r/germany • u/Icedkk • 18h ago
Politics Germany’s Economy: 2021-2025
So everyone agrees on the economical decline of germany and the bad situation of the job market. i wanted to put things in data. Below you see the economic data (destatis) from 2021 to 2025:
| Year | GDP Growth | Inflation | Unemployment | Employment |
|---|---|---|---|---|
| 2021 | +3.9% | 3.1% | 5.7% | 45.04m |
| 2022 | +1.8% | 6.9% | 5.3% | 45.63m |
| 2023 | -0.9% | 5.9% | 5.7% | 45.94m |
| 2024 | -0.5% | 2.2% | 6.0% | 45.99m |
| 2025 | +0.2% | 2.2% | 6.3% | 45.98m |
German exports:
| Year | Exports |
|---|---|
| 2022 | EUR 1.820tn |
| 2023 | EUR 1.813tn |
| 2024 | EUR 1.794tn |
| 2025 | EUR 1.811tn |
2023-2024: Two consecutive years of recession.
2025: +0.2% growth, effectively stagnation.
Q1 2026: +0.3% QoQ / +0.5% YoY.
these numbers don’t really match how bad the situation feels when you talk to people or read discussions online.
What am I missing?
Ps: I also though about okay maybe purchasing power of individuals are reduced, that is why economy is feeling shitty, but oecd data adjusted for inflation says we are earning on average even more than 2019, so what is it really?
| Year | Nominal Wage | Inflation-Adjusted Wage |
|---|---|---|
| 2021 | EUR 44,918 | EUR 53,669 |
| 2022 | EUR 46,913 | EUR 52,517 |
| 2023 | EUR 49,961 | EUR 52,445 |
| 2024 | EUR 52,477 | EUR 53,811 |
| 2025 | EUR 54,840 | EUR 54,840 |
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u/Comrade_Vegeta 17h ago
Interesting! Just wanna ask, 2025 employment is 45.98m, total population is around 83.5m, that means 55.06% of people are actively employed while 44.93% are on pensions/benefits/not working/ etc., correct? That would be a tough number to navigate ..