HICP - Services in Germany
Germany: HICP - Services was 4.3 in 2024. ◆ Volatile
Latest (2024)
4.3
Change on year
down 10.4%
World rank
15th
of 31 countries
All-time high
4.8
in 2023
All-time low
0.6
in 1999
Years of data
28
1997–2024
HICP - Services in Germany, 1997–2024
Source: European Central Bank.
Analysis
Germany recorded 4.3 for hicp - services in 2024.
Compared with earlier readings it is down 10.4% on the previous year and up 186.7% over ten years.
Over the whole period, hicp - services in Germany peaked at 4.8 in 2023 and was at its lowest, 0.6, in 1999.
Germany ranks 15th of 31 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - Services in Germany, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 2.3 | — |
| 1998 | 1.3 | -43.5% |
| 1999 | 0.6 | -53.8% |
| 2000 | 0.7 | +16.7% |
| 2001 | 1.7 | +142.9% |
| 2002 | 2.1 | +23.5% |
| 2003 | 1.3 | -38.1% |
| 2004 | 1.9 | +46.2% |
| 2005 | 1.3 | -31.6% |
| 2006 | 1 | -23.1% |
| 2007 | 2.3 | +130.0% |
| 2008 | 1.7 | -26.1% |
| 2009 | 1.4 | -17.6% |
| 2010 | 0.7 | -50.0% |
| 2011 | 1.4 | +100.0% |
| 2012 | 1.3 | -7.1% |
| 2013 | 1.5 | +15.4% |
| 2014 | 1.5 | +0.0% |
| 2015 | 2.5 | +66.7% |
| 2016 | 1.1 | -56.0% |
| 2017 | 1.4 | +27.3% |
| 2018 | 1.6 | +14.3% |
| 2019 | 1.5 | -6.3% |
| 2020 | 1.2 | -20.0% |
| 2021 | 2 | +66.7% |
| 2022 | 2.9 | +45.0% |
| 2023 | 4.8 | +65.5% |
| 2024 | 4.3 | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.4 | 0.6 | 2.3 | 3 |
| 2000s | 1.54 | 0.7 | 2.3 | 10 |
| 2010s | 1.45 | 0.7 | 2.5 | 10 |
| 2020s | 3.04 | 1.2 | 4.8 | 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)
- Gross capital formation (current US$), annual growth rate 9.96 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2193 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 13,268 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 5.33 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.1941 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 11,742 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 3.09 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1528 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is hicp - services in Germany?
- Hicp - services in Germany was 4.3 in 2024, according to European Central Bank.
- What is the highest hicp - services recorded in Germany?
- The highest recorded value was 4.8 in 2023.
- What is the lowest hicp - services recorded in Germany?
- The lowest recorded value was 0.6 in 1999.
- How does Germany rank for hicp - services?
- Germany ranks 15th out of 31 countries with data for 2024.
- Is hicp - services rising or falling in Germany?
- Over the last ten years it is up 186.7%. 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 - Services (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under ECB Terms and Conditions (attribution required).