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Key Insights
Germany’s GDP at current prices (B1G) demonstrated steady growth from €3.1 trillion in 2020 to €3.92 trillion in 2024, representing a 26.5% increase over the period. The largest component, Final Consumption Expenditure (P3), expanded from €2.52 trillion to €3.23 trillion. Gross Fixed Capital Formation (P51G) increased from €736.5 billion to €885.7 billion, indicating robust investment activity. Exports (P7) showed strong volatility, rising from €1.17 trillion in 2020 to a peak of €1.70 trillion in 2023 before declining to €1.63 trillion in 2024, reflecting global trade dynamics.
Chart Information
Chart Type: Line Chart
Time Period: 2020-2024 (Annual data)
Unit: Million EUR at Current Prices
NUTS ID: DE (Germany)
Colors Used: Primary color #18baa8 with complementary shades for different components
Data Values Used (Million EUR)
| Component | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| GDP (B1G) | 3,100,097.0 | 3,294,085.0 | 3,591,874.0 | 3,853,937.0 | 3,921,311.0 |
| Final Consumption (P3) | 2,517,814.0 | 2,658,900.0 | 2,962,239.0 | 3,123,713.0 | 3,234,744.0 |
| Gross Fixed Capital Formation (P51G) | 736,476.0 | 779,975.0 | 861,750.0 | 894,143.0 | 885,721.0 |
| Exports (P7) | 1,166,817.0 | 1,377,184.0 | 1,721,715.0 | 1,645,332.0 | 1,630,146.0 |
| Imports (P6) | 1,349,915.0 | 1,565,725.0 | 1,820,295.0 | 1,812,922.0 | 1,793,668.0 |
Gross domestic product (GDP) and main components (output, expenditure and income)
DE (Germany)Data-Level: DE Source: Eurostat - nama_10_gdp dataset. Data extracted for Germany (DE) covering the period 2020-2024.
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Project manager:
Franziska Görmar
IfL - Leibniz Institute for Regional Geography, Germany
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This project is supported by the Interreg CENTRAL EUROPE Programme with co-financing from the European Regional Development Fund.
Find more information about the x-Inno Radar project on the Interreg CE projectwebsite.
x-Inno Radar is a project of: 
Creative Region Linz & Upper Austria Gmbh, 
The Regional Chamber of Commerce of the Karlovy Vary Region, 
Padova Chamber of Commerce, Industry, Crafts and Agriculture, 
Creative Industry Košice, n. o., 
BSC, Business support centre, ltd., Kranj, 
Regional Development Agency in Bielsko-Biała, 
Stebo Competence Centre Community Developmentm, 
Association of Cultural and Creative Industries Chemnitz and Region (Creative Chemnitz), Leibniz Institute for Regional Geography – Germany, Otelo Cooperative