Germany Economy

Germany Economy

Germany's economy is Europe's largest and one of the most industrialized in the world, known for its engineering excellence and export-driven manufacturing. Key industries include automotive, machinery, chemicals, electronics, and renewable energy technologies. Germany's strong Mittelstand of small and medium-sized firms underpins innovation and global competitiveness. The country's challenges include energy costs, demographic aging, and the transition away from traditional industries. Despite these pressures, Germany continues investing in digital transformation, green technology, and advanced manufacturing to maintain its position as a global economic leader.

World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Germany GDP statistics.