The German economy expanded 2.9% in 2021, slightly above initial estimates of 2.8% and following a 4.6% fall in 2020 when the coronavirus pandemic hit the economies hard. source: Federal Statistical Office
Full Year GDP Growth in Germany averaged 1.23 percent from 1992 until 2021, reaching an all time high of 4.20 percent in 2010 and a record low of -5.70 percent in 2009. This page includes a chart with historical data for Germany Full Year GDP Growth. Germany Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Full Year GDP Growth in Germany is expected to reach 3.60 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Full Year GDP Growth is projected to trend around 2.30 percent in 2023 and 2.70 percent in 2024, according to our econometric models.