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Germany GDP Annual Growth Rate

Germany's GDP annual growth rate rose to -0.24% in 2024, up from -0.27% in 2023, according to World Bank. This represents an increase of 0.03% from the previous year. Germany has GDP annual growth rate lower than the global median (-0.24% vs median 3.24%). Compared with the median in Europe, Germany is lower (-0.24% vs regional median 2.10%) and ranks 43rd out of 47 countries in Europe.

Germany's real GDP fell to $3.68 trillion in 2024, down from $3.69 trillion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 -0.24%
2023 -0.27%
2022 1.37%
2021 3.67%
2020 -4.1%
2019 0.99%
2018 1.12%
2017 2.72%
2016 2.29%
2015 1.65%
2014 2.17%
2013 0.39%
2012 0.47%
2011 3.76%
2010 4.15%
2009 -5.55%
2008 0.91%
2007 2.89%
2006 3.86%
2005 0.89%
2004 1.16%
2003 -0.53%
2002 -0.23%
2001 1.64%
2000 2.88%
1999 2.13%
1998 2.1%
1997 1.85%
1996 1.04%
1995 1.51%
1994 2.6%
1993 -0.97%
1992 2.01%
1991 5.11%
1990 5.26%
1989 3.9%
1988 3.71%
1987 1.4%
1986 2.29%
1985 2.33%
1984 2.82%
1983 1.57%
1982 -0.39%
1981 0.53%
1980 1.41%
1979 4.15%
1978 3.01%
1977 3.35%
1976 4.95%
1975 -0.87%
1974 0.89%
1973 4.78%
1972 4.3%
1971 3.13%
1970 5.1%
1969 7.42%
1968 5.67%
1967 -0.33%
1966 2.81%
1965 5.24%
1964 6.64%
1963 2.74%
1962 4.62%
1961 4.3%
Germany GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Germany's total economic output.
Indicator Last Value Prior Value Period
GDP $4.66T $4.53T 2024
GDP Growth Rate (QoQ) -0.3% 0.3% Jun'25
GDP Growth Rate (YoY) 0.2% 0.3% Jun'25
GDP per Capita $44,108.7 $44,008.13 2024
GDP per Capita PPP $62,829.8 $62,686.54 2024
R&D Expenditure (% GDP) 3.13% 3.13% 2022
Real GDP $3.68T $3.69T 2024