Forecast: Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP in Germany

In 2023, the contribution of wholesale, retail trade, restaurants, and hotels to Germany's GDP stood at 13.35%. Forecasted values suggest a slight decline from 2024 to 2028, reaching 13.29% by the end of the period. The year-on-year variations indicate minimal shifts, with annual changes staying below 0.1%, suggesting stability in this sector's GDP share.

Future trends to watch for include:

  • Impact of digital transformation and e-commerce expansion on traditional retail.
  • Changes in consumer behavior and preferences post-pandemic.
  • Potential shifts in tourism patterns affecting hotels and restaurants.

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