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Berlin’s economy on the road to success

In 2017, 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 third time in a row. In a nationwide comparison, Berlin came in second place and was well above the average growth of 2.2 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 136.6 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 3,262 euros gross per month in 2017 on average. Thus, the average gross monthly earnings has increased by 2.7% compared to the previous year. Full-time employees received 2.7% more pay, thus reaching an average of 4,034 euros gross monthly earnings. At the same time, however, the consumer price in Berlin increased by 1.7 percent, so that in real terms only a moderate increase remained.
 

Labor market situation 2017 (yearly average)
Unemployment rate (in %) 9.0
Full-time employees with full benefits (in millions.)
 
1.4
Prices 2017
Consumer price index (2010 ≙ 100)
Construction price index (2010 ≙ 100)
 
111.4
120.5
Economic national accounts 2017
Gross domestic product for respective
prices (in billions of EUR)
Change compared with previous year (in %)

136.6
4.7

Consumer prices

Consumer prices
2017
Index rate
2010≙100
Change compared to the
same month last year
(in %)
Total price index 110 1.7
Food, non-alcoholic beverages 115.5 2.0
Alcoholic beverages and tobacco goods 119 2.8
Clothing and shoes 104.7 1.7
Living space, water, electricity, gas and other fuel 112.7 2.1
Furnishings, appliances and fittings for the household plus maintenance thereof 106 0.5
Healthcare costs 107.1 2.4
Transport 106 2.1
Communications 89.7 -0.7
Leisure, entertainment and culture 108.8 1.8
Educational system 83.5 -11.4
Hotels and restaurants 115.1 2.1
Other goods and services 111.3 -0.9
 

(Source: Berlin-Brandenburg Statistics Office, 2018)

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