Germany quarterly national accounts: GDP, expenditure, output and income

Name: Germany quarterly national accounts: GDP, expenditure, output and income
Creator: Deutsche Bundesbank
License: https://creativecommons.org/licenses/by/4.0/

The three ways of measuring German GDP each quarter, on one page: the expenditure approach with consumption, investment, inventories and net exports and their growth contributions; the output approach with gross value added by economic sector; and the income approach with national income, household income, labour productivity and unit labour costs.

Source: Deutsche BundesbankLast updated: Sep 14, 2026, 11:10Curated by Bui Thanh PhucAbout this data ↓

Indicator	Q2-2026	Q1-2026	Q4-2025	Q3-2025	Q2-2025	Q1-2025	Q4-2024	Q3-2024	Q2-2024	Q1-2024	Q4-2023	Q3-2023	Q2-2023
By expenditure3
At current prices4
Domestic demand, calendar and seasonally adjusted5	1,145.53	1,128.66	1,127.99	1,112.49	1,104	1,090.84	1,078.34	1,064.52	1,049.39	1,039.62	1,032.49	1,029.34	1,026.2
Government consumption, seasonally adjusted only	265.18	261.61	260.69	255.02	251	246.1	244.86	242.27	237.08	230.02	232.37	226.55	221.73
Private consumption, calendar and seasonally adjusted	629.18	623.22	622.24	613.03	609.9	607.45	598.98	591.34	587.03	582.3	573.32	570.37	569.99
Machinery and equipment, calendar and seasonally adjusted	68.57	69.2	69.89	67.69	66.67	67.81	67.44	66.88	67.12	68.5	68.62	70.27	69.55
Premises, calendar and seasonally adjusted	120.28	116.98	118.09	116.52	116.45	116.84	115.14	113.77	113.49	114.77	111.77	113.74	114.86
Changes in inventories and net increase in valuables, calendar and seasonally adjusted	15.88	11.74	11.87	15.41	15.64	8.7	8.01	6.73	1.67	1.6	3.92	6.49	8.67
Exports of goods and services, calendar and seasonally adjusted	488.21	471.02	453.1	450.92	454.74	463.22	452.74	452.52	457.17	453.31	458.13	453.16	453.32
Imports of goods and services, calendar and seasonally adjusted	462.05	440.02	431.87	426.22	429.46	432.51	420.92	417.79	414.17	405.31	409.83	412.54	421.41
Net Exports of goods and services, calendar and seasonally adjusted	26.16	31	21.23	24.7	25.28	30.71	31.83	34.73	43	48	48.3	40.63	31.91
Price-adjusted (chain-linked index, 2020=100)3
Domestic demand, calendar and seasonally adjusted4	108.73	108.59	108.92	108.35	108.17	107.37	107.28	106.66	105.55	105.39	104.74	105.81	106.34
Government consumption, seasonally adjusted only	110.88	110.72	109.71	108.44	107.61	106.71	107.46	107.28	106.1	104.3	103.1	102.45	101.77
Private consumption, calendar and seasonally adjusted	111.67	111.53	112.18	111.11	111.22	111.37	110.72	109.89	109.56	109.36	108.16	108.44	108.99
Machinery and equipment, calendar and seasonally adjusted	101.21	102.64	104.37	101.52	100.37	102.47	102.63	102.28	102.98	105.61	106.34	109.19	108.7
Premises, calendar and seasonally adjusted	83.32	83.22	84.73	84.25	84.71	85.77	85.21	84.73	85.23	86.91	85.46	87.44	88.52
Exports of goods and services, calendar and seasonally adjusted	114.84	112.64	110.03	110.18	110.96	112.35	110.66	111.33	112.91	112.27	113.62	113.13	112.68
Imports of goods and services, calendar and seasonally adjusted	122.76	120.9	120.24	119.64	119.93	119.22	117.38	117.1	116.17	114.62	115.14	116.46	117.71
Contribution to GDP growth (percentage points)2
Domestic demand5	0.1	-0.3	0.5	0.2	0.7	0.1	0.6	1	0.2	0.6	-1	-0.5	0.6
Private consumption	0.1	-0.3	0.5	-0.1	-0.1	0.3	0.4	0.2	0.1	0.6	-0.1	-0.3	0.5
Government consumption	0	0.2	0.3	0.2	0.2	-0.2	0	0.2	0.4	0.3	0.1	0.1	0
Machinery and equipment	-0.1	-0.1	0.2	0.1	-0.1	0	0	0	-0.2	0	-0.2	0	0.1
Premises	0	-0.2	0.1	-0.1	-0.1	0.1	0.1	-0.1	-0.2	0.2	-0.2	-0.1	0
Changes in inventories and net increase in valuables	0.1	0.1	-0.5	0	0.8	-0.1	0	0.7	0	-0.4	-0.6	-0.3	0.1
Net Exports of goods and services2	0.2	0.7	-0.3	-0.2	-0.7	0	-0.3	-0.9	-0.3	-0.3	0.7	0.6	-0.7
