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Economy of Germany. Statistics, Data and Indicators

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Germany
100AAA Credit rank #4
190.04 Quality of life #6
9 Corruption rank#12
22 Ease of doing business#24
Germany


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



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