Manufacturing Sector Contribution to GDP in Germany (1991-2022)

Manufacturing Sector Contribution to GDP in Germany (1991-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Germany (1991-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Germany
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
Germany's manufacturing sector held a significant share of GDP in the early 1990s, with a peak at 24.8% in 1991. A gradual decline followed, settling around 20% from the late 1990s to early 2000s, as the economy diversified and services gained prominence. Post-2008 financial crisis recovery saw a dip to 17.7% in 2009 but rebounded due to Germany's robust industrial policies, supporting exports and innovation in key sectors like automotive and machinery. Recent data shows a slight decline to 18.4% in 2022, partially impacted by global supply chain disruptions and shifts toward digital and green technologies.

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