The German economy expanded 2.5% year-on-year in the third quarter of 2021, the same as in the preliminary estimate and following an upwardly revised 10% growth in Q2. It marks the second consecutive quarter of growth as the economy continues to recover from the pandemic hit. source: Federal Statistical Office
GDP Annual Growth Rate in Germany averaged 1.86 percent from 1971 until 2021, reaching an all time high of 9.80 percent in the second quarter of 2021 and a record low of -11.30 percent in the second quarter of 2020. 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 - values, historical data and charts - was last updated on November of 2021.
GDP Annual Growth Rate in Germany is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany GDP Annual Growth Rate is projected to trend around 1.70 percent in 2022 and 2.00 percent in 2023, according to our econometric models.