Europe · Eurostat + World Bank + FRED data · updated Oct 8, 2026
Germany economy forecast
For 2026 the model expects inflation of 2.3%, GDP growth of 1.0% and unemployment of 3.7% in Germany.
Industrial production
Index 2021=100, monthly, seasonally and calendar adjusted
90.3
in 12 months
HICP price index
2025=100, monthly, not seasonally adjusted
105.4
in 12 months
Monthly unemployment
Percent of labour force, monthly, seasonally adjusted
4.2%
in 12 months
Retail trade volume
Index 2021=100, monthly, seasonally and calendar adjusted
100.4
in 12 months
Inflation
CPI, annual %
2.3%
2026 forecast
GDP growth
Annual %
1.0%
2026 forecast
Unemployment
% of labor force, ILO modeled
3.7%
2026 forecast
GDP per capita
Current US$
$61,752
2026 forecast
Population
People
83.50M
2026 forecast
EUR/USD
USD per 1 EUR
1.1240
in 12 months
Germany at a glance, 2026–2028
| Indicator | Latest | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Inflation | 2.2% 2025 | 2.3% | 2.3% | 2.2% |
| GDP growth | 0.2% 2025 | 1.0% | 1.1% | 1.2% |
| Unemployment | 3.7% 2025 | 3.7% | 3.8% | 3.8% |
| GDP per capita | $60,496 2025 | $61,752 | $61,920 | $61,551 |
| Population | 83.49M 2025 | 83.50M | 83.47M | 83.48M |
Medians; each indicator's page shows its 80% range and backtest.
Other countries in Europe
All countriesStatistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.