Sign up for free newsletters and get more CNBC delivered to your inbox. -tenths of one percent less than in the previous quarter, when changed -2%. German exports continued to increase on an annual average in 2018 (up 3.5 percent on the previous year), though at a slower pace than in the previous years. Source: Federal Statistics Office and FocusEconomics calculations. The data body also said positive contributions to growth came mainly from domestic demand in 2018.
To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2008 when the GDP per capita in Germany was €31,530$46,368. Germany's economy witnessed lackluster growth in 2018, according to flash data released Tuesday, in line with expectations.

Germany GDP (Gross Domestic Product) was INT$3,735.39billion for 2019 in PPP terms. An official estimate of fourth-quarter growth will only be available in February but the statistics office said it was likely that the economy had grown slightly in the period, meaning that a technical recession could have been avoided.

The German economy thus has grown for the tenth year in a row. Carsten Brzeski, chief economist at ING Germany, said the country had escaped lightly. Gross Domestic Product of Germany fell 10.1 in the second quarter of 2020 compared to the previous quarter. In the previous two years, the price-adjusted GDP grew much more strongly (by 2.5% in 2017 and by 1.5% in 2018). Finances; Climate; GDP (current US$) Details.

| Germany GDP | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Germany: Harmonized prices post largest fall since January 2015 in September, Germany: Merchandise exports rise at a slower rate in August, Germany: Industrial output falls in August, Germany: Business confidence picks up in September, but remains pessimistic, Germany: Consumer confidence expected to be largely unchanged in October, Economic Growth (GDP, annual variation in %). "Both household final consumption expenditure (+1.0 percent) and government final consumption expenditure (+1.1 percent) were up on the previous year. The GDP figure in 2018 was $3,951,340 million, leaving Germany placed 4th in the ranking of GDP of the 196 countries that we publish. Growth took a hit then due to a decline in exports and what Destatis said were "mixed signals" in terms of domestic demand. Germany gdp growth rate for 2016 was 2.23%, a 0.49% increase from 2015. Germany gdp growth rate for 2018 was 1.53%, a 0.94% decline from 2017. Find Germany's economic freedom report in the Index of Economic Freedom. A Division of NBCUniversal.

Compared with the average of the last ten year GDP per capita in Germany averaged 33963.83 USD from 1970 until 2019, reaching an all time high of 47628 USD in 2019 and a record low of 19679.50 USD in 1970. You can see GDP in other countries in GDP and see all the economic information about Germany in Germany's economy. Germany's Economic Growth Statistics .

The 2019 full-year gross domestic product (GDP) figure shows a slowdown from the 1.5% growth recorded in 2018 and the 2.2% expansion seen in Germany's economy in 2017. If we order the countries according to their GDP per capita, Germany is well positioned in terms of the standard of living of its population, coming 19th out of Here we show you the progression of the GDP in Germany. Consumer confidence is expected to inch up from minus 1.7 in September to minus 1.6 in October.

Details. The GDP figure in 2018 was €3,344,370$3,951,340 million, leaving Germany placed 4th in the ranking of GDP of the 196 countries that we publish. Germany has a quarterly GDP per capita, of €9,368$9,368, less than the same period last year, when it was €10,344 $10,344 .

Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Allemagne - PIB. ", "In the previous two years, the price adjusted GDP had increased by 2.2 percent each.

The figures point to …

In 2017, Germany's GDP growth rate was 2.4% better than it had been in the previous year.

While cars played a factor in the slowing growth picture, Brzeski said Sino-U.S. trade tensions and Brexit had also weighed on the economy. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. The figures point to the weakest rate of growth in five years. Google+, Facebook Click on the button below to get started. Get a sample report showing our regional, country and commodities data and analysis.

German gross domestic product (GDP) grew 1.5 percent in 2018, compared with 2.2 percent in 2017, the latest data from the Federal Statistics Office (Destatis) showed. Germany GDP Chart.

Download. 5 years of economic forecasts for more than 30 economic indicators. "It currently looks as if the German economy could get away with one black eye but these days, economic strength in Germany doesn't come effortlessly," he said in a note Tuesday. Germany; Economic forecast for Germany; Economic forecast for Germany . The country's economy ministry said reasons for slower growth in 2018 included a globally weaker economy, sales problems in the car industry as a result of tougher pollution standards, and special effects including an outbreak of flu and strikes, were also to blame for slower growth, Reuters reported. The table below shows the change of price-adjusted GDP for Germany, typically referred to as Germany’s economic growth rate. This rate is 81 -tenths of one percent less than in the previous quarter, when changed -2%. LinkedIn Germany’s GDP per capita stood at almost 48,000 U.S. dollars in 2018, and it is forecast to exceed 50,000 U.S. dollars by 2021. School enrollment, primary (% gross) Details. Client Log In, Facebook German gross domestic product (GDP) is the most important measure to evaluate the performance of Germany’s economy (Economic Growth, GDP). Download Historical Data Save as Image. Kirsztian Bocsi/Bloomberg via Getty Images, the economy shrank in the third quarter, by 0.2 percent. The absolute value of GDP in Germany rose $286,829 million … The Gross Domestic Product per capita in Germany was last recorded at 47628 US dollars in 2019.

Data Source: World Bank - … There had been indications that the economy had slowed in the second half of 2018.

5 years of economic forecasts for more than 30 economic indicators.

Destatis noted that the German economy had grown for the ninth year in a row, "although growth has lost momentum. Evolution: GDP growth rate at constant prices Germany, less than the same period last year, when it was, Subscribe to our free email alert service, Industrial Production goes down -9.9% in August of 2020 in Uruguay, CPI falls in September of 2020 in Bulgaria, Industrial Production goes up in August of 2020 in Romania, Armenia: CPI goes up in September of 2020, In August of 2020, Industrial Production went up in United Kingdom, In August of 2020, Industrial Production fell in Malta, September of 2020 CPI went up in Dominican Republic, Industrial Production goes up in August of 2020 in France, Industrial Production goes down in August of 2020 in Greece.
Note: Annual variation of gross domestic product (GDP) in %. Germany GDP - values, historical … Poverty headcount ratio at national poverty lines (% of population) Details. Data released last week also showed that German industrial production declined 1.9 percent month-on-month in November, coming in way below a consensus for growth of 0.3 percent.


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