Economy of Germany. Statistics, Data and Indicators
Germany
| 100AAA | Credit rank #4 |
| 190.04 | Quality of life #6 |
| 9 | Corruption rank#12 |
| 22 | Ease of doing business#24 |
Germany Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 4072 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.2 % | 2Q/23 |
| GDP Growth Rate | 0 % | 2Q/23 |
| GDP per capita | 43032 USD | 2022 |
| Inflation Rate YoY | 4.5 % | Sep/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 5.7 % | Sep/23 |
| Wages | 4100 EUR/Month | 4340.002 USD/Month | 4Q/21 |
| Balance of Trade | 17.68 EUR Million | 0.019 B USD | Jul/23 |
| Current Account | 18693 EUR Million | 19.787 B USD | Jul/23 |
| Foreign Exchange Reserves | 284364 EUR Million | 301.01 B USD | Aug/23 |
| Government Debt | 2417033 EUR Million | 2558.519 B USD | 2Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 4072 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.2 % | 2Q/23 |
| GDP Growth Rate | 0 % | 2Q/23 |
| GDP per capita | 43032 USD | 2022 |
| Gross National Product | 1071 EUR Billion | 1133.693 USD Billion | 2Q/23 |
| GDP Constant Prices | 815 EUR Billion | 862.708 B USD | 2Q/23 |
| GDP per capita PPP | 53560 USD | 2022 |
| GDP From Agriculture | 7.36 EUR Billion | 7.791 B USD | 2Q/23 |
| GDP From Construction | 58.84 EUR Billion | 62.284 B USD | 2Q/23 |
| GDP From Manufacturing | 197 EUR Billion | 208.532 B USD | 2Q/23 |
| GDP From Public Administration | 164 EUR Billion | 173.6 B USD | 2Q/23 |
| GDP From Services | 156 EUR Billion | 165.132 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 66.3 % | 2022 |
| Government Budget Value | -79.36 EUR Billion | -84.006 USD Billion | 4Q/22 |
| Government Spending | 173 EUR Billion | 183.127 USD Billion | 2Q/23 |
| Government Debt | 2417033 EUR Million | 2558.519 USD Billion | 2Q/23 |
| Government Revenues | 482 EUR Billion | 510.215 USD Billion | 4Q/22 |
| Fiscal Expenditure | 564 EUR Billion | 597.015 B USD | 4Q/22 |
| Government Budget to GDP | -2.6 % | 2022 |
| Government Spending to GDP | 49.7 % | 2022 |
| Military Expenditure | 55760 USD Million | 55.76 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 118 index points | Sep/23 |
| Export Prices | 122 index points | Aug/23 |
| Food Inflation | 9.08 % | Aug/23 |
| Gasoline Prices | 2.04 USD/Liter | Sep/23 |
| Import Prices | 125 index points | Aug/23 |
| Inflation Rate YoY | 4.5 % | Sep/23 |
| Producer Prices | 147 index points | Aug/23 |
| Inflation Rate Mom | 0.3 % | Sep/23 |
| Core Consumer Prices | 113 Index Points | Aug/23 |
| Core Inflation Rate | 4.6 % | Sep/23 |
| CPI Housing Utilities | 115 Index Points | Aug/23 |
| CPI Transportation | 125 Index Points | Aug/23 |
| Harmonised Consumer Prices | 127 Index Points | Sep/23 |
| Producer Prices Change | -12.6 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 4.2 % | 2022 |
| Weapons Sales | 1510 USD Million | 2022 |
| Balance of Trade | 17.68 EUR Million | 0.019 USD Billion | Jul/23 |
| Capital Flows | 2475 EUR Million | 2.62 USD Billion | Jul/23 |
| Current Account | 18693 EUR Million | 19.787 USD Billion | Jul/23 |
| Exports | 130 EUR Million | 0.138 USD Billion | Jul/23 |
| External Debt | 6065193 EUR Million | 6420.232 USD Billion | 1Q/23 |
| Foreign Exchange Reserves | 284364 EUR Million | 301.01 USD Billion | Aug/23 |
| Imports | 112 EUR Million | 0.119 USD Billion | Jul/23 |
| Terms of Trade | 97.99 Index Points | Aug/23 |
| Tourist Arrivals | 4465 Thousand Persons | 4.465 Million Persons | 2023 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 6.39 % | Jul/23 |
| Gold Reserves | 3353 Tonnes | 2Q/23 |
