Germany GDP Annual Growth Rate  1971-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Germany expanded 2.80 percent in the third quarter of 2017 over the same quarter of the previous year, following an upwardly revised 2.3 percent growth in the previous period. It was the strongest pace of expansion since the first quarter of 2014. Meantime, unadjusted data showed the economy advanced 2.3 percent on the year, much faster than a 1.0 percent expansion in the previous period. GDP Annual Growth Rate in Germany averaged 2.02 percent from 1971 until 2017, reaching an all time high of 7.20 percent in the first quarter of 1973 and a record low of -6.80 percent in the first quarter of 2009.

Germany GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-15 06:00 AM GDP Growth Rate YoY Flash 2.1% 2% 1.9% 2.1%
2017-08-25 06:00 AM GDP Growth Rate YoY Final 2.1% 2% 2.1% 2.1%
2017-11-14 07:00 AM GDP Growth Rate YoY Flash 2.8% 2.3% 2.2%
2017-11-23 07:00 AM GDP Growth Rate YoY Final 2.1% 2.8% 2.8%


Germany GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.60 4.00 -4.50 percent [+]
GDP Annual Growth Rate 2.80 2.30 7.20 -6.80 percent [+]
GDP 3466.76 3363.60 3879.28 215.02 USD Billion [+]
GDP Constant Prices 733.83 726.42 733.83 507.76 EUR Billion [+]
Gross National Product 823.14 818.74 823.14 389.93 EUR Billion [+]
Gross Fixed Capital Formation 147.79 146.32 147.79 107.52 EUR Billion [+]
GDP per capita 45551.51 45253.60 45551.51 19624.75 USD [+]
GDP per capita PPP 44072.39 43784.15 44072.39 31287.07 USD [+]
GDP From Agriculture 5.46 4.95 6.59 3.20 EUR Billion [+]
GDP From Construction 36.77 28.79 38.35 14.47 EUR Billion [+]
GDP From Manufacturing 168.54 161.69 168.54 90.56 EUR Billion [+]
GDP From Public Administration 128.61 133.31 135.28 50.63 EUR Billion [+]
GDP From Services 119.30 106.81 119.30 53.73 EUR Billion [+]


Germany GDP Annual Growth Rate

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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.30 7.20 -6.80 1971 - 2017 percent Quarterly
WDA




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
Canada 3.70 Jun/17
South Korea 3.60 Sep/17
Spain 3.10 Sep/17
Netherlands 3.00 Sep/17
Germany 2.80 Sep/17
Euro Area 2.50 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Australia 1.80 Jun/17
Italy 1.80 Sep/17
Russia 1.80 Sep/17
Japan 1.70 Sep/17
Mexico 1.60 Sep/17
United Kingdom 1.50 Sep/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17