In 2023, Germany's GDP composition by sector was primarily driven by services at 38.98%, followed closely by mining, manufacturing, and utilities at 30.26%. The wholesale, retail trade, restaurants, and hotels sector accounted for 13.5%, with transport, storage, and communication at 10.93%. Construction contributed 5.6%, while agriculture, hunting, forestry, and fishing represented just 0.72% of the GDP. Over the past two years, trends show stable growth in services and a slight uptick in manufacturing and utilities. However, the wholesale, retail, and hospitality sector experienced marginal variations during this period.
Future trends to watch include technological advancements driving the services sector and potential fluctuations in manufacturing due to global supply chain dynamics. The construction industry might see moderate growth, while agriculture remains a minor component. Germany's focus on green energy and digitalization could further influence sectoral shifts in the coming years.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 38.98 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 30.26 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 13.5 | 2016 | |
| 4 | 4 Transport, storage and communication | 10.93 | 2016 | |
| 5 | 5 Construction | 5.6 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 0.72 | 2016 |