Exports of goods and services	0.8	0.9	-0.1	-0.3	-0.5	0.6	-0.3	-0.6	0.2	-0.5	0.2	0.2	-0.8
Imports of goods and services	-0.6	-0.2	-0.2	0.1	-0.2	-0.6	-0.1	-0.3	-0.5	0.2	0.5	0.5	0.1
Gross value added by industry2
At current prices1
All economic sectors, calendar and seasonally adjusted10	1,064.56	1,048.75	1,047.07	1,028.9	1,023.36	1,012.42	1,008.02	995.15	992.37	986.57	991.13	976.22	964.94
Real estate activities, seasonally adjusted only	114.47	113.22	112.38	111.23	110.78	109.79	109.11	109.01	109.1	108.3	105.32	104.09	101.98
Agriculture, forestry and fishing, calendar and seasonally adjusted	7.48	8.07	8.8	9.8	9.87	9.8	9.56	9.81	9.84	9.41	9.37	10.06	9.23
Production sector (excluding construction), calendar and seasonally adjusted	245.55	238.85	242.79	233.34	232.66	231.37	238.57	230.3	230.99	232.28	241.77	232.81	233.73
Construction, calendar and seasonally adjusted	54.68	53.28	52.96	52.29	51.79	51.99	50.9	50.32	50.01	50.62	47.56	47.34	46.57
Wholesale / retail trade, transport and storage, hotel and restaurant services, calendar and seasonally adjusted	171.38	169.01	166.88	165.73	164.85	164.08	163.97	162.17	160.63	160.54	162.47	162.5	159.09
Business services, calendar and seasonally adjusted	125.37	124.79	124.02	122.83	122.22	120.23	118.76	118.73	118.7	117.42	117.54	117.1	115.4
Financial and insurance activities, calendar and seasonally adjusted	41.31	41.15	40.98	40	39.56	38.39	38.03	38.03	38.25	37.8	37.4	37.4	37.6
Public services, education and health, calendar and seasonally adjusted	217.11	213.87	212.46	209.08	207.82	203.94	198.01	196.01	194.34	190.44	189.62	185.39	183.19
Other services, calendar and seasonally adjusted	36.06	35.71	35.69	35.39	35.07	34.43	33.96	33.74	33.52	33.07	32.57	32.12	31.64
Information and communication, calendar and seasonally adjusted	51.15	50.82	50.12	49.22	48.75	48.4	47.16	47.03	46.98	46.69	47.52	47.39	46.53
Price-adjusted (chain-linked index, 2020=100)1
All economic sectors, calendar and seasonally adjusted10	106.93	106.46	106.13	105.81	105.73	105.85	105.4	105.69	105.86	105.97	106.19	105.5	105.14
Real estate activities, seasonally adjusted only	114.2	113.5	113.09	112.63	112.26	112.17	111.44	111.96	111.83	111.3	108.82	107.74	106.14
Agriculture, forestry and fishing, calendar and seasonally adjusted	104.02	104.49	105.36	105.39	104.59	104.49	103.02	103.56	103.71	103.95	107.46	107.27	107.65
Production sector (excluding construction), calendar and seasonally adjusted	102.99	102.28	101.99	101.72	102.08	102.13	102.02	102.4	103.05	103.9	104.48	101.87	102.66
Construction, calendar and seasonally adjusted	77.06	77.11	77.59	77.98	78.33	79.88	79.44	80.24	81.24	83.01	80.42	81.35	81.96
Wholesale / retail trade, transport and storage, hotel and restaurant services, calendar and seasonally adjusted	107.26	106.9	106.32	106.53	106.21	106.51	105.89	105.76	105.03	105.55	108.96	108.84	107.26
Business services, calendar and seasonally adjusted	111.54	111.25	110.94	111.07	111.24	111.04	110.58	111.44	112.1	111.38	112.14	111.56	110.86
Financial and insurance activities, calendar and seasonally adjusted	91.56	92.25	91.87	91.29	91.3	92.24	92.53	94	95.39	96.54	96.94	97.2	97.47
Public services, education and health, calendar and seasonally adjusted	110.49	109.81	109.47	108.52	108.24	107.99	107.63	107.28	107.12	106.33	104.78	105.24	105.46
Other services, calendar and seasonally adjusted	120.49	120.32	120.51	119.77	119.59	119.47	119.55	120	119.58	118.51	117.82	117.83	116.65
Information and communication, calendar and seasonally adjusted	124.96	124.16	122.76	121.59	120.23	120.46	118.08	118.13	117.8	117.15	120.16	119.19	117.38
Income, productivity and unit labour costs6
Compensation of employees per hour worked by employees1
Compensation of employees per hour worked by employees, Whole economy, At current prices, seasonally adjusted only	127.94	125.42	125.31	123.82	123	120.89	119.12	117.14	115.84	115.76	115.26	112.2	110.67
