Carnival Forecasts €2 Billion Revenue Boost for Economy

Carnival Forecasts €2 Billion Revenue Boost for Economy

The economy can expect a revenue level during this carnival season comparable to that of the previous year. In a study by the Institute of German Economic Research (IW), the “Rheinische Post” reports that the analysts project national carnival earnings of €2 billion, even though this year’s session is considerably shorter (November 11 2025 - February 18 2026).

Cologne alone is projected to generate €850 million of that total, giving the city, which accounts for more than 40 % of overall sales, a pivotal role as a key economic driver in the carnival.

Overall earnings are about €100 million lower than last year. The previous season had 115 days and was 15 days longer than the current one, a difference largely attributed to the early Easter holiday in 2026.

Sectorwise, the IW figures show hospitality leading, with roughly €900 million flowing into catering. Retail also benefits, with €400 million expected from costumes, candy, and other carnival merchandise. Transportation services (buses and trains) are forecast to bring in around €290 million, while accommodation will generate about €210 million. Tickets and float construction together bring in an additional €162 million according to the analysts.

The study also highlights how carnival tourists in Cologne face higher overnight costs. On average, a stay during the main carnival days in Cologne costs almost €90 more than the comparison period, a 66 % price hike. In other cities such as Bremen or Rottweil prices rise by only a bit over ten percent, whereas in Düsseldorf and Mainz they actually fall slightly. This difference is partly explained by the fact that Düsseldorf and Mainz mainly attract regional visitors, while Cologne hosts guests from across Germany and abroad.