Menu
EN

Economic situation


Berlin’s economy on the road to success

In 2018, Berlin’s gross domestic product grew by 3.1 percent in real terms compared with the previous year and was over 3 percent for the fourth time in a row. In a nationwide comparison, Berlin came in first place and was well above the average growth of 1.4 percent in Germany.

Thus, the German capital continues its successful course: the GDP and the employment rate have grown faster than the national average for years. The service industry in particular had a positive impact on Berlin’s economic growth. Around 147.1 billion euros were generated in the capital.


More information about employment here


Income and purchasing power of the population

Full-time, part-time and minor employees in Berlin earned 3,409 euros gross per month in 2018 on average. Thus, the average gross monthly earnings has increased by 3.4% compared to the previous year. Full-time employees received 3.3% more pay, thus reaching an average of 4,228 euros gross monthly earnings. At the same time, however, the consumer price in Berlin increased by 2 percent, so that in real terms the increase was 1.6 percent.

Labor market situation 2018 (yearly average)
Unemployment rate (in %)8.1
Employees with full benefits (in millions.)
 
1.48
Prices 2018
Consumer price index (2010 ≙ 100)112.2

Construction price index (2010 ≙ 100)

112.8

Economic national accounts 2018
Gross domestic product for respective prices (in billions of EUR)147.1
Change compared with previous year (in %)

3.1

Consumer prices

In 2018, consumer prices in Berlin increased by an average of 2.0 percent over the previous year. That was the highest increase in the last six years.

Consumer prices 2018 Index rate 2010≙100 Change compared to the same month last year (in %)
Total price index 112.2 2.2
Food, non-alcoholic beverages 118.1 2.6
Alcoholic beverages and tobacco goods 122.4 3.4
Clothing and shoes 104.8 0.1
Living space, water, electricity, gas and other fuel 115.8 3.1
Furnishings, appliances and fittings for the household plus maintenance thereof 106.7 0.7
Healthcare costs 108.6 1.5
Transport 108.6 2.6
Communications 89.1 -0.6
Leisure, entertainment and culture 110.9 2.1
Educational system 84.6 1.1
Hotels and restaurants 117.4 2.3
Other goods and services 111.8 0.5
(Source: Berlin-Brandenburg Statistics Office, 2019)    

Real estate portal

The Real Estate Portal offers registered users the opportunity to search for the right commercial property or space for their business.

Ausschnitt aus dem Wirtschaftsatlas mit Blick auf den Potsdamer Platz

Berlin Economic Atlas

The Berlin Economic Atlas provides specific industry and infrastructure information for any location in Berlin.