Press release No. 278 of 30 July 2025
Gross domestic product (GDP), 2nd quarter of 2025
-0.1% on the previous quarter (price, seasonally and calendar adjusted)
0.0% on the same quarter a year earlier (price adjusted)
+0.4% on the same quarter a year earlier (price and calendar adjusted)
WIESBADEN – The gross domestic product (GDP) fell by 0.1% in the second quarter of 2025 compared with the first quarter of 2025 - following adjustment for price, seasonal and calendar variations - after increasing at the start of 2025 (by a revised +0.3% in the first quarter of 2025 compared with the previous quarter; previously: +0.4%). Based on the provisional results available, the Federal Statistical Office (Destatis) also reports that gross fixed capital formation in machinery and equipment and in construction in the second quarter of 2025 was lower than in the previous quarter. On the other hand, household and government final consumption expenditure increased after price, seasonal and calendar adjustment.
Gross domestic product unchanged year on year
After price adjustment, GDP in the second quarter of 2025 was at the same level as it was in the second quarter of 2024 (0.0%). However, there was one working day less in the second quarter of 2025. After price and calendar adjustment, GDP was up 0.4% on the same quarter a year earlier.
Revision of previous results back to the year 2008
As is usual at this time of the year, the Federal Statistical Office also reviewed the results previously published from 2021 onwards and included new statistical information in the calculation of the results. This resulted in changes of -0.7 to +0.6 percentage points for the quarterly price adjusted GDP data published so far. Detailed data on the recalculations are shown in the table comparing old and new figures at the end of this press release.
Departing from the usual approach taken at this time, the results for the years 2008 to 2020 were also reviewed, with only minor adjustments - of no more than 0.1 percentage points - made to the price adjusted GDP. The main reason for the revision was the integration of analysis results regarding the business activities of multinational enterprise groups. These are better represented in the current results. The Federal Statistical Office will provide more information on these revisions with the publication of detailed results on economic performance in the second quarter of 2025, which is scheduled for 22 August 2025.
Methodological notes:
The differing comparative periods must be taken into account in all press releases on short-term indicators. Short-term economic monitoring focuses on comparisons of seasonally and calendar adjusted figures with those of the previous month or quarter. These reflect short-term economic trends. Year-on-year comparisons enable long-term comparisons of levels and are hardly influenced by seasonal fluctuations.
| Unadjusted figures | Figures according to X13 price adjusted | |||||||
|---|---|---|---|---|---|---|---|---|
| At current prices | Price adjusted, chain-linked | Seasonally and calendar adjusted | Calendar adjusted | |||||
| EUR billion | % 1 | 2020 = 100 | % 1 | 2020 = 100 | % 2 | % 1 3 | ||
| 1 Change on the previous year or on the same quarter of the previous year in % 2 Change on the previous year or on the previous quarter in %. 3 For full years, the calendar adjusted values are equal to the seasonally and calendar adjusted values (except for rounding discrepancies). qtr = quarter | ||||||||
| 2021 | 3,682.34 | 6.7 | 103.91 | 3.9 | 103.66 | 3.9 | 3.9 | |
| 2022 | 3,989.39 | 8.3 | 105.79 | 1.8 | 105.61 | 1.9 | 1.9 | |
| 2023 | 4,219.31 | 5.8 | 104.87 | -0.9 | 104.90 | -0.7 | -0.7 | |
| 2024 | 4,328.97 | 2.6 | 104.35 | -0.5 | 104.41 | -0.5 | -0.5 | |
| 2021 | 1st qtr | 887.59 | 0.7 | 101.69 | -0.7 | 101.68 | -0.6 | -0.5 |
