In 2023, the German economy shrunk by 0.3 percent. This was due to persistently high inflation that was triggered by the start of the Russia-Ukraine war in 2022. For 2024 and 2025, the economy is predicted to begin growing again.
Year-on-year change of the gross domestic product (GDP) in Germany from 2008 to 2023, with a forecast until 2025
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
ifo Institut. (March 6, 2024). Year-on-year change of the gross domestic product (GDP) in Germany from 2008 to 2023, with a forecast until 2025 [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1322391/gdp-development-forecast-germany/
ifo Institut. "Year-on-year change of the gross domestic product (GDP) in Germany from 2008 to 2023, with a forecast until 2025 ." Chart. March 6, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1322391/gdp-development-forecast-germany/
ifo Institut. (2024). Year-on-year change of the gross domestic product (GDP) in Germany from 2008 to 2023, with a forecast until 2025 . Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1322391/gdp-development-forecast-germany/
ifo Institut. "Year-on-year Change of The Gross Domestic Product (Gdp) in Germany from 2008 to 2023, with a Forecast until 2025 ." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1322391/gdp-development-forecast-germany/
ifo Institut, Year-on-year change of the gross domestic product (GDP) in Germany from 2008 to 2023, with a forecast until 2025 Statista, https://www.statista.com/statistics/1322391/gdp-development-forecast-germany/ (last visited October 02, 2024)
Year-on-year change of the gross domestic product (GDP) in Germany from 2008 to 2023, with a forecast until 2025 [Graph], ifo Institut, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1322391/gdp-development-forecast-germany/