Europe · World Bank + FRED data · updated Sep 28, 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.

Inflation

CPI, annual %

2.3%

2026 forecast

Latest · 2025: 2.2%▲ +0.1 pp

GDP growth

Annual %

1.0%

2026 forecast

Latest · 2025: 0.2%▲ +0.7 pp

Unemployment

% of labor force, ILO modeled

3.7%

2026 forecast

Latest · 2025: 3.7%■ 0.0 pp

GDP per capita

Current US$

$61,752

2026 forecast

Latest · 2025: $60,496▲ +2.1%

Population

Population, total

83.50M

2026 forecast

Latest · 2025: 83.49M■ 0.0%

USD/EUR

EUR per 1 USD

0.8897

in 12 months

Last close · Sep 25, 2026: 0.8772▲ +1.4%

Germany at a glance, 2026–2028

IndicatorLatest202620272028
Inflation2.2% 20252.3%2.3%2.2%
GDP growth0.2% 20251.0%1.1%1.2%
Unemployment3.7% 20253.7%3.8%3.8%
GDP per capita$60,496 2025$61,752$61,920$61,551
Population83.49M 202583.50M83.47M83.48M

Medians; each indicator's page shows its 80% range and backtest.

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Statistical 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.