Germany: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 0.1 percent as of Q3 2024, an increase compared to the previous value of -0.3 percent. Historically, the average for Germany from Q2 1991 to Q3 2024 is 0.3 percent. The minimum of -8.9 percent was recorded in Q2 2020, while the maximum of 8.7 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Germany: Economic growth, quarterly |
|---|---|
| 2024 Q3 | 0.1 |
| 2024 Q2 | -0.3 |
| 2024 Q1 | 0.2 |
| 2023 Q4 | -0.4 |
| 2023 Q3 | 0.2 |
| 2023 Q2 | -0.2 |
| 2023 Q1 | 0.1 |
| 2022 Q4 | -0.5 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | -0.30 | 2023 | percent |
| GDP, constant dollars | 3,622.5 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 4,456.08 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 52,745.75 | 2023 | U.S. dollars |
| GDP per capita, PPP | 61,909 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 42,878.81 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 99.35 | 2022 | index points |
| Productivity, current USD | 95.0 | 2023 | USD per hour worked |
| Economic growth, quarterly | -0.30 | Q3/2024 | percent |
| Economic growth Q-on-Q | 0.10 | Q3/2024 | percent |
| Gross Domestic Product (GDP) | 1,078.22 | Q3/2024 | billion |