Germany's GDP Decreased by 0.2% in 2024 Compared to 2023

30 January 2025

The gross domestic product (GDP) fell by 0.2% in the fourth quarter of 2024 compared with the third quarter of 2024 after adjustment for price, seasonal and calendar variations. While household and government final consumption expenditure increased, according to the provisional results available, exports were significantly lower than in the previous quarter, after price, seasonal and calendar adjustment.
The Federal Statistical Office (Destatis) also reports that price adjusted GDP fell overall by 0.2% in 2024.

Source:  Destatis
Post by: Republic of Türkiye Ministry of Trade