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 View diagram Germany Economy

Germany GDP growth rate

Germany GDP growth rate

Germany economy annual growth rate from 2000 to today. GDP growth (yearly %). World Bank and OECD national accounts data. Germany’s economy contracted by 0.3% in 2023, due to declining industrial output, reduced exports, and weak consumer confidence.