Economic situation
Berlin’s economy on the road to success
Contrary to the economic trend, the economic output of Berlin continued to rise strongly in 2019. Berlin’s gross domestic product grew by 3.0 percent in real terms compared with the previous year. In a nationwide comparison, Berlin came in first place and was well above the average growth of 0.6 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 153.3 billion euros were generated in the capital.
Consumer prices
In 2020, consumer prices in Berlin increased by an average of 0.5 percent over the previous year. The increase was therefore lower than that posted in the previous year.
| Consumer prices 2020 | Index rate 2015≙100 | Change compared to the same month last year (in %) |
| Total price index | 105.8 | 0.5 |
| Food, non-alcoholic beverages | 108.4 | 2.2 |
| Alcoholic beverages and tobacco goods | 113.6 | 2.8 |
| Clothing and shoes | 101.5 | -0,5 |
| Living space, water, electricity, gas and other fuel | 106.8 | 0.3 |
| Furnishings, appliances and fittings for the household plus maintenance thereof | 104.2 | 0.6 |
| Healthcare costs | 105.3 | 0.1 |
| Transport | 103.4 | -1.1 |
| Communications | 94.3 | -1.6 |
| Leisure, entertainment and culture | 105.3 | 0.1 |
| Educational system | 82.1 | -2.2 |
| Hotels and restaurants | 111.7 | 1.8 |
| Other goods and services | 106 | 1.5 |
