Unemployment in Germany
Germany's unemployment rate over the last decade remained notably lower than the Euro area average, showcasing the country's effective labor policies. Even during the COVID-19 pandemic, Germany's unemployment rate increased only marginally, thanks to strong social safety nets and job support schemes.
In the year 2024, the unemployment in Germany was 5.98%, compared to 6.69% in 2014 and 5.67% in 2023. It averaged 5.78% over the last decade. For more unemployment information, visit our dedicated page.
Germany Unemployment Chart
Note: This chart displays Unemployment Rate for Germany from 2024 to 2023.
Source: Macrobond.
Germany Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 5.0 | 5.9 | 5.7 | 5.3 | 5.7 |
| Unemployment (% of active population, eop) | 5.0 | 6.1 | 5.2 | 5.5 | 5.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects German unemployment projections for the next ten years from a panel of 17 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 unemployment forecast available for German unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German unemployment projections.
Want to get access to the full dataset of German unemployment forecasts? Send an email to info@focus-economics.com.