The German economy expanded 1.4% year-on-year in the second quarter of 2022, below a downwardly revised 3.6% in Q1 and below forecasts of a 1.7% rise, preliminary estimates showed. source: Federal Statistical Office
GDP Annual Growth Rate in Germany averaged 1.88 percent from 1971 until 2022, reaching an all time high of 10.20 percent in the second quarter of 2021 and a record low of -10.50 percent in the second quarter of 2020. This page provides the latest reported value for - Germany GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
GDP Annual Growth Rate in Germany is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany GDP Annual Growth Rate is projected to trend around 2.50 percent in 2023, according to our econometric models.