Germany GDP: Q4 2025 (Preliminary)

Germany’s GDP rose +0.3% QoQ (vs +0.2% QoQ expected) and +0.4% YoY in Q4 2025, reflecting modest late-year economic expansion.
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Price-adjusted GDP increased +0.3% QoQ in Q4 (seasonally and calendar adjusted), indicating a moderate pickup from Q3.
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On a YoY basis, GDP was +0.6% higher than Q4 2024 (price adjusted), showing slightly stronger activity than a year earlier.
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After price and calendar adjustment, YoY growth was +0.4%, reflecting the impact of additional working days in the quarter.
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Household and government final consumption expenditures were cited as key contributors to the quarterly increase, pointing to domestic demand supporting growth.
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For full-year 2025, price-adjusted GDP rose +0.2% YoY (or +0.3% after price and calendar adjustment), confirming the initial annual estimate.
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Revisions lifted unadjusted quarterly GDP growth by +0.1 ppt in both Q1 and Q2 2025, while Q3 remained unchanged, indicating slightly stronger early-year momentum than previously reported.