Germany GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$4,685.59

Source: world bank Nominal/PPP
Summary:

Germany GDP Per Capita expanded from 1960 to 2024, increasing from $84.62 to $4,685.59 .The compound annual growth rate (CAGR) averaged 6.47% 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 24.17%, 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$)
Latest Year20242024
Latest GDP Per Capita$ 4,685.59 dollars$ 6,037.85 Int dollars
Growth (YoY)2.704%4.761%
Net Change vs Previous Year$ 123.38 dollars$ 274.38 Int dollars
% of World GDP Per Capita4.22%3.04%
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
196084.62-----
196196.5611.9414.108 %---
1962105.99.349.67 %---
1963112.236.345.985 %---
1964123.3311.19.887 %---
1965134.7811.459.28 %---
1966143.38.536.328 %---
1967145.11.81.254 %---
1968156.5311.437.875 %---
1969177.7321.2113.548 %---
1970216.6338.921.885 %---
1971250.934.2715.821 %---
1972300.95019.928 %---
1973399.8398.9332.879 %---
1974446.9447.111.78 %---
1975492.4345.510.18 %---
1976521.6629.235.935 %---
1977602.781.0415.535 %---
1978743.18140.4923.309 %---
1979884.57141.3919.025 %---
1980953.7769.27.823 %---
1981803.41-150.37-15.766 %---
1982779.42-23.98-2.985 %---
1983773.51-5.91-0.759 %---
1984727.77-45.74-5.913 %---
1985735.227.451.024 %---
19861050.09314.8742.827 %---
19871302.93252.8424.078 %---
19881406.37103.447.939 %---
19891404.09-2.28-0.162 %---
19901778.16374.0726.641 %1550.61--
19911875.7997.635.491 %1684.94134.338.663 %
19922141.38265.5914.159 %1758.1273.184.343 %
19932078.95-62.43-2.915 %1780.5822.461.278 %
19942215.28136.336.558 %1863.8683.284.677 %
19952593.05377.7717.053 %1928.8264.963.485 %
19962506.58-86.47-3.335 %1979.0750.252.605 %
19972218.79-287.79-11.481 %2021.6442.572.151 %
19982247.7628.971.306 %2087.6265.983.264 %
19992213.87-33.89-1.508 %2177.1389.514.288 %
20001966.98-246.89-11.152 %2258.1781.043.722 %
20011966.38-0.6-0.031 %2361.56103.394.578 %
20022102.35135.976.915 %2434.5472.983.09 %
20032534.72432.3720.566 %2501.2266.682.739 %
20042852.32317.612.53 %2620.5119.284.769 %
20052893.3941.071.44 %2664.944.41.694 %
20063046.31152.925.285 %2862.48197.587.414 %
20073484.06437.7514.37 %3036.89174.416.093 %
20083808.2324.149.304 %3156.6119.713.942 %
20093478.55-329.65-8.656 %3075.8-80.8-2.56 %
20103467.09-11.46-0.329 %3249.04173.245.632 %
20113823.58356.4910.282 %3483.8234.767.226 %
20123596.48-227.1-5.939 %3557.1973.392.107 %
20133807.02210.545.854 %3700.75143.564.036 %
20143964.87157.854.146 %3882.2181.454.903 %
20153425.1-539.77-13.614 %3966.5784.372.173 %
20163536.79111.693.261 %4246.71280.147.063 %
20173765.35228.566.462 %4472.59225.885.319 %
20184055.43290.087.704 %4665.36192.774.31 %
20193959.89-95.54-2.356 %4924.98259.625.565 %
20203941.4-18.49-0.467 %4880.37-44.61-0.906 %
20214355.25413.8510.5 %5202.31321.946.597 %
20224201.02-154.23-3.541 %5663.89461.588.873 %
20234562.21361.198.598 %5763.4799.581.758 %
20244685.59123.382.704 %6037.85274.384.761 %

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 (1990–1992) 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 42.827%, while the largest decline was in 1981 at -15.766%.