Germany Forecast: Unemployment Rate

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Germany Unemployment Rate Forecast

  • Germany Unemployment Rate is forecasted to be 3.334 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 3.274 % in Dec 2023
  • Looking ahead, Germany Unemployment Rate is projected to stand at 2.963 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Germany's Forecast: Unemployment Rate from 1980 to 2028 in the chart:

Germany Forecast: Unemployment Rate

What is Germany's Forecast: Unemployment Rate in 2028?

Germany Unemployment Rate is forecasted to be 3.334 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.963 2028 3.001 2027 2.963 2028 11.008 2005 % yearly 1980 - 2028

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 8.800 2030 yearly 1980 - 2030
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 2.000 2030 yearly 2010 - 2030
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 6.000 2030 yearly 1980 - 2030
Armenia (%) 14.000 2030 yearly 2001 - 2030
Aruba (%) 4.823 2030 yearly 1986 - 2030
Australia (%) 4.452 2030 yearly 1980 - 2030
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.041 2030 yearly 2000 - 2030
Bahamas (%) 9.029 2030 yearly 1986 - 2030
Bahrain (%) 5.900 2024 yearly 2007 - 2024
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.675 2030 yearly 1981 - 2030
Belarus (%) 2.889 2030 yearly 1993 - 2030
Belgium (%) 5.800 2030 yearly 1980 - 2030
Belize (%) 2.600 2030 yearly 1990 - 2030
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.100 2026 yearly 2000 - 2026
Bosnia and Herzegovina (%) 13.200 2030 yearly 1995 - 2030
Botswana (%) 0.000 yearly -
Brazil (%) 7.400 2030 yearly 1991 - 2030
Brunei (%) 4.900 2030 yearly 2011 - 2030
Bulgaria (%) 4.000 2030 yearly 1989 - 2030
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 6.007 2030 yearly 1980 - 2030
Cape Verde (%) 8.500 2030 yearly 1980 - 2030
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2030 yearly 1980 - 2030
China (%) 5.100 2030 yearly 2017 - 2030
Colombia (%) 9.400 2030 yearly 1980 - 2030
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 8.500 2030 yearly 1980 - 2030
Croatia (%) 5.244 2030 yearly 1991 - 2030
Cyprus (%) 4.962 2030 yearly 1982 - 2030
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 5.000 2030 yearly 1991 - 2030
Ecuador (%) 3.500 2030 yearly 1988 - 2030
Egypt (%) 7.707 2030 yearly 1990 - 2030
El Salvador (%) 5.216 2030 yearly 1988 - 2030
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.539 2030 yearly 1993 - 2030
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2030 yearly 1986 - 2030
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 13.900 2030 yearly 1996 - 2030
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2030 yearly 1980 - 2030
Hong Kong SAR, China (%) 2.910 2030 yearly 1980 - 2030
Hungary (%) 3.800 2030 yearly 1980 - 2030
Iceland (%) 4.000 2030 yearly 1980 - 2030
India (%) 0.000 yearly -
Indonesia (%) 5.000 2030 yearly 1984 - 2030
Iran (%) 9.000 2030 yearly 1990 - 2030
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.933 2030 yearly 1980 - 2030
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.175 2024 yearly 1980 - 2024
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.407 2030 yearly 1994 - 2030
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 2.800 2030 yearly 1980 - 2030
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 3.983 2030 yearly 1994 - 2030
Laos (%) 0.000 yearly -
Latvia (%) 6.394 2030 yearly 1992 - 2030
Lebanon (%) 11.543 2023 yearly 1991 - 2023
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Germany Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Sep 2025 quarterly Dec 1991 - Sep 2025
Consolidated Fiscal Balance (USD mn) -46,923.274 Sep 2025 quarterly Mar 1991 - Sep 2025
Tax Revenue (USD mn) 289,924.014 Sep 2025 quarterly Mar 1991 - Sep 2025
Tax Revenue: % of GDP (%) 22.2 Sep 2025 quarterly Mar 1991 - Sep 2025
National Government Debt (USD mn) 3,217,205.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Government Debt: % of GDP (%) 62.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Forecast: Government Expenditure (EUR bn) 2,707.148 2030 yearly 1991 - 2030
Forecast: Government Net Debt (EUR bn) 3,815.153 2030 yearly 1991 - 2030
Forecast: Government Revenue (EUR bn) 2,497.167 2030 yearly 1991 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.670 2030 yearly 1980 - 2030
Trade Balance (USD mn) 17,819.8 Sep 2025 monthly Jan 1957 - Sep 2025
Total Exports (USD mn) 153,945.2 Sep 2025 monthly Jan 1957 - Sep 2025
Total Exports Growth (%) 2.0 Sep 2025 monthly Jan 1951 - Sep 2025
Aluminum: Exports (USD th) 11,279,159.417 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 70,970,902.063 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 54,214,028.985 2024 yearly 1995 - 2024
Total Imports (USD mn) 136,125.4 Sep 2025 monthly Jan 1957 - Sep 2025
Total Imports Growth (%) 4.9 Sep 2025 monthly Jan 1951 - Sep 2025
Imports: Medicament (USD th) 36,738,204.645 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 41,845,878.903 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 15,397.511 Sep 2025 monthly Sep 1977 - Sep 2025
Total Imports from USA (USD mn) 10,165.974 Sep 2025 monthly Jul 1990 - Sep 2025
Total Exports to China (USD mn) 7,946.738 Sep 2025 monthly Jan 2000 - Sep 2025
Total Imports from China (USD mn) 17,865.279 Sep 2025 monthly Jan 2000 - Sep 2025
