Germany GDP Annual Growth Rate  1992-2017 | Data | Chart | Calendar

The German economy advanced by 1.9 percent in 2016 after growing by 1.7 percent in 2015, beating market expectations of a 1.8 percent expansion, according to a preliminary estimate from the Federal Statistics Office. It was the strongest growth rate since 2011, as private consumption advanced 2 percent (+2 percent in 2015); government spending increased by 4.2 percent (+2.7 percent); and fixed investment grew by 2.5 percent (+1.7 percent), mainly boosted by a 3.1 percent rise in construction spending (+0.3 percent in 2015). Meanwhile, exports expanded by 2.5 percent (+5.2 percent in 2015) while imports rose at a faster 3.4 percent (+5.5 percent in 2015). GDP Annual Growth Rate in Germany averaged 1.37 percent from 1992 until 2016, reaching an all time high of 6 percent in the first quarter of 2011 and a record low of -7.90 percent in the second quarter of 2009.

Germany GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-15 07:00 AM Q3 1.5% 3.1% 1.8% 2.2%
2016-11-24 07:00 AM Q3 1.5% 3.1% 1.7% 1.5%
2017-01-12 09:00 AM 2016 1.9% 1.7% 1.8% 2%
2017-02-14 07:00 AM Q4 1.5% 1.9%
2017-02-23 07:00 AM Q4 1.5% 1.9%
2017-05-12 06:00 AM Q1 1.8%




Germany GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.40 2.10 -4.50 percent [+]
GDP Annual Growth Rate 1.50 3.10 6.00 -7.90 percent [+]
GDP 3363.45 3879.28 3879.28 215.02 USD Billion [+]
GDP Constant Prices 710.03 708.68 710.03 507.63 EUR Billion [+]
Gross National Product 798.82 803.16 803.16 389.80 EUR Billion [+]
Gross Fixed Capital Formation 140.39 140.47 142.57 107.52 EUR Billion [+]
GDP per capita 45408.31 44877.55 45408.31 19625.92 USD [+]
GDP per capita PPP 44187.86 43671.37 44187.86 31469.85 USD [+]
GDP From Agriculture 4.56 4.53 6.42 3.20 EUR Billion [+]
GDP From Construction 36.19 34.29 36.19 14.47 EUR Billion [+]
GDP From Manufacturing 160.92 164.19 164.19 90.56 EUR Billion [+]
GDP From Public Administration 128.52 125.87 130.77 50.63 EUR Billion [+]
GDP From Services 113.27 113.49 113.49 53.73 EUR Billion [+]



Germany GDP Annual Growth Rate Notes

The German economy - the fifth largest economy in the world and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. 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 account for 39 percent, adding 7 percent to total GDP. This page provides the latest reported value for - Germany GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 3.10 6.00 -7.90 1992 - 2016 percent Quarterly
NSA



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