| 2nd qtr | 896.18 | 12.7 | 102.67 | 12.0 | 104.07 | 2.4 | 11.6 | |
| 3rd qtr | 932.31 | 7.0 | 104.48 | 2.8 | 104.16 | 0.1 | 2.8 | |
| 4th qtr | 966.26 | 7.0 | 106.81 | 2.4 | 104.72 | 0.5 | 2.4 | |
| 2022 | 1st qtr | 973.14 | 9.6 | 105.77 | 4.0 | 105.43 | 0.7 | 3.7 |
| 2nd qtr | 976.13 | 8.9 | 104.20 | 1.5 | 105.59 | 0.2 | 1.4 | |
| 3rd qtr | 1,002.38 | 7.5 | 106.17 | 1.6 | 105.90 | 0.3 | 1.7 | |
| 4th qtr | 1,037.74 | 7.4 | 107.02 | 0.2 | 105.53 | -0.3 | 0.8 | |
| 2023 | 1st qtr | 1,043.52 | 7.2 | 105.74 | 0.0 | 105.03 | -0.5 | -0.3 |
| 2nd qtr | 1,031.88 | 5.7 | 103.04 | -1.1 | 104.95 | -0.1 | -0.7 | |
| 3rd qtr | 1,055.50 | 5.3 | 104.77 | -1.3 | 104.95 | 0.0 | -0.9 | |
| 4th qtr | 1,088.41 | 4.9 | 105.92 | -1.0 | 104.66 | -0.3 | -0.8 | |
| 2024 | 1st qtr | 1,071.63 | 2.7 | 104.57 | -1.1 | 104.55 | -0.1 | -0.4 |
| 2nd qtr | 1,063.85 | 3.1 | 102.74 | -0.3 | 104.28 | -0.3 | -0.7 | |
| 3rd qtr | 1,083.07 | 2.6 | 104.58 | -0.2 | 104.30 | 0.0 | -0.6 | |
| 4th qtr | 1,110.42 | 2.0 | 105.50 | -0.4 | 104.49 | 0.2 | -0.2 | |
| 2025 | 1st qtr | 1,098.21 | 2.5 | 104.58 | 0.0 | 104.81 | 0.3 | 0.3 |
| 2nd qtr | 1,094.52 | 2.9 | 102.76 | 0.0 | 104.73 | -0.1 | 0.4 | |
| New result | Previous result | Difference | |||||
|---|---|---|---|---|---|---|---|
| Figures adjusted for seasonal and calendar effects using X13 | Unadjusted figures | Figures adjusted for seasonal and calendar effects using X13 | Unadjusted figures | Figures adjusted for seasonal and calendar effects using X13 | Unadjusted figures | ||
| 1 Seasonally and calendar adjusted figures: change on the previous year or on the previous quarter unadjusted figures: change on the previous year or on the same quarter of the previous year qtr = quarter | |||||||
| Change, percent 1 | Percentage points | ||||||
| 2021 | 3.9 | 3.9 | 3.6 | 3.7 | 0.3 | 0.2 | |
| 2022 | 1.9 | 1.8 | 1.4 | 1.4 | 0.5 | 0.4 | |
| 2023 | -0.7 | -0.9 | -0.1 | -0.3 | -0.6 | -0.6 | |
| 2024 | -0.5 | -0.5 | -0.2 | -0.2 | -0.3 | -0.3 | |
| 2021 | 1st qtr | -0.6 | -0.7 | -1.1 | -1.0 | 0.5 | 0.3 |
| 2nd qtr | 2.4 | 12.0 | 2.5 | 11.9 | -0.1 | 0.1 | |
| 3rd qtr | 0.1 | 2.8 | 0.0 | 2.6 | 0.1 | 0.2 | |
| 4th qtr | 0.5 | 2.4 | 0.6 | 2.1 | -0.1 | 0.3 | |
| 2022 | 1st qtr | 0.7 | 4.0 | 0.2 | 3.7 | 0.5 | 0.3 |
| 2nd qtr | 0.2 | 1.5 | 0.0 | 0.9 | 0.2 | 0.6 | |
| 3rd qtr | 0.3 | 1.6 | 0.6 | 1.3 | -0.3 | 0.3 | |
| 4th qtr | -0.3 | 0.2 | -0.5 | -0.4 | 0.2 | 0.6 | |
| 2023 | 1st qtr | -0.5 | 0.0 | 0.1 | 0.6 | -0.6 | -0.6 |
| 2nd qtr | -0.1 | -1.1 | -0.2 | -0.4 | 0.1 | -0.7 | |
| 3rd qtr | 0.0 | -1.3 | 0.2 | -0.7 | -0.2 | -0.6 | |
| 4th qtr | -0.3 | -1.0 | -0.4 | -0.4 | 0.1 | -0.6 | |
| 2024 | 1st qtr | -0.1 | -1.1 | 0.2 | -0.8 | -0.3 | -0.3 |
| 2nd qtr | -0.3 | -0.3 | -0.3 | 0.1 | 0.0 | -0.4 | |
| 3rd qtr | 0.0 | -0.2 | 0.1 | 0.1 | -0.1 | -0.3 | |
| 4th qtr | 0.2 | -0.4 | -0.2 | -0.4 | 0.4 | 0.0 | |
| 2025 | 1st qtr | 0.3 | 0.0 | 0.4 | -0.2 | -0.1 | 0.2 |
| 2nd qtr | -0.1 | 0.0 | x | x | x | x | |
More information:
Detailed results for the second quarter of 2025 will be released by the Federal Statistical Office on 22 August 2025.
A long time series containing quarterly results on the gross domestic product since the first quarter of 1970 is available in the "Volkswirtschaftliche Gesamtrechnungen” (only in German) statistical report.
Germany's GDP can also be found on the Economic Dashboard, which is part of Dashboard Germany www.dashboard-deutschland.de (only in German). In this data portal, the Federal Statistical Office brings together up-to-date indicators from official statistics producers and other data providers on the topics of the economy, finance, the labour market, construction, housing, energy and Ukraine. The portal also contains the Economic Pulse Monitor (Pulsmesser Wirtschaft) (only in German) tool for real-time economic monitoring.