Exports fob (EUR mn) 125,080.953 Jan 2025 monthly Jan 1950 - Jan 2025
Imports cif (EUR mn) 112,323.771 Jan 2025 monthly Jan 1950 - Jan 2025
Exports fob: YoY (%) 0.400 Dec 2024 monthly Jan 2001 - Dec 2024
Imports cif: YoY (%) 2.500 Dec 2024 monthly Jan 2001 - Dec 2024
Imports cif: swda (EUR bn) 113.140 Jan 2025 monthly Jan 1950 - Jan 2025
Trade Balance: swda (EUR bn) 16.030 Jan 2025 monthly Jan 1950 - Jan 2025
Exports fob: swda (EUR bn) 129.170 Jan 2025 monthly Jan 1950 - Jan 2025
Exports: SITC: Pharmaceutical Products (EUR th) 8,446,608.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Mineral Fuels & Oils, Bituminous Substances (EUR th) 9,942,246.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 16,430,085.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 14,276,678.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 9,570,236.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 12,545,323.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Pharmaceutical Products (EUR th) 5,258,596.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Plastics & Articles Thereof (EUR th) 4,440,956.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Iron & Steel (EUR th) 1,720,795.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Iron & Steel (EUR th) 1,543,056.000 Dec 2024 monthly Jan 2008 - Dec 2024
Imports: SITC: Machinery and Mechanical Appliances (EUR th) 12,277,980.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: SITC: Machinery and Mechanical Appliances (EUR th) 19,193,096.000 Dec 2024 monthly Jan 2008 - Dec 2024
Exports: China (EUR th) 6,058,582.000 Dec 2024 monthly Jan 2000 - Dec 2024
Motor Vehicle Exports: Car (Unit) 292,200.000 Nov 2025 monthly Jul 2000 - Nov 2025
Exports Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells asse... (EUR th) 24,437.000 Dec 2024 monthly Jan 2022 - Dec 2024
Imports Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes (... (EUR th) 54,496.000 Dec 2024 monthly Jan 2022 - Dec 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,388.1 Sep 2025 monthly Jan 1971 - Sep 2025
Current Account Balance (USD mn) 17,362.0 Sep 2025 monthly Jan 1991 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Sep 2025 quarterly Mar 1991 - Sep 2025
Foreign Direct Investment (USD mn) 10,094.8 Sep 2025 monthly Jan 1971 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.5 Sep 2025 quarterly Mar 1991 - Sep 2025
Foreign Portfolio Investment (USD mn) 79,615.696 Sep 2025 quarterly Mar 1971 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 6.1 Sep 2025 quarterly Mar 1971 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -4,838.6 Sep 2025 quarterly Mar 1971 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 84,454.253 Sep 2025 quarterly Mar 1971 - Sep 2025
External Debt (USD mn) 7,881,499.2 Jun 2025 quarterly Jun 1999 - Jun 2025
External Debt: % of GDP (%) 147.6 2024 yearly 1999 - 2024
External Debt: Short Term (USD mn) 2,850,772.9 Jun 2025 quarterly Mar 2004 - Jun 2025
External Debt: Short Term: % of GDP (%) 52.5 2024 yearly 2004 - 2024
Total Debt: % of GDP (%) 595.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Forecast: Current Account Balance (USD bn) 244.728 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 3,903,737.077 Jun 2025 quarterly Dec 1957 - Jun 2025
Insolvency (IN): No of Proceedings (NP) (Unit) 9,071.000 Nov 2024 monthly Jan 2003 - Nov 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 2023 yearly 2005 - 2023
Household Debt: % of GDP (%) 49.0 Jun 2025 quarterly Dec 1991 - Jun 2025
Money Supply M1 (USD mn) 3,299,802.727 Oct 2025 monthly Jan 1957 - Oct 2025
Money Supply M2 (USD mn) 4,604,051.140 Oct 2025 monthly Jan 1969 - Oct 2025
M2 Growth (%) 3.3 Oct 2025 monthly Jan 1970 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
Foreign Exchange Reserves (USD mn) 36,376.1 Oct 2025 monthly Jan 1957 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 0.704 Sep 2025 quarterly Dec 1991 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 0.3 Sep 2025 monthly Jan 1957 - Sep 2025
Gold Reserves (USD mn) 433,546.899 Oct 2025 monthly Dec 1998 - Oct 2025
Total Deposits (USD mn) 7,048,966.986 Oct 2025 monthly Sep 1997 - Oct 2025
Total Deposits Growth (%) 2.2 Oct 2025 monthly Sep 1998 - Oct 2025
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Debt Service Ratio: Households (%) 5.400 Mar 2025 quarterly Mar 1999 - Mar 2025
Debt Service Ratio: Private Non-Financial Sector (%) 12.300 Mar 2025 quarterly Mar 1999 - Mar 2025
Credit to Households (USD bn) 2,329.108 Mar 2025 quarterly Dec 1970 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 6,532.569 Mar 2025 quarterly Mar 1955 - Mar 2025
Household Debt (USD mn) 2,531,962.4 Jun 2025 quarterly Mar 1991 - Jun 2025
Total Loans (USD mn) 8,564,458.401 Oct 2025 monthly Jan 1957 - Oct 2025
Total Loans Growth (%) 0.68 Oct 2025 monthly Dec 1949 - Oct 2025
Private Debt: % of Nominal GDP (%) 73.24 Sep 2025 quarterly Dec 1991 - Sep 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.0 Nov 2025 monthly Jan 1992 - Nov 2025
Current Economic Situation Indicator: Germany: Balance (%) -88.500 Feb 2025 monthly Dec 1991 - Feb 2025
Economic Expectation Indicator: Germany (%) 26.000 Feb 2025 monthly Dec 1991 - Feb 2025
Leading Economic Index (2016=100) 87.300 Dec 2024 monthly Jan 1965 - Dec 2024

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