The German economy expanded by 0.2% qoq in Q3 2026, slowing from growth of 0.3% in Q2 but exceeding expectations of a 0.1% increase, according to preliminary estimates. Household and government consumption edged up, while capital formation declined. Also, low water levels on the Rhine weighed on industrial activity, while persistently high energy prices continued to constrain the sector. Meanwhile, the strong export momentum seen in the first half of the year lost considerable steam in Q3. On a year-on-year basis however, GDP grew by 1.2%, marking the strongest annual growth rate in four years. This compares with growth of 1% in Q2 and exceeds forecasts of 1.1%. The German government has raised its forecast for economic growth to 1.3% in 2026 and 1.1% in 2027, from 0.5% and 0.9% respectively. “Fiscal stimulus from the special funds and defence spending is expected to have a noticeable impact on public investment and government consumption by 2028", the government said. source: Federal Statistical Office

The Gross Domestic Product (GDP) in Germany expanded 0.20 percent in the third quarter of 2026 over the previous quarter. GDP Growth Rate in Germany averaged 0.46 percent from 1970 until 2026, reaching an all time high of 8.80 percent in the third quarter of 2020 and a record low of -8.90 percent in the second quarter of 2020. This page provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

The Gross Domestic Product (GDP) in Germany expanded 0.20 percent in the third quarter of 2026 over the previous quarter. GDP Growth Rate in Germany is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-25 06:00 AM
QoQ Final
Q2 0.3% 0.4% 0.2% 0.2%
2026-10-30 09:00 AM
QoQ Flash
Q3 0.2% 0.3% 0.1% 0.0%
2026-11-25 07:00 AM
QoQ Final
Q3 0.3% 0.2% 0.2%


Related Last Previous Unit Reference
Full Year GDP Growth 0.20 -0.50 percent Dec 2025
GDP Growth Rate YoY 1.20 1.00 percent Sep 2026
GDP Constant Prices 1171.82 1159.77 EUR Billion Jun 2026
GDP from Agriculture 6.57 6.54 EUR Billion Jun 2026
GDP from Construction 29.86 29.84 EUR Billion Jun 2026
GDP from Manufacturing 167.58 169.17 EUR Billion Jun 2026
GDP from Public Administration 172.95 174.02 EUR Billion Jun 2026
GDP from Services 133.82 134.27 EUR Billion Jun 2026
GDP Growth Rate 0.20 0.30 percent Sep 2026
Gross Fixed Capital Formation 176.75 177.10 EUR Billion Jun 2026
Gross National Product 1213.48 1198.22 EUR Billion Jun 2026


Germany GDP Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 8.80 -8.90 1970 - 2026 percent Quarterly
SA

News Stream
German GDP Growth Above Forecasts in Q3
The German economy expanded by 0.2% qoq in Q3 2026, slowing from growth of 0.3% in Q2 but exceeding expectations of a 0.1% increase, according to preliminary estimates. Household and government consumption edged up, while capital formation declined. Also, low water levels on the Rhine weighed on industrial activity, while persistently high energy prices continued to constrain the sector. Meanwhile, the strong export momentum seen in the first half of the year lost considerable steam in Q3. On a year-on-year basis however, GDP grew by 1.2%, marking the strongest annual growth rate in four years. This compares with growth of 1% in Q2 and exceeds forecasts of 1.1%. The German government has raised its forecast for economic growth to 1.3% in 2026 and 1.1% in 2027, from 0.5% and 0.9% respectively. “Fiscal stimulus from the special funds and defence spending is expected to have a noticeable impact on public investment and government consumption by 2028", the government said.
2026-10-30
Germany Q2 GDP Growth Revised Up
Germany’s economy expanded 0.3% in Q2 2026, revised up from 0.2% in the preliminary estimate but easing from 0.4% growth in the previous period. Ruth Brand, president of the Federal Statistical Office, said the economy maintained its growth momentum from early 2026, with exports remaining the main driver of expansion. Exports rose 2.0% (vs 2.4% in Q1), outpacing the 1.5% increase in imports (vs 0.5%). Meanwhile, domestic demand showed a modest rebound, rising 0.1% after a 0.3% contraction in Q1, with household and government consumption each increasing just 0.1% after household spending fell 0.6% and government consumption rose 0.9% previously. Gross fixed capital formation declined 0.2%, narrowing from a 1.3% drop in Q1, dragged by a continued decline in machinery and equipment investment (-1.4% vs -1.7%), while construction investment edged up 0.1% after falling 1.8%. On an annual basis, GDP grew 1.0% in Q2, accelerating from a 0.7% expansion in Q1.
2026-08-25
German Economy Beats Expectations in Q2
Germany's economy expanded by 0.2% in the second quarter of 2026, easing from an upwardly revised 0.4% growth in the previous quarter but surpassing market expectations of a 0.1% increase, according to preliminary estimates. Exports strengthened from the previous quarter, while household consumption remained subdued and capital investment declined. On an annual basis, the economy grew 0.9%, accelerating from an upwardly revised 0.7% expansion in the first quarter and also beating the 0.6% market forecast.
2026-07-30