The German economy expanded a calendar-adjusted 0.7 percent in the first quarter, following a 0.6 percent growth in the previous three-month period and in line with forecasts. On an unadjusted basis, the GDP rose by 0.6 percent, easing from a 0.9 percent increase in the December quarter. GDP Annual Growth Rate in Germany averaged 2 percent from 1971 until 2019, reaching an all time high of 7.20 percent in the first quarter of 1973 and a record low of -6.80 percent in the first quarter of 2009.
GDP Annual Growth Rate in Germany is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Germany to stand at 1.20 in 12 months time. In the long-term, the Germany GDP Annual Growth Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.