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 | -0.6 | -1.7 | -4.4 | -0.7 |
Industrial production speeds up in May
Latest reading: Industrial production was up 0.9% in calendar-adjusted month-on-month terms in May, following a 0.2% rise in the previous month. May's reading was the strongest since September 2025. Relative to the previous month's figures, readings in May improved for manufacturing (+0.8% in seasonally adjusted month-on-month terms vs +0.3% in April), mining and quarrying (+0.6% vs -7.6% in April), energy (+0.8% vs +0.5% in April) and construction (+0.9% vs +0.3% in April). On a calendar-adjusted year-on-year basis, industrial production was unchanged in May, following a 0.9% fall in the prior month.
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 14 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.
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