Annual GDP growth in Germany

Germany: Annual GDP growth was -0.3% in 2023. ◆ Volatile

Latest (2023)
-0.3%
Change on year
down 119.7%
World rank
185th
of 211 countries
All-time high
4.2%
in 2010
All-time low
-5.5%
in 2009
Years of data
24
2000–2023

Annual GDP growth in Germany, 2000–2023

-6-4-20242000201120232000: 2.9 %2001: 1.6 %2002: -0.23 %2003: -0.53 %2004: 1.2 %2005: 0.89 %2006: 3.9 %2007: 2.9 %2008: 0.91 %2009: -5.5 %2010: 4.2 %2011: 3.8 %2012: 0.47 %2013: 0.39 %2014: 2.2 %2015: 1.6 %2016: 2.3 %2017: 2.7 %2018: 1.1 %2019: 0.99 %2020: -4.1 %2021: 3.7 %2022: 1.4 %2023: -0.27 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

Germany recorded -0.3% for annual gdp growth in 2023.

That represents a change of down 119.7% on the previous year and down 169.2% over ten years.

Over the whole period, annual gdp growth in Germany peaked at 4.2% in 2010 and was at its lowest, -5.5%, in 2009.

That places Germany 185th out of 211 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.8% -5.5% 3.9% 10
2010s 2.0% 0.4% 4.2% 10
2020s 0.2% -4.1% 3.7% 4

Countries ranked near Germany

  1. 182 Pakistan -0.0% compare
  2. 183 Bermuda -0.1% compare
  3. 183 Czechia -0.1% compare
  4. 186 Sweden -0.3% compare
  5. 187 Peru -0.6% compare
  6. 188 Lebanon -0.6% compare

See the full ranking of 211 places →

More economy & growth data for Germany

All data for Germany →

Frequently asked questions

What is annual gdp growth in Germany?
Annual gdp growth in Germany was -0.3% in 2023, according to World Bank – processed by Our World in Data.
What is the highest annual gdp growth recorded in Germany?
The highest recorded value was 4.2% in 2010.
What is the lowest annual gdp growth recorded in Germany?
The lowest recorded value was -5.5% in 2009.
How does Germany rank for annual gdp growth?
Germany ranks 185th out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Germany?
Over the last ten years it is down 169.2%. The long-run trend across the full record is volatile.
Where does this Germany data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)