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.

Income and purchasing power of Berlin's population

Labor marketPRICE3.3% Growth rate of employeessubject to social securitycontributions1.8%above national average1.3%Increase in consumer prices7.8%Unemployment rate* Full-time, part-time and marginally employed3,547 €Gross per monthaverage earnings*+4%compared to last year(Source: Statistical Office Berlin Brandenburg, 2020 - data for 2019)

Consumer prices

In 2019, consumer prices in Berlin increased by an average of 1.3 percent over the previous year. The increase was therefore lower than that posted in the previous year.

Consumer prices 2019 Index rate 2015≙100 Change compared to the same month last year (in %)
Total price index 105.1 1.4
Food, non-alcoholic beverages 107.5 1.2
Alcoholic beverages and tobacco goods 110 2.7
Clothing and shoes 101.7 1.2
Living space, water, electricity, gas and other fuel 104.3 1.8
Furnishings, appliances and fittings for the household plus maintenance thereof 103.2 0.9
Healthcare costs 104.2 0.8
Transport 106.3 1.2
Communications 95.8 -0.7
Leisure, entertainment and culture 104.7 0.8
Educational system 100.5 -2.0
Hotels and restaurants 109.3 2.1
Other goods and services 106.9 2.9

(Source: Berlin-Brandenburg Statistics Office, 2020)


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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.