Germany’s economy expanded 0.3% in Q1 2026, matching preliminary estimates and slightly accelerating from a 0.2% rise in the previous period. It marked the fastest quarterly growth since Q1 2025, supported by stronger external demand, with exports sharply rebounding (3.3% vs -1.5% in Q4), while import growth stayed subdued (0.1% vs 1.0%). Meantime, government spending continued to grow (1.1% vs 1.5% in Q4) even as household consumption was flat after rising 0.6% previously, suggesting weak domestic demand. Gross fixed capital formation fell 1.5% after increasing 1.3% previously, dragged by lower construction investment (-2.5% vs 0.8%) and weaker equipment spending (-1.2% vs 2.5%), while growth in other facilities also slowed (0.6% vs 1.0%). Inventory changes weighed on the economy, subtracting 0.9 percentage points after contributing positively in Q4. On an annual basis, the GDP grew 0.4% in Q1, unchanged from the prior quarter. source: Federal Statistical Office

The Gross Domestic Product (GDP) in Germany expanded 0.30 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Germany averaged 0.46 percent from 1970 until 2026, 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 June of 2026.

The Gross Domestic Product (GDP) in Germany expanded 0.30 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Germany is expected to be -0.20 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 2027 and 0.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 08:00 AM
QoQ Flash
Q1 0.3% 0.2% 0.2% 0.1%
2026-05-22 06:00 AM
QoQ Final
Q1 0.3% 0.2% 0.3% 0.3%
2026-07-30 08:00 AM
QoQ Flash
Q2 0.3% -0.2%


Related Last Previous Unit Reference
Full Year GDP Growth 0.20 -0.50 percent Dec 2025
GDP Growth Rate YoY 0.40 0.40 percent Mar 2026
GDP Constant Prices 907.88 904.78 EUR Billion Mar 2026
GDP from Agriculture 6.84 6.91 EUR Billion Mar 2026
GDP from Construction 28.99 29.16 EUR Billion Mar 2026
GDP from Manufacturing 167.62 166.51 EUR Billion Mar 2026
GDP from Public Administration 172.39 172.46 EUR Billion Mar 2026
GDP from Services 137.80 137.62 EUR Billion Mar 2026
GDP Growth Rate 0.30 0.20 percent Mar 2026
Gross Fixed Capital Formation 174.65 177.05 EUR Billion Mar 2026
Gross National Product 1179.50 1171.51 EUR Billion Mar 2026


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 0.20 8.70 -8.90 1970 - 2026 percent Quarterly
SA

News Stream
Germany Q1 GDP Growth Confirmed at 0.3%
Germany’s economy expanded 0.3% in Q1 2026, matching preliminary estimates and slightly accelerating from a 0.2% rise in the previous period. It marked the fastest quarterly growth since Q1 2025, supported by stronger external demand, with exports sharply rebounding (3.3% vs -1.5% in Q4), while import growth stayed subdued (0.1% vs 1.0%). Meantime, government spending continued to grow (1.1% vs 1.5% in Q4) even as household consumption was flat after rising 0.6% previously, suggesting weak domestic demand. Gross fixed capital formation fell 1.5% after increasing 1.3% previously, dragged by lower construction investment (-2.5% vs 0.8%) and weaker equipment spending (-1.2% vs 2.5%), while growth in other facilities also slowed (0.6% vs 1.0%). Inventory changes weighed on the economy, subtracting 0.9 percentage points after contributing positively in Q4. On an annual basis, the GDP grew 0.4% in Q1, unchanged from the prior quarter.
2026-05-22
Germany GDP Beats Expectations
Germany’s gross domestic product rose 0.3% in the first quarter of 2026, above market expectations of a 0.2% growth and following a downwardly revised 0.2% increase at the end of 2025. Growth was supported by stronger private and government consumption, while exports also showed an uptick according to preliminary estimates. On an annual basis, the economy expanded 0.3% compared with the first quarter of 2025
2026-04-30
Germany’s Economy Gains Momentum in Q4
Germany’s economy expanded by 0.3% in the fourth quarter of 2025, confirming preliminary estimates and marking a clear rebound from the stagnation recorded in the previous quarter. The figure represents the fastest quarterly growth since the first quarter of 2025, supported by easing inflation and lower borrowing costs, which boosted domestic demand. Household consumption rose by 0.5%, compared with no growth in Q3, while government spending increased by 1.1%, up from 0.6% previously. Construction investment also rebounded sharply, climbing 1.6% after contracting 0.7% in the prior quarter. However, inventory changes shaved 0.3 percentage points off GDP, and net external demand reduced growth by 0.1 percentage points, weighed down in part by US tariffs. On an annual basis, the economy grew 0.4% in Q4, accelerating from 0.3% in Q3. For the full year 2025, GDP edged up 0.2%, marking a modest recovery after a 0.5% contraction in 2024.
2026-02-25