HICP: RESTAURANTS AND HOTELS (Annual average rate) in Germany
Germany: HICP: RESTAURANTS AND HOTELS (Annual average rate) was 6.1 in 2024. ◆ Volatile
HICP - RESTAURANTS AND HOTELS in Germany, 1996–2024
Source: European Central Bank.
Analysis
Germany recorded 6.1 for hicp - restaurants and hotels in 2024.
The figure is down 26.5% on the previous year and up 190.5% over ten years.
Over the whole period, hicp - restaurants and hotels in Germany peaked at 8.3 in 2023 and was at its lowest, 0.7, in 2004.
That places Germany 10th out of 31 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP: RESTAURANTS AND HOTELS (Annual average rate) in Germany, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 1.1 | — |
| 1997 | 1 | -9.1% |
| 1998 | 1.4 | +40.0% |
| 1999 | 1.3 | -7.1% |
| 2000 | 1.4 | +7.7% |
| 2001 | 1.9 | +35.7% |
| 2002 | 3.6 | +89.5% |
| 2003 | 0.8 | -77.8% |
| 2004 | 0.7 | -12.5% |
| 2005 | 1.1 | +57.1% |
| 2006 | 1.3 | +18.2% |
| 2007 | 2.6 | +100.0% |
| 2008 | 1.8 | -30.8% |
| 2009 | 2.2 | +22.2% |
| 2010 | 1.1 | -50.0% |
| 2011 | 1.5 | +36.4% |
| 2012 | 1.8 | +20.0% |
| 2013 | 6.5 | +261.1% |
| 2014 | 2.1 | -67.7% |
| 2015 | 2.6 | +23.8% |
| 2016 | 1.9 | -26.9% |
| 2017 | 2 | +5.3% |
| 2018 | 2.2 | +10.0% |
| 2019 | 2.8 | +27.3% |
| 2020 | 2.1 | -25.0% |
| 2021 | 2.6 | +23.8% |
| 2022 | 7.4 | +184.6% |
| 2023 | 8.3 | +12.2% |
| 2024 | 6.1 | -26.5% |
Germany compared with similar countries
- Germany's 6.1 is above the median for Europe & Central Asia, which is 5.1, 1.2× the median. (29 countries reporting)
- Germany's 6.1 is above the median for high income countries, which is 5, 1.2× the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP: RESTAURANTS AND HOTELS (Annual average rate) 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 |
|---|---|---|---|
| 2013 | +261.1% | 1.8 | 6.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.2 | 1 | 1.4 | 4 |
| 2000s | 1.74 | 0.7 | 3.6 | 10 |
| 2010s | 2.45 | 1.1 | 6.5 | 10 |
| 2020s | 5.3 | 2.1 | 8.3 | 5 |
Countries ranked near Germany
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)
- SDRs holdings, US dollar, annual growth rate 3.33 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 654.77 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.6 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 478.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.68 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0053 units per US$ of GDP (2025)
Frequently asked questions
- What is hicp - restaurants and hotels in Germany?
- Hicp - restaurants and hotels in Germany was 6.1 in 2024, according to European Central Bank.
- What is the highest hicp - restaurants and hotels recorded in Germany?
- The highest recorded value was 8.3 in 2023.
- What is the lowest hicp - restaurants and hotels recorded in Germany?
- The lowest recorded value was 0.7 in 2004.
- How does Germany rank for hicp - restaurants and hotels?
- Germany ranks 10th out of 31 countries with data for 2024.
- Is hicp - restaurants and hotels rising or falling in Germany?
- Over the last ten years it is up 190.5%. The long-run trend across the full record is volatile.
- Where does this Germany data come from?
- The figures come from European Central Bank, published as part of HICP - RESTAURANTS AND HOTELS (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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