Germany: Gross Domestic Product Stagnates in the 3rd Quarter of 2025

Imagery Source: Wikimedia Commons / dronepicr
Information Source: Statistisches Bundesamt
Gross Domestic Product (GDP), 3rd quarter 2025: 0.0% compared to the previous quarter (price, seasonally and calendar adjusted) ; +0.3% compared to the same quarter of the previous year (price adjusted); +0.3% compared to the same quarter of the previous year (price and calendar adjusted)
Gross domestic product (GDP) remained unchanged in the third quarter of 2025 compared to the second quarter of 2025 (0.0%), after adjusting for price, seasonal, and calendar effects, following a decline in the previous quarter (revised -0.2% in the second quarter of 2025 compared to the previous quarter; previously: -0.3%). According to preliminary data, investment in equipment developed positively in the third quarter of 2025. Exports, however, decreased compared to the previous quarter, as further reported by the Federal Statistical Office (Destatis).
Gross domestic product increased compared to the previous year.
In comparison to the previous year, GDP in the third quarter of 2025 was 0.3% higher in real terms than in the third quarter of 2024. Adjusted for price and calendar effects, it was also 0.3% higher.
Revision of previous results
In addition to the initial calculation for the third quarter of 2025, the Federal Statistical Office, as usual, has also revised the previously published results for the preceding quarters and incorporated newly available statistical information into the calculations for the first and second quarters of 2025. The rate of change in price-adjusted GDP for the second quarter of 2025 was revised upwards by 0.1 percentage points. Detailed information on the recalculations can be found in the "Old-New Comparison" table at the end of this press release.
Methodological notes:
In all reports on economic indicators, the different comparison periods must be taken into account. The focus of economic monitoring is the comparison of seasonally and calendar-adjusted values ​​with the previous month/quarter. This allows for an assessment of short-term economic trends. Year-on-year comparisons serve as a longer-term benchmark and are largely independent of seasonal fluctuations.
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Statistisches Bundesamt
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