Germany GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$56,103.73

Source: world bank Nominal/PPP
Summary:

Germany GDP Per Capita expanded from 1960 to 2024, increasing from $1,162.12 to $56,103.73 .The compound annual growth rate (CAGR) averaged 6.24% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 24.79%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Latest GDP Per Capita of Germany 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 56,103.73 dollars$ 73,551.93 Int dollars
Growth (YoY)2.422%2.606%
Net Change vs Previous Year$ 1,326.97 dollars$ 1,867.90 Int dollars
% of World GDP Per Capita50.55%36.83%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Germany GDP | Germany GDP Growth

Germany Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19601162.12-----
19611315.91153.7913.233 %---
19621430.52114.618.71 %---
19631502.1571.635.008 %---
19641637.46135.39.007 %---
19651774.2136.748.351 %---
19661870.8196.615.445 %---
19671885.6214.810.792 %---
19682025.08139.477.396 %---
19692281.28256.1912.651 %---
19702771.28490.0121.48 %---
19713203.83432.5515.608 %---
19723823.94620.1119.355 %---
19735065.251241.332.461 %---
19745659.74594.4911.737 %---
19756259.21599.4710.592 %---
19766659.17399.966.39 %---
19777711.11051.9415.797 %---
19789516.781805.6823.417 %---
197911322.351805.5718.972 %---
198012182.78860.437.599 %---
198110246.48-1936.3-15.894 %---
19829950.06-296.42-2.893 %---
19839900.49-49.57-0.498 %---
19849347.29-553.19-5.588 %---
19859464.12116.831.25 %---
198613511.154047.0442.762 %---
198716738.613227.4623.887 %---
198817996.981258.377.518 %---
198917829.46-167.52-0.931 %---
199022385.684556.2225.554 %19467.82--
199123443.341057.664.725 %21000.71532.887.874 %
199226559.853116.5213.294 %21745.82745.123.548 %
199325616.65-943.2-3.551 %21900.2154.380.71 %
199427201.961585.316.189 %22869.21969.014.425 %
199531747.244545.2916.709 %23630.55761.343.329 %
199630599.79-1147.46-3.614 %24169.07538.522.279 %
199727046.96-3552.83-11.611 %24649.46480.391.988 %
199827395.94348.991.29 %25445.86796.43.231 %
199926965.49-430.45-1.571 %26517.931072.084.213 %
200023925.86-3039.64-11.272 %27473.67955.733.604 %
200123878.36-47.49-0.198 %28674.171200.54.37 %
200225486.591608.236.735 %29513.68839.512.928 %
200330711.15224.5120.499 %30301.4787.722.669 %
200434566.743855.6312.555 %31753.171451.774.791 %
200535084.44517.71.498 %32313.74560.561.765 %
200636980.331895.95.404 %34741.342427.67.513 %
200742350.925370.5914.523 %369142172.676.254 %
200846379.164028.249.512 %38443.541529.544.144 %
200942471.89-3907.28-8.425 %37573.99-869.55-2.262 %
201042396.97-74.92-0.176 %39726.12152.115.728 %
201147630.985234.0112.345 %43398.343672.259.244 %
201244718.02-2912.96-6.116 %44229.39831.051.915 %
201347206.842488.825.566 %45889.021659.623.752 %
201448959.61752.763.713 %47938.82049.784.467 %
201541929.75-7029.84-14.358 %48545.4606.61.265 %
201642948.941019.182.431 %51569.93024.56.23 %
201745553.9326056.065 %54110.252540.354.926 %
201848916.173362.237.381 %56273.042162.793.997 %
201947656.2-1259.97-2.576 %59270.732997.695.327 %
202047394.87-261.33-0.548 %58685.87-584.85-0.987 %
202152349.254954.3710.453 %62530.773844.896.552 %
202250506.52-1842.73-3.52 %69048.996518.2210.424 %
202354776.774270.258.455 %71684.032635.043.816 %
202456103.731326.972.422 %73551.931867.92.606 %

Germany Economic Phases (1960 - 2024)

From 1960 to 2024, Germany economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1966) indicating robust economic expansion
  • High Growth (1968–1980) indicating robust economic expansion
  • Contraction (1982–1984) indicating temporary slowdown
  • High Growth (1986–1988) indicating robust economic expansion
  • High Growth (1994–1995) indicating robust economic expansion
  • High Growth (2002–2004) indicating robust economic expansion
  • High Growth (2006–2008) indicating robust economic expansion
  • Contraction (2009–2010) indicating temporary slowdown
  • High Growth (2017–2018) indicating robust economic expansion
  • Contraction (2019–2020) indicating temporary slowdown
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1986 with an increase of 42.762%, while the largest decline was in 1981 at -15.894%.