Germany 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$4.53 trillion
↑ 8.70% vs 2022GDP per Capita
$54,343.23
↑ 9.37% vs 2022GDP Growth (Annual %)
-0.27%
↓ 1.64pp vs 2022Inflation Rate (CPI %)
5.95%
↓ 0.93pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $4.16 trillion | $4.53 trillion | +8.70% |
| GDP per Capita | $49,686.12 | $54,343.23 | +9.37% |
| GDP Growth (Annual %) | 1.37% | -0.27% | -1.64pp |
| Inflation (CPI %) | 6.87% | 5.95% | -0.93pp |
| Unemployment Rate (%) | 3.12% | 3.07% | -0.05pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $4.53 trillion
- GDP per Capita
- $54,343.23
- GDP Growth (Annual %)
- -0.27%
- Gross National Income
- $4.64 trillion
Prices & Employment
- Inflation (CPI %)
- 5.95%
- Inflation (GDP Deflator %)
- 6.14%
- Unemployment Rate (%)
- 3.07%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 5.80%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Germany's Gross Domestic Product (GDP) is $4.53 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Germany for 2023 is $54,343.23. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Germany for 2023 is 5.95%. This measures the annual percentage change in the cost of consumer goods and services.
Germany's annual GDP growth rate for 2023 is -0.27%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Germany for 2023 is 3.07%. This represents the percentage of the labor force that is unemployed and actively seeking employment.