Germany GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Germany expanded 2.50 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Germany averaged 1.30 Percent from 1992 until 2014, reaching an all time high of 5.20 Percent in the first quarter of 2011 and a record low of -6.80 Percent in the second quarter of 2009. GDP Annual Growth Rate in Germany is reported by the Federal Statistical Office.
||1992 - 2014
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 provides - Germany GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.