Germany Gross Domestic Product (GDP) by Year (1961–2023)

Germany Gross Domestic Product (GDP) by Year (1961–2023)

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TGM StatBox. (2024). Germany Gross Domestic Product (GDP) by Year (1961–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Germany
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Germany’s GDP highlights its position as Europe’s largest economy, underpinned by industrial might and exports. Starting at $96.2 billion in 1961, GDP grew significantly during the post-war Wirtschaftswunder, reaching $1.4 trillion by 1989. Reunification in 1990 further boosted growth, with GDP surpassing $2.2 trillion in 1992.

The global financial crisis in 2008 caused a contraction, but Germany’s strong fiscal policies and export resilience led to recovery, with GDP exceeding $4.4 trillion in 2023. Its focus on automotive, machinery, and green energy ensures sustained economic leadership despite global challenges.

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