Post-2012, the growth rate rebounded, peaking at 0.9% in 2015, driven by the influx of refugees and a resurgence in net migration. In recent years, the growth rate stabilized at moderate levels, with 2022 and 2023 showing upticks to 0.7% and 0.8%, respectively. This recovery aligns with Germany’s ongoing appeal as an economic hub in Europe and improved birth rates compared to earlier decades.
Gain a broader perspective by reviewing Germany’s shifting median age, Germany’s annual GDP growth rate, Germany’s unemployment rate changes.