Germany’s economy contracted 0.3% qoq in Q2 2025, sharper than the preliminary estimate of a 0.1% drop and reversing the 0.3% growth seen in the previous period. It was the steepest quarterly decline since Q2 2024, driven by a fall in fixed capital formation (-1.4% vs 0.3% in Q1), reflecting weaker investment in both construction and equipment, primarily machinery, equipment, and vehicles. Net trade dragged on growth as exports slipped (-0.1% vs 2.5%), weighed by rising U.S. tariffs, while imports continued to rise (1.6% vs 1.6%). At the same time, private consumption slowed sharply (0.1% vs 0.6%) even as government spending rebounded (0.8% vs -0.3%), and inventory changes made a positive contribution. By sector, output shrank in manufacturing, construction, trade, transport, hospitality, and financial and insurance services. On a yearly basis, the economy grew 0.2%, slightly below the 0.3% expansion in Q1, though marking a second consecutive quarter of annual growth. source: Federal Statistical Office

The Gross Domestic Product (GDP) in Germany contracted 0.30 percent in the second quarter of 2025 over the previous quarter. GDP Growth Rate in Germany averaged 0.46 percent from 1970 until 2025, reaching an all time high of 8.70 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 September of 2025.

The Gross Domestic Product (GDP) in Germany contracted 0.30 percent in the second quarter of 2025 over the previous quarter. GDP Growth Rate in Germany is expected to be 0.00 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 2026 and 0.40 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-30 08:00 AM
QoQ Flash
Q2 -0.1% 0.3% -0.1% 0.1%
2025-08-22 06:00 AM
QoQ Final
Q2 -0.3% 0.3% -0.1% -0.1%
2025-10-30 09:00 AM
QoQ Flash
Q3 -0.3% 0.0%


Related Last Previous Unit Reference
Full Year GDP Growth -0.20 -0.30 percent Dec 2024
GDP Growth Rate YoY 0.20 0.30 percent Jun 2025
GDP Constant Prices 901.67 904.18 EUR Billion Jun 2025
GDP from Agriculture 6.66 6.66 EUR Billion Jun 2025
GDP from Construction 29.09 30.22 EUR Billion Jun 2025
GDP from Manufacturing 167.35 167.89 EUR Billion Jun 2025
GDP from Public Administration 169.94 169.68 EUR Billion Jun 2025
GDP from Services 136.65 137.41 EUR Billion Jun 2025
GDP Growth Rate -0.30 0.30 percent Jun 2025
Gross Fixed Capital Formation 173.50 175.95 EUR Billion Jun 2025
Gross National Product 1155.17 1145.15 EUR Billion Jun 2025

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
-0.30 0.30 8.70 -8.90 1970 - 2025 percent Quarterly
SA

News Stream
German Economy Shrinks More than Anticipated in Q2
Germany’s economy contracted 0.3% qoq in Q2 2025, sharper than the preliminary estimate of a 0.1% drop and reversing the 0.3% growth seen in the previous period. It was the steepest quarterly decline since Q2 2024, driven by a fall in fixed capital formation (-1.4% vs 0.3% in Q1), reflecting weaker investment in both construction and equipment, primarily machinery, equipment, and vehicles. Net trade dragged on growth as exports slipped (-0.1% vs 2.5%), weighed by rising U.S. tariffs, while imports continued to rise (1.6% vs 1.6%). At the same time, private consumption slowed sharply (0.1% vs 0.6%) even as government spending rebounded (0.8% vs -0.3%), and inventory changes made a positive contribution. By sector, output shrank in manufacturing, construction, trade, transport, hospitality, and financial and insurance services. On a yearly basis, the economy grew 0.2%, slightly below the 0.3% expansion in Q1, though marking a second consecutive quarter of annual growth.
2025-08-22
German Economy Contracts in Q2 as Investment Declines
Germany’s economy contracted by 0.1% quarter-on-quarter in the second quarter of 2025, following a downwardly revised 0.3% expansion in the previous quarter, according to a preliminary estimate. The figure was in line with market expectations and marks the first quarterly contraction since Q2 2024. The decline was primarily driven by reduced investment in both equipment and construction. However, private and government consumption continued to grow, partially offsetting the overall slowdown. On an annual basis, GDP rose 0.4%, up from 0.3% in the first quarter.
2025-07-30
German Q1 GDP Growth Higher Than Initially Thought
The German economy expanded by 0.4% quarter-on-quarter in the Q1 2025, revised upward from an initial estimate of a 0.2% rise, and rebounding from a 0.2% contraction in the previous period. This marks the sharpest economic expansion since Q3 2022, driven by accelerated growth in household consumption (0.5% vs 0.2% in Q4) and fixed investments (-0.3% vs 0.4%). Net trade also contributed positively to GDP, as exports advanced 3.2% (vs -3.1%), supported by stronger-than-expected growth in manufacturing output and exports from the initial March estimates. Meanwhile, imports rose at a softer rate of 1.1% (vs -0.7%). On the production side, most industries saw growth, with notable expansions in manufacturing (1% vs -0.3%), information and communications (1.7% vs -0.3%), and trade, transport, accommodation, and food services (1.1% vs 0.6%). On an annual basis, the economy stalled, compared to a 0.2% decline in Q4 and earlier estimates of a 0.2% fall.
2025-05-23