Press release No. 158 of 30 April 2025
Gross domestic product (GDP), 1st quarter of 2025
0.2% on the previous quarter (price, seasonally and calendar adjusted)
-0.4% on the same quarter a year earlier (price adjusted)
-0.2% on the same quarter a year earlier (price and calendar adjusted)
WIESBADEN – The gross domestic product (GDP) grew by 0.2% in the first quarter of 2025 compared with the fourth quarter of 2024 - following adjustment for price, seasonal and calendar variations - after decreasing at the end of 2024 (-0.2% in the fourth quarter of 2024 compared with the third quarter of 2024). The Federal Statistical Office (Destatis) also reports that both household final consumption expenditure and capital formation were higher than in the previous quarter.
Gross domestic product down year on year
GDP in the first quarter of 2025 was down a price adjusted 0.4% compared with the first quarter of 2024. After price and calendar adjustment, GDP was 0.2% lower than in the same quarter of the previous year.
Revision of previous results
In addition to calculating data for the first quarter of 2025, as usual the Federal Statistical Office also reviewed the results published earlier for the previous year and included new statistical information in the calculation of the results. This did not result in any changes for the quarterly price adjusted GDP data published so far.
Methodological notes:
The differing comparative periods must be taken into account in all press releases on short-term indicators. Short-term economic monitoring focuses on comparisons of seasonally and calendar adjusted figures with those of the previous month or quarter. These reflect short-term economic trends. Year-on-year comparisons enable long-term comparisons of levels and are largely unaffected by seasonal fluctuations.
| Unadjusted figures | Figures according to X13 price adjusted | |||||||
|---|---|---|---|---|---|---|---|---|
| At current prices | Price adjusted, chain-linked | Seasonally and calendar adjusted | Calendar adjusted | |||||
| EUR billion | % 1 | 2020 = 100 | % 1 | 2020 = 100 | % 2 | % 1 3 | ||
| 1 Change on the previous year or on the same quarter of the previous year in % 2 Change on the previous year or on the previous quarter in %. 3 For full years, the calendar adjusted values are equal to the seasonally and calendar adjusted values (except for rounding discrepancies). qtr = quarter | ||||||||
| 2024 | 4,305.26 | 2.9 | 104.56 | -0.2 | 104.63 | -0.2 | -0.2 | |
| 2024 | 1st qtr | 1,064.83 | 3.0 | 104.90 | -0.8 | 104.86 | 0.2 | -0.1 |
| 2nd qtr | 1,060.79 | 3.6 | 103.12 | 0.1 | 104.55 | -0.3 | -0.3 | |
| 3rd qtr | 1,078.22 | 2.8 | 105.10 | 0.1 | 104.66 | 0.1 | -0.3 | |
| 4th qtr | 1,101.42 | 2.1 | 105.14 | -0.4 | 104.45 | -0.2 | -0.2 | |
| 2025 | 1st qtr | 1,086.91 | 2.1 | 104.44 | -0.4 | 104.67 | 0.2 | -0.2 |
More information:
Detailed results for the first quarter of 2025 will be released by the Federal Statistical Office on 23 May 2025.
A long time series containing quarterly results on the gross domestic product since the first quarter of 1970 is available in the “Volkswirtschaftliche Gesamtrechnungen” (only in German) statistical report.
Germany's GDP can also be found on the Economic Dashboard, which is part of Dashboard Germany (www.dashboard-deutschland.de) (only in German). In this data portal, the Federal Statistical Office brings together up-to-date indicators from official statistics producers and other data providers on the topics of the economy, finance, the labour market, construction, housing, energy and Ukraine. The portal also contains the Economic Pulse Monitor tool (Pulsmesser Wirtschaft) (only in German) for real-time economic monitoring.
