Germany 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$3.94 trillion
↓ 0.43% vs 2019GDP per Capita
$47,379.77
↓ 0.51% vs 2019GDP Growth (Annual %)
-4.10%
↓ 5.08pp vs 2019Inflation Rate (CPI %)
0.14%
↓ 1.30pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $3.96 trillion | $3.94 trillion | -0.43% |
| GDP per Capita | $47,623.87 | $47,379.77 | -0.51% |
| GDP Growth (Annual %) | 0.99% | -4.10% | -5.08pp |
| Inflation (CPI %) | 1.45% | 0.14% | -1.30pp |
| Unemployment Rate (%) | 3.16% | 3.88% | +0.72pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $3.94 trillion
- GDP per Capita
- $47,379.77
- GDP Growth (Annual %)
- -4.10%
- Gross National Income
- $4.00 trillion
Prices & Employment
- Inflation (CPI %)
- 0.14%
- Inflation (GDP Deflator %)
- 1.76%
- Unemployment Rate (%)
- 3.88%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 6.35%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Germany's Gross Domestic Product (GDP) is $3.94 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Germany for 2020 is $47,379.77. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Germany for 2020 is 0.14%. This measures the annual percentage change in the cost of consumer goods and services.
Germany's annual GDP growth rate for 2020 is -4.10%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Germany for 2020 is 3.88%. This represents the percentage of the labor force that is unemployed and actively seeking employment.