Economic development

Spreeufer in Friedrichshain

Facts and figures on Berlin's economy in 2023

  • 193 bn. Economic output

    in Euro

  • +1.6 % economic growth

    compared to previous year

  • +1.6 % people in employment

    compared to previous year

  • 37.8 Business startups

    in 1,000

Berlin’s economy continues to expand, and numerous new jobs are being created.

Berlin can be pleased with rapid economic growth. Both the increase in gross domestic product and the number of people in work are above the national average.

In 2023, gross domestic product grew by 1.6 percent year-on-year in price-adjusted terms (2022: 4.9 percent). This means that Berlin has the third-highest growth rate in a nationwide comparison.

The number of employed persons also increased by 1.6 percent year-on-year in 2023. This puts Berlin in second place nationwide. The nationwide average was +0.7 percent.

(Source: Amt für Statistik Berlin-Brandenburg, 2024)

Mirrored bar chart with upward arrow

The Senate Department for Economic Affairs, Energy and Public Enterprises regularly releases reports about the growth and structure of Berlin’s economy.

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Specialists

Companies in Berlin have great potential in finding well-trained workers and highly qualified specialists and executives. An important competitive advantage is the international attractiveness of the city. More information

More information