Germany GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Germany's GDP changed from approximately $853B 705M in 1980 to $4T 591B in 2024, showing an overall 437.8% sharply increased during the period.
The lowest GDP was recorded in 1984 at $651B 900M, and the highest in 2024 at $4T 591B.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 3.9%.
For comparison, the average annual growth rate of France was 3.5%, and that of United Kingdom was 4.1%.

Overview of Germany's GDP (1980–2024)

The Gross Domestic Product (GDP) of Germany recorded a 437.8% sharply increased from 1980 to 2024.
The average GDP during this period was $2T 583B, and the median was $2T 501B.
GDP fluctuated within a range of $3T 939B, with a standard deviation of $1T 190B.
The average annual change was $87B 911M.


Germany GDP from 1980 to 2024

The total market value of goods and services produced annually in Germany.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1984, $651B 900M
    • Highest GDP: 2024, $4T 591B
    • Most Recent GDP: 2024, $4T 591B

    Notable Annual GDP Changes

    • 2007: Significant increase in GDP
    • 2015: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Germany's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $3T 889B → $3T 884B
    • Outcome: remained stable

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $3T 425B → $3T 407B
    • Outcome: remained stable

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $1T 948B → $1T 945B
    • Outcome: remained stable

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $2T 214B → $2T 242B
    • Outcome: increased

    Key Economic Indicators of Germany (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 853B 705M
    $ 11,109.74
    $ 11,130.82
    $ 855B 325M
    1.272 %
    -1.782 %
    21.54 %
    0 %
    76M 843K people
    1981
    $ 718B 264M
    $ 9,329.59
    $ 12,174.43
    $ 937B 281M
    0.11 %
    -0.684 %
    20.16 %
    0 %
    76M 988K people
    1982
    $ 693B 547M
    $ 9,014.98
    $ 12,834
    $ 987B 356M
    -0.788 %
    0.866 %
    20.14 %
    0 %
    76M 933K people
    1983
    $ 691B 912M
    $ 9,025.21
    $ 13,591.31
    $ 1T 41B
    1.555 %
    0.666 %
    21.09 %
    0 %
    76M 664K people
    1984
    $ 651B 900M
    $ 8,537.76
    $ 14,538.53
    $ 1T 110B
    2.826 %
    1.423 %
    21.77 %
    0 %
    76M 355K people
    1985
    $ 661B 37M
    $ 8,678.85
    $ 15,364.99
    $ 1T 170B
    2.192 %
    2.662 %
    22.13 %
    0 %
    76M 166K people
    1986
    $ 944B 124M
    $ 12,387.01
    $ 16,042.20
    $ 1T 222B
    2.417 %
    4.024 %
    23.68 %
    0 %
    76M 219K people
    1987
    $ 1T 174B
    $ 15,411.53
    $ 16,678.29
    $ 1T 271B
    1.469 %
    3.709 %
    22.89 %
    0 %
    76M 233K people
    1988
    $ 1T 266B
    $ 16,514.65
    $ 17,803.04
    $ 1T 365B
    3.736 %
    4.317 %
    24.04 %
    0 %
    76M 697K people
    1989
    $ 1T 257B
    $ 16,232.12
    $ 19,034.92
    $ 1T 474B
    3.913 %
    4.689 %
    25.35 %
    0 %
    77M 463K people
    1990
    $ 1T 598B
    $ 20,249.14
    $ 20,484.73
    $ 1T 617B
    5.723 %
    3.131 %
    24.34 %
    0 %
    78M 949K people
    1991
    $ 1T 875B
    $ 23,453.06
    $ 21,953.96
    $ 1T 755B
    5.011 %
    -1.422 %
    24.35 %
    -0.966 %
    79M 973K people
    1992
    $ 2T 136B
    $ 26,538.13
    $ 22,735.63
    $ 1T 830B
    1.92 %
    -1.183 %
    24.08 %
    0.009 %
    80M 500K people
    1993
    $ 2T 72B
    $ 25,602.88
    $ 22,919.98
    $ 1T 855B
    -0.977 %
    -1.037 %
    22.90 %
    -0.387 %
    80M 946K people
    1994
    $ 2T 209B
    $ 27,233.72
    $ 23,911.73
    $ 1T 940B
    2.399 %
    -1.5 %
    22.83 %
    0.36 %
    81M 147K people
    1995
    $ 2T 588B
    $ 31,829.61
    $ 24,740.10
    $ 2T 11B
    1.541 %
    -1.246 %
    23.08 %
    -6.327 %
    81M 308K people
    1996
    $ 2T 498B
    $ 30,664.39
    $ 25,349.21
    $ 2T 65B
    0.816 %
    -0.676 %
    22.59 %
    -0.5 %
    81M 466K people
    1997
    $ 2T 214B
    $ 27,170.75
    $ 26,232.57
    $ 2T 138B
    1.785 %
    -0.51 %
    22.87 %
    0.089 %
    81M 510K people
    1998
    $ 2T 242B
    $ 27,528.16
    $ 27,084.64
    $ 2T 205B
    2.02 %
    -0.711 %
    23.31 %
    0.474 %
    81M 446K people
    1999
    $ 2T 197B
    $ 26,984.24
    $ 27,994.33
    $ 2T 279B
    1.887 %
    -1.422 %
    22.58 %
    1.067 %
    81M 423K people