HICP - RESTAURANTS AND HOTELS in Germany
Germany: HICP - RESTAURANTS AND HOTELS was 6.1 in 2024. ◆ Volatile
Latest (2024)
6.1
Change on year
down 26.5%
World rank
10th
of 31 countries
All-time high
8.3
in 2023
All-time low
0.7
in 2004
Years of data
29
1996–2024
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 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% |
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)
- Exports of goods and services (current LCU), annual growth rate 0.7655 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3578 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 21,648 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -0.4432 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3189 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 19,292 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 7.02 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2031 current US$ 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.
Download this data
CSV · JSON — 29 observations, free to reuse under ECB Terms and Conditions (attribution required).