Germany’s GDP Upslightly in Q1 Despite Year-on-Year Decline.

Germany's GDP Upslightly in Q1 Despite Year-on-Year Decline.

The gross domestic product (GDP) in Germany increased by 0.2 percent, seasonally and calendar-adjusted, compared to the previous quarter in the first quarter of 2025. As reported by the Federal Statistical Office (Destatis) on Wednesday, both private consumption expenditures and investments were higher than in the previous quarter. At the end of 2024, the GDP had decreased (-0.2 percent in the fourth quarter of 2024 compared to the third quarter of 2024).

Compared to the first quarter of 2024, the GDP in the first quarter of 2025 was 0.4 percent lower on a price-adjusted basis and 0.2 percent lower on a price and calendar-adjusted basis.

In addition to calculating the first quarter of 2025, the federal agency also revised the previously published results of the previous year and incorporated newly available statistical information into the calculations of the results. However, no changes were made to the previously published results for quarterly price-adjusted GDP.