Households' income7
Gross wages and salaries (residence concept)	525.93	519.83	514.59	511.35	505.89	500.24	494.4	488.47	484.11	479.79	472.45	462.94	458.33
Net wages and salaries (residence concept)	364.35	358.72	354.17	353.31	349.4	346.05	344.02	339.02	335.95	336.12	330.52	321.06	317.82
Disposable income / Including the increase in claims on company pension funds	697.43	692.48	691.07	684.25	677.08	672.21	671.63	665.91	659.84	654.2	639.62	634.84	635.39
Saving	70.33	69.6	69.94	70.73	67.73	67.11	74.4	74.17	73.21	70.55	67.76	65.13	66.48
Saving ratio	10.1	10.1	10.1	10.3	10	10	11.1	11.1	11.1	10.8	10.6	10.3	10.5
Monetary social benefits received (net)	168.25	166.42	164.15	162.18	160.48	159.14	157.89	156.56	153.91	151.47	148.82	146.14	143.94
Mass income	532.59	525.14	518.32	515.49	509.88	505.18	501.91	495.58	489.86	487.59	479.35	467.2	461.76
Labour productivity per hour worked by persons in employment1
Labour productivity per hour worked by persons in employment, Whole economy, Chain-linked index, seasonally adjusted only	102.8	101.72	101.56	101.32	101.36	100.67	100.19	100.07	99.85	100.56	100.92	100.35	100.13
Overall economy7
National income, At current prices, seasonally adjusted only	875.68	858.17	855.31	846.67	839.74	826.63	819.19	817.87	820.36	813.15	808.78	799.12	783.07
Entrepreneurial and property income, At current prices, seasonally adjusted only	237.38	227.26	227.49	224.73	225.13	218.91	218.84	225.99	234.72	232.8	235.87	237.98	228.71
Compensation of employees (residence concept), At current prices, seasonally adjusted only	638.3	630.91	627.82	621.94	614.61	607.72	600.35	591.88	585.64	580.35	572.91	561.14	554.36
GDP, Price index, seasonally adjusted only	126.81	125.93	125.35	124.36	123.46	122.6	121.49	120.57	119.94	119.25	118.76	117.2	116.09
GDP, At current prices, calendar and seasonally adjusted	1,171.7	1,159.66	1,149.22	1,137.19	1,129.28	1,121.55	1,110.17	1,099.24	1,092.38	1,087.62	1,080.8	1,069.96	1,058.11
Employees, At current prices, calendar and seasonally adjusted	42.08	42.12	42.17	42.2	42.24	42.25	42.24	42.22	42.23	42.19	42.15	42.12	42.1
GDP, Chain-linked index, calendar and seasonally adjusted	106.26	105.91	105.44	105.16	105.19	105.21	105.08	104.85	104.74	104.88	104.66	104.98	104.82
Unit labor costs per unit of turnover on an hourly basis2
At current prices	98.12	97.9	98.42	98.25	98.27	97.93	97.84	97.08	96.71	96.51	96.16	95.38	95.19
Chain-linked index	124.46	123.3	123.39	122.21	121.35	120.09	118.89	117.06	116.01	115.12	114.21	111.81	110.53
Unit labour costs per hour7
Production sector (excluding construction)	119.8	119.33	118.85	117.59	117.35	117.23	116.36	113.68	112.92	113.16	109.77	111.99	109.45
Construction	164.08	161.23	159.78	156.77	157.05	152.53	154	148.61	144.82	143.69	146.08	143.86	141.66
Wholesale, retail trade, transport and storage, hotel and restaurant services	120.65	120.18	120.36	118.39	118.32	117.53	117.2	115.96	115.81	112.54	108.99	107.1	108.33
Business services	126.97	126.77	124.43	123.99	124.06	122.16	120.92	117.46	114.68	115.66	114.23	112.11	110.63
Financial and insurance activities	150.01	144.62	143.11	142.24	140.92	136.77	132.81	128.73	124.36	126.71	116.55	114.61	112.19
Real estate activities	135.35	134.19	134.76	132.87	131.28	128.49	126.24	126.25	126.16	126.45	122.51	120.75	121.05
Information and communication	121.79	120.73	120.52	121.36	120.82	119.63	121.21	118.14	118.34	116.06	109.44	109.43	110.39

Latest reading

Government consumption, seasonally adjusted only stood at 265.18 EUR billion in Q2 2026. That is +1.4% from Q1 2026 and +5.6% from a year earlier. The series on this page is quarterly and runs from Q1 1991 to Q2 2026. Source: Deutsche Bundesbank.

Latest: 265.18 EUR billion; Q2 2026
vs previous period: +1.4%; Q1 2026
vs a year earlier: +5.6%