Germany GDP Annual Growth Rate

The German economy expanded a calendar-adjusted 0.7 percent year-on-year in the first quarter of 2019, following a 0.6 percent growth in the previous three-month period. 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-02-14	07:00 AM	GDP Growth Rate YoY Flash Q4	0.6%	1.1%	0.9%	0.9%
2019-02-22	07:00 AM	GDP Growth Rate YoY Final Q4	0.6%	1.1%	0.6%	0.6%
2019-05-15	06:00 AM	GDP Growth Rate YoY Flash Q1	0.7%	0.6%	0.7%	0.6%
2019-05-23	06:00 AM	GDP Growth Rate YoY Final Q1	0.7%	0.6%	0.7%	0.7%
2019-08-14	06:00 AM	GDP Growth Rate YoY Flash Q2		0.7%		0.7%
2019-08-27	06:00 AM	GDP Growth Rate YoY Final Q2		0.7%		0.7%
2019-11-14	07:00 AM	GDP Growth Rate YoY Flash Q3				0.6%

Germany GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.40	0.00	4.00	-4.50	percent	[+]
GDP Annual Growth Rate	0.70	0.60	7.20	-6.80	percent	[+]
GDP	3996.76	3693.20	3996.76	215.02	USD Billion	[+]
GDP Constant Prices	747.94	744.78	747.94	507.82	EUR Billion	[+]
Gross National Product	879.53	870.37	879.53	389.85	EUR Billion	[+]
Gross Fixed Capital Formation	155.89	154.13	155.89	107.51	EUR Billion	[+]
GDP per capita	47501.80	46987.80	47501.80	19624.70	USD	[+]
GDP per capita PPP	45959.40	45462.00	45959.40	31287.10	USD	[+]
GDP From Agriculture	6.44	5.96	7.26	3.20	EUR Billion	[+]
GDP From Construction	36.16	45.80	45.80	14.47	EUR Billion	[+]
GDP From Manufacturing	172.51	171.76	181.79	90.56	EUR Billion	[+]
GDP From Public Administration	143.55	145.45	145.45	50.63	EUR Billion	[+]
GDP From Services	120.42	126.54	127.03	53.73	EUR Billion	[+]

Germany GDP Annual Growth Rate

The German economy - the fifth largest economy in the world and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Composition of the GDP on the expenditure side: household consumption (55 percent), gross capital formation (20 percent, of which 10 percent in construction, 6 percent in machinery and equipment and 4 percent in other products) and government expenditure (19 percent). Exports of goods and services account for 46 percent of GDP while imports account for 39 percent, adding 7 percent to total GDP. This page provides the latest reported value for - Germany GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.70	0.60	7.20	-6.80	1971 - 2019	percent	Quarterly	WDA

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Country	Last		Previous	Range
China	6.20	Jun/19	6.4	15.4 : 3.8	%
India	5.80	Mar/19	6.6	11.4 : -5.2	%
Indonesia	5.07	Mar/19	5.18	7.16 : 1.56	%
United States	3.20	Mar/19	3	13.4 : -3.9	%
Spain	2.40	Mar/19	2.3	5.6 : -4.3	%
Australia	1.80	Mar/19	2.3	8.3 : -3.5	%
United Kingdom	1.80	Mar/19	1.4	9.7 : -6.1	%
Netherlands	1.70	Mar/19	2.2	6.1 : -4.6	%
Saudi Arabia	1.70	Mar/19	3.6	24.2 : -20.7	%
South Korea	1.70	Mar/19	2.9	20.8 : -7.3	%
Switzerland	1.70	Mar/19	1.5	5.8 : -3.7	%
Canada	1.30	Mar/19	1.6	9.3 : -4.1	%
Euro Area	1.20	Mar/19	1.2	5 : -5.5	%
France	1.20	Mar/19	1.2	12.6 : -3.8	%
Mexico	1.20	Mar/19	1.7	9 : -9.1	%
Japan	0.90	Mar/19	0.3	9.4 : -8.8	%
Germany	0.70	Mar/19	0.6	7.2 : -6.8	%
Brazil	0.50	Mar/19	1.1	10.1 : -5.5	%
Russia	0.50	Mar/19	2.7	12.1 : -11.2	%
Singapore	0.10	Jun/19	1.1	18.6 : -7.7	%
South Africa	0.00	Mar/19	1.1	7.1 : -2.6	%
Italy	-0.10	Mar/19	0	10.3 : -7.2	%
Turkey	-2.60	Mar/19	-3	11.7 : -14.4	%
Argentina	-5.80	Mar/19	-6.2	16.2 : -16.3	%