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. (June 20, 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 November 18, 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. June 20, 2024. Statista. Accessed November 18, 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: November 18, 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., 20 Jun 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 November 18, 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, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/1322391/gdp-development-forecast-germany/
