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.
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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|
|Consumer price index (2010 ≙ 100)||112.2|
Construction price index (2010 ≙ 100)
|Economic national accounts 2018|
|Gross domestic product for respective prices (in billions of EUR)||147.1|
|Change compared with previous year (in %)|
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|
|Leisure, entertainment and culture||110.9||2.1|
|Hotels and restaurants||117.4||2.3|
|Other goods and services||111.8||0.5|
|(Source: Berlin-Brandenburg Statistics Office, 2019)|