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GDP Growth in Germany

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Germany's GDP growth amounted to 0.555 % in 2019 according to the the National Statistical Office. This is 0.715 % less than in the previous year (1.27 %).

Historically, GDP growth in Germany reached an all time high of 7.52 % in 1969 and an all time low of -5.70 % in 2009. When compared to Germany's main peers, GDP growth in Austria amounted to 1.60 %, 1.40 % in Belgium, 1.51 % in France and 4.15 % in Poland in 2019.

Germany has been ranked 146th within the group of 174 countries we follow in terms of GDP growth, 11 places above the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.

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