Germany imports of goods and services price index
Germany imports of goods and services price index stood at 122.01 in 2025, according to Deutsche Bundesbank. It is one of the indicators in the National accounts (annual) table (Value · Annual), with a complete series running from 1991 to 2025. The complete series with an interactive chart, free to download.
This indicator in the National accounts (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Price indices (deflators) | |||||||||||
| National accounts, Imports of goods and services, Price index | 122.01 | 121.1 | 121.54 | 125.34 | 107.96 | 100 | 102.3 | 102.48 | 100.53 | 97.84 | |
| National accounts, Terms of Trade, Price index | 99.66 | 99.24 | 97.95 | 93.94 | 97.51 | 100 | 98.17 | 97.46 | 98.22 | 99.12 |
Understanding germany imports of goods and services price index
Inbound shipments of foreign commodities, manufactured components, and external commercial expertise form the basis of this international trade deflator. It tracks the cost of all products and services procured by domestic residents from the rest of the world. This encompasses raw energy resources, consumer electronics, specialized foreign consulting, and cross-border licensing fees. Positioned as the exact counterpart to the outbound trade measure, it strictly monitors external cost pressures entering the domestic economy, leaving out entirely any locally sourced production. The index captures the financial burden of securing foreign inputs required by both domestic supply chains and final consumers.
Because international trade features volatile commodity cycles, particularly in energy and agricultural markets, period-on-period evaluations are required to detect sudden external price shocks before they permeate the broader economy. The index is highly sensitive to global supply chain disruptions and freight cost variations, which can drastically alter the landing price of imported goods. When comparing this metric with domestic inflation indicators, it is important to remember that imported intermediate goods will eventually influence domestic prices, though usually with a structural lag. Early data releases depend on provisional customs paperwork, with subsequent revisions incorporating exhaustive service trade ledgers and finalized tariff adjustments.
Frequently asked questions
- Are customs duties and import taxes included in this price measure?
- Standard import price indices generally measure the cost at the border before domestic tariffs, duties, or internal transport costs are applied.
- Does this include the cost of shipping goods from overseas?
- Yes, international freight and insurance services provided by foreign carriers are incorporated as imported services.
- How do global oil markets influence this specific indicator?
- Because energy products are heavily traded globally, fluctuations in crude oil and gas markets immediately and significantly impact the overall import deflator.