Unemployment in Germany
Germany's unemployment rate from 2013 to 2022 remained one of the lowest among major economies, showcasing its strong job market, robust economy and effective labor policies. Even during the COVID-19 pandemic, Germany's unemployment rate increased only marginally, thanks to strong social safety nets and job support schemes.
The unemployment rate averaged 5.9% in the decade to 2022, below the 9.2% average for the Euro Area. The unemployment rate in Germany in 2022 was 5.3%. For more unemployment information, visit our dedicated page.
Germany Unemployment Chart
Note: This chart displays Unemployment Rate for Germany from 2014 to 2023.
Source: Macrobond.
Germany Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 5.0 | 5.9 | 5.7 | 5.3 | 5.7 |
| Unemployment (% of active population, eop) | 5.0 | 6.1 | 5.2 | 5.5 | 5.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects German unemployment projections for the next ten years from a panel of 18 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for German unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German unemployment projections.
Want to get access to the full dataset of German unemployment forecasts? Send an email to info@focus-economics.com.