Germany Poverty Rate
Germany's poverty rate was 0.2% in 2020, unchanged from 2019, according to World Bank. Germany has poverty rate lower than the global median (0.20% vs median 1.90%). Compared with the median in Europe, Germany is lower (0.20% vs regional median 0.30%) and ranks 25th out of 41 countries in Europe.
Germany's annual unemployment rate rose to 3.41% in 2024, up from 3.07% in 2023.
Yearly Historical Data (1991-2020)
(in %)Germany Poverty Rate : Definition
Poverty Rate measures the percentage of people in Germany living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).