| Interbank Rate | 3.78 % | Aug/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Loans to Private Sector | 1879 EUR Billion | 1988.991 USD Billion | 2Q/23 |
| Money Supply M1 | 2679 EUR Billion | 2835.821 USD Billion | Aug/23 |
| Money Supply M2 | 3750 EUR Billion | 3969.514 USD Billion | Aug/23 |
| Money Supply M3 | 3830 EUR Billion | 4054.197 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 2528 EUR Billion | 2675.982 B USD | Sep/23 |
| Foreign Direct Investment | -6234 EUR Million | -6.599 B USD | Jul/23 |
| Private Sector Credit | 3672947 EUR Million | 3887.951 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 12 EUR/Hour | 2032.391 USD/Month | 2023 |
| Retirement Age Men | 65.83 | 2022 |
| Retirement Age Women | 65.83 | 2022 |
| Unemployment Rate | 5.7 % | Sep/23 |
| Wages | 4100 EUR/Month | 4340.002 USD/Month | 4Q/21 |
| Youth Unemployment Rate | 5.6 % | Jul/23 |
| Employed Persons | 45833 Thousand Person | 45.833 Million Person | Aug/23 |
| Employment Change | 0.1 % | 2Q/23 |
| Employment Rate | 77.5 % | 2Q/23 |
| Full Time Employment | 29469 Thousand Person | 2Q/23 |
| Job Vacancies | 761 Thousand | Sep/23 |
| Labor Force Participation Rate | 79.9 % | 2Q/23 |
| Living Wage Family | 1990 EUR/Month | 2242.102 USD/Month | 2017 |
| Living Wage Individual | 1240 EUR/Month | 1397.089 USD/Month | 2017 |
| Long Term Unemployment Rate | 0.9 % | 2Q/23 |
| Part Time Employment | 11940 Thousand Persons | 2Q/23 |
| Unemployed Persons | 2642 Thousand Persons | 2.642 Million Persons | Sep/23 |
| Unemployment Change | 10 Thousand Persons | Sep/23 |
| Wage Growth | 0.1 % | 2Q/23 |
| Wages High Skilled | 3550 EUR/Month | 3999.73 USD/Month | 2017 |
| Wages Low Skilled | 2050 EUR/Month | 2309.703 USD/Month | 2017 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2023 |
| Personal Income Tax Rate | 45 % | 2022 |
| Sales Tax Rate | 19 % | 2023 |
| Social Security Rate | 36.66 % | 2022 |
| Social Security Rate For Companies | 22.54 % | 2022 |
| Social Security Rate For Employees | 14.12 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 30 BBL/D/1K | May/23 |
| Industrial Production | -2.12 % | Jul/23 |
| Mining Production | -17.8 % | Jul/23 |
| Steel Production | 2800 Thousand Tonnes | Aug/23 |
| Car Production | 266800 Units | 266.8 Units | Aug/23 |
| Factory Orders | -11.7 % | Jul/23 |
| Industrial Production (MoM) | -0.8 % | Jul/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 1548 companies | Jun/23 |
| Business Confidence | 85.7 index points | Sep/23 |
| Corruption Index | 79 index points | 2022 |
| Corruption Rank | 9 place | 2022 |
| Ease of Doing Business | 22 place | 2019 |
| Manufacturing PMI | 39.8 index points | Sep/23 |
| Manufacturing Production | -1.35 % | Jul/23 |
| Services PMI | 49.8 index points | Sep/23 |
| Competitiveness Index | 81.8 Index Points | 2019 |
| Competitiveness Rank | 7 | 2019 |
| Composite PMI | 46.2 Index Points | Sep/23 |
| Corporate Profits | 233 EUR Billion | 246.639 B USD | 2Q/23 |
| Zew Economic Sentiment Index | -11.4 Index Points | Sep/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -26.5 index points | Oct/23 |
| Private Debt To GDP | 181 % | 2021 |
| Retail Sales MoM | -1.2 % | Aug/23 |
| Retail Sales YoY | -2.3 % | Aug/23 |
| Consumer Credit | 234919 EUR Million | 248.67 USD Billion | 2Q/23 |
| Consumer Spending | 423 EUR Billion | 447.761 USD Billion | 2Q/23 |
| Disposable Personal Income | 591 EUR Billion | 625.595 B USD | 2Q/23 |
| Households Debt To GDP | 54.3 % | 1Q/23 |
| Households Debt To Income | 88.77 % | 2021 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 0.08 % | Jul/23 |
| Construction PMI | 41.5 Index Points | Aug/23 |
