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Germany

Economy overviewEurope

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GDP-0.5%
Inflation2.3%
Unemploy.3.4%
Debt62.2%
Invest.21.5%
Fiscal-2.7% GDP
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GDP Growth
-0.5%
2024 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$56k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$74k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
0%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$4,685.6bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
-0.5%
2023
-0.9%
2022
1.8%
2021
3.9%
2020
-4.1%
2019
1%
2018
1.1%
2017
2.8%
2016
2.2%
2015
1.7%
2014

Compare with peers

🇬🇧
United Kingdom
GDP: 1.1%
🇫🇷
France
GDP: 1.2%
🇮🇹
Italy
GDP: 0.7%
🇪🇸
Spain
GDP: 3.5%
🇹🇷
Türkiye
GDP: 3.3%
🇵🇱
Poland
GDP: 3%