Germany GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Germany expanded 0.10 percent in the fourth quarter of 2012 over the same quarter of the previous year. GDP Annual Growth Rate in Germany is reported by the German Federal Statistical Office. Historically, from 1992 until 2012, Germany GDP Annual Growth Rate averaged 1.32 Percent reaching an all time high of 4.70 Percent in March of 2011 and a record low of -6.80 Percent in June of 2009. Germany is the fourth largest economy in the world. Services are the biggest sector of the economy and account for 68 percent of total GDP. Within services, the most important segments are: public services, education and health (18 percent); trade, transport, accommodation and food services (16 percent); real estate (11 percent) and business services (10 percent). Since German economy is export driven, manufacturing accounts for 25 percent of total GDP and is crucial for the growth. The rest of the industry constitutes 5 percent of GDP and agriculture makes the remaining 1 percent. This page includes a chart with historical data for Germany GDP Annual Growth Rate.