, and rebounding from a 0.2% contraction in the previous period. This marks the sharpest economic expansion since Q3 2022, driven by accelerated growth in household consumption (0.5% vs 0.2% in Q4) and fixed investments (-0.3% vs 0.4%). Net trade also contributed positively to GDP, as exports advanced 3.2% (vs -3.1%), supported by stronger-than-expected growth in manufacturing output and exports from the initial March estimates. Meanwhile, imports rose at a softer rate of 1.1% (vs -0.7%). On the production side, most industries saw growth, with notable expansions in manufacturing (1% vs -0.3%), information and communications (1.7% vs -0.3%), and trade, transport, accommodation, and food services (1.1% vs 0.6%). On an annual basis, the economy stalled, compared to a 0.2% decline in Q4 and earlier estimates of a 0.2% fall.