Latest reading: Industrial production increased 28.7% on a year-on-year basis in March, following 16.6% growth in the prior month. March’s...
Industrial Production in Germany
The German economy recorded an average industrial production growth rate of -0.5% in the decade to 2024. In 2024, industrial production growth was -4.4%. For more industry information, visit our dedicated page.
Germany Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Germany from 2014 to 2025.
Source: Macrobond.
Germany Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 3.5 | -0.7 | -1.7 | -4.4 | -1.1 |
Industrial production drops in February
Latest reading: Industrial production declined 0.3% in calendar-adjusted month-on-month terms in February, following a flat reading in the previous month and undershooting market expectations. Relative to the previous month's figures, the reading for energy worsened in February (+0.3% on a seasonally adjusted month-on-month basis vs +11.3% in January). In contrast, readings picked up for manufacturing production (0.0% vs -0.2% in January), mining and quarrying (+5.2% vs -10.9% in January) and construction (-1.2% vs -2.6% in January). In calendar-adjusted year-on-year terms, industrial production flatlined in February, following a 0.9% drop in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects German industry projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for German industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German industry projections.
Want to get access to the full dataset of German industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Ireland: Industrial production returns to growth in February Latest reading: Industrial production was up 5.7% in seasonally adjusted month-on-month terms in February, following a 9.7% fall in the... -
Hungary: Industrial production falls in February Latest reading: Industrial production declined 1.3% on a year-on-year basis in February, following a 0.2% increase in the previous month....