Germany nominal GDP, calendar and seasonally adjusted
Germany nominal GDP, calendar and seasonally adjusted stood at 1,171.7 EUR billion in Q2 2026, according to Deutsche Bundesbank. It is one of the indicators in the Quarterly national accounts table (Value · Quarterly), with a complete series running from Q1 1991 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Quarterly national accounts table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Overall economy | |||||||||||
| 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 | |
| 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 |
Understanding germany nominal GDP, calendar and seasonally adjusted
Unadjusted for inflation, this series captures the current-price monetary value of all finished output within national borders. It encompasses private consumption, government spending, gross fixed capital formation, and net exports, serving as the baseline measure of economic size in the national accounts. This aggregate stands distinct from volume metrics that actively remove price effects to isolate real physical and service production.
Both calendar and seasonal adjustments have been applied, removing distortions from varying numbers of working days, leap years, and regular seasonal cycles like agricultural harvests or winter construction lulls. Consequently, the series supports direct sequential quarter-on-quarter comparisons without calendar bias. Because it is sensitive to price changes, it should not be used to gauge actual production growth, but rather the total flow of income and expenditure across the economy.
Frequently asked questions
- Are intermediate goods like raw materials counted in this total?
- No, only final goods and services are included to prevent double-counting the materials used during the production process.
- Does this figure reflect the depreciation of national infrastructure?
- This is a gross measure, meaning it does not subtract the wear and tear on fixed assets or the consumption of fixed capital.
- How do changes in inventory affect this metric?
- Goods produced but not yet sold are counted as inventory investment, meaning they add to the total in the period they are manufactured.