Gross Domestic Product — Value Standard Local Currency, annual growth in Germany
Germany: Gross Domestic Product — Value Standard Local Currency, annual growth was 2.86 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Germany, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Germany recorded 2.86 % change on previous year for gross domestic product — value standard local currency, annual growth in 2024.
The figure is down 51.2% on the previous year and down 30.4% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Germany peaked at 11.38 % change on previous year in 1973 and was at its lowest, -3.66 % change on previous year, in 2009.
Germany ranks 193rd of 218 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Germany, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.99 % change on previous year | — |
| 1972 | 9.03 % change on previous year | -17.9% |
| 1973 | 11.38 % change on previous year | +26.0% |
| 1974 | 8.23 % change on previous year | -27.7% |
| 1975 | 4.75 % change on previous year | -42.3% |
| 1976 | 8.42 % change on previous year | +77.2% |
| 1977 | 6.55 % change on previous year | -22.2% |
| 1978 | 6.66 % change on previous year | +1.7% |
| 1979 | 8.61 % change on previous year | +29.2% |
| 1980 | 6.94 % change on previous year | -19.4% |
| 1981 | 4.73 % change on previous year | -31.9% |
| 1982 | 4.17 % change on previous year | -11.8% |
| 1983 | 4.42 % change on previous year | +6.1% |
| 1984 | 4.87 % change on previous year | +10.0% |
| 1985 | 4.5 % change on previous year | -7.5% |
| 1986 | 5.36 % change on previous year | +19.0% |
| 1987 | 2.7 % change on previous year | -49.6% |
| 1988 | 5.46 % change on previous year | +102.3% |
| 1989 | 6.89 % change on previous year | +26.1% |
| 1990 | 8.83 % change on previous year | +28.2% |
| 1991 | 8.35 % change on previous year | -5.4% |
| 1992 | 7.43 % change on previous year | -11.0% |
| 1993 | 2.78 % change on previous year | -62.7% |
| 1994 | 4.59 % change on previous year | +65.4% |
| 1995 | 3.37 % change on previous year | -26.6% |
| 1996 | 1.51 % change on previous year | -55.3% |
| 1997 | 2 % change on previous year | +32.9% |
| 1998 | 2.8 % change on previous year | +39.9% |
| 1999 | 2.72 % change on previous year | -3.1% |
| 2000 | 2.52 % change on previous year | -7.1% |
| 2001 | 3.09 % change on previous year | +22.6% |
| 2002 | 1.27 % change on previous year | -59.0% |
| 2003 | 0.7848 % change on previous year | -38.1% |
| 2004 | 2.33 % change on previous year | +197.0% |
| 2005 | 1.42 % change on previous year | -38.9% |
| 2006 | 4.32 % change on previous year | +203.2% |
| 2007 | 4.78 % change on previous year | +10.7% |
| 2008 | 1.87 % change on previous year | -61.0% |
| 2009 | -3.66 % change on previous year | -296.1% |
| 2010 | 4.86 % change on previous year | -232.7% |
| 2011 | 5.04 % change on previous year | +3.7% |
| 2012 | 1.91 % change on previous year | -62.0% |
| 2013 | 2.39 % change on previous year | +24.9% |
| 2014 | 4.11 % change on previous year | +72.1% |
| 2015 | 3.37 % change on previous year | -18.1% |
| 2016 | 3.58 % change on previous year | +6.4% |
| 2017 | 4.22 % change on previous year | +18.0% |
| 2018 | 3 % change on previous year | -28.9% |
| 2019 | 3.02 % change on previous year | +0.7% |
| 2020 | -2.41 % change on previous year | -179.8% |
| 2021 | 6.58 % change on previous year | -372.6% |
| 2022 | 7.55 % change on previous year | +14.7% |
| 2023 | 5.86 % change on previous year | -22.3% |
| 2024 | 2.86 % change on previous year | -51.2% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Germany changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +372.6% | -2.41 % change on previous year | 6.58 % change on previous year |
| 2009 | -296.1% | 1.87 % change on previous year | -3.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.29 % change on previous year | 4.75 % change on previous year | 11.38 % change on previous year | 9 |
| 1980s | 5 % change on previous year | 2.7 % change on previous year | 6.94 % change on previous year | 10 |
| 1990s | 4.44 % change on previous year | 1.51 % change on previous year | 8.83 % change on previous year | 10 |
| 2000s | 1.87 % change on previous year | -3.66 % change on previous year | 4.78 % change on previous year | 10 |
| 2010s | 3.55 % change on previous year | 1.91 % change on previous year | 5.04 % change on previous year | 10 |
| 2020s | 4.09 % change on previous year | -2.41 % change on previous year | 7.55 % change on previous year | 5 |
Countries ranked near Germany
- 190 San Marino 2.97 % change on previous year compare
- 191 Japan 2.96 % change on previous year compare
- 192 Ecuador 2.91 % change on previous year compare
- 194 Italy 2.85 % change on previous year compare
- 195 Czechoslovakia 2.76 % change on previous year compare
- 196 Curacao 2.76 % change on previous year compare
More economy & growth data for Germany
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7761 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.6565 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.13 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0214 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,295 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 95.19 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 51.97 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0188 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,140 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 51.4 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Germany?
- Gross domestic product — value standard local currency, annual growth in Germany was 2.86 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Germany?
- The highest recorded value was 11.38 % change on previous year in 1973.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Germany?
- The lowest recorded value was -3.66 % change on previous year in 2009.
- How does Germany rank for gross domestic product — value standard local currency, annual growth?
- Germany ranks 193rd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Germany?
- Over the last ten years it is down 30.4%. The long-run trend across the full record is volatile.
- Where does this Germany data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.