Germany - Real Gross Domestic Product





Germany: Real Gross Domestic Product

Mnemonic GDP$.IDEU
Unit Ch. Vol. Index 2015=100, CDASA
Adjustments Calendar Adjusted and Seasonally Adjusted
Quarterly 0.29 %
Data 2023 Q4 107.68
2023 Q3 107.99

Series Information

Source Federal Statistical Office (FSO) - Germany
Release National Accounts
Frequency Quarterly
Start Date 3/31/1991
End Date 12/31/2023

Germany: GDP

Reference Last Previous Units Frequency
Government Consumption 2023 Q4 227.31 226.56 Bil. EUR, CDASA Quarterly
Investment 2023 Q4 251.86 232.67 Bil. EUR, CDASA Quarterly
Nominal Gross Domestic Product 2023 Q4 1,053 1,032 Bil. EUR, CDASA Quarterly
Private Consumption 2023 Q4 528.56 525.75 Bil. EUR, CDASA Quarterly
Real Government Consumption 2023 Q4 121.26 116.81 Ch. Vol. Index 2015=100, NSA Quarterly
Real Gross Domestic Product 2023 Q4 107.68 107.99 Ch. Vol. Index 2015=100, CDASA Quarterly
Real Investment 2023 Q4 122.06 107.34 Ch. Vol. Index 2015=100, NSA Quarterly
Real Private Consumption 2023 Q4 106.78 106.88 Ch. Vol. Index 2015=100, NSA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2008 489,610 470,440 ******* Annual
Real Fixed Investment (gross fixed capital formation) 2008 482,001 468,174 ******* Annual

Release Information

This dataset contains information regarding the national accounts expenditure approach in three forms:

  • unadjusted
  • seasonally and calendar day adjusted using X-13-ARIMA (developed by the United States Census Bureau)
  • seasonally and calendar day adjusted using BV4.1 (developed by the Federal Statistical Office of Germany (FSO))

The FSO states that this dataset covers the "private households" sector. However, this data matches the EUROSTAT "households and NPISHs" sector data. It appears that the FSO combines NPISHs with private household data in this dataset. This is a common practice for other sources that report national accounts by institutional sector.

A distinction is made between current revisions and major revisions that take place at larger intervals. In the current revisions, the quarters of up to four preceding years are revised once a year basically in connection with the calculation of the second quarter of a year. A revision of the four preceding quarters may be made for the calculations of the first quarter of a year. As the time calculations are made for the third and fourth quarter of a year, changes may result for the preceding quarters of the same year, but not for the previous year.

The major revisions of the entire time series with annual and quarterly data usually take place every five years and involve changes of concepts and classifications.