Economy, jobs and prices in Hof, Kreisfreie Stadt (Bavaria, Germany): official figures
GDP per person was 46,900 purchasing power standards (PPS) in 2023, 122% of the EU average (117% for Germany); 90th highest of 400 districts in Germany.
How big is the economy of Hof, Kreisfreie Stadt?
The local economy produced €2.4 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Hof, Kreisfreie Stadt?
About 33,990 people worked in Hof, Kreisfreie Stadt in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the unemployment rate in Hof?
The unemployment rate in the city of Hof was 5.9% in 2023, 124th highest of 400 districts in Germany; the median district stood at 5.0%. That is up from 5.6% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow high is youth unemployment in Hof?
At 5.8% in 2023, the unemployment rate among under-25s in the city of Hof ranked 107th highest of 400 German districts (district median 4.4%). In 2019 the figure was 5.9%.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many long-term unemployed are there in Hof?
In 2023, the city of Hof recorded a share of jobless people unemployed for a year or longer of 22.6%, compared with 31.8% in the median German district, which ranks it 49th lowest of 400 districts. That is up from 19.7% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the average salary in Hof?
In 2023, the city of Hof recorded a median monthly gross wage of full-time employees of €3,271, compared with €3,604 in the median German district, which ranks it 77th lowest of 400 districts. In 2019 the figure was €2,854.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the gender pay gap in Hof?
At 94.1% in 2023, the median full-time wage of women as a share of men's in the city of Hof ranked 77th highest of 400 German districts (district median 88.5%). It was 90.3% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the purchasing power in Hof?
In 2023, the city of Hof recorded a purchasing power per resident of €27,667, compared with €29,371 in the median German district, which ranks it 81st lowest of 400 districts. That is up from €21,761 in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many mini-jobs are there in Hof?
At 18.3% in 2023, the share of private-sector jobs that are low-paid 'mini-jobs' in the city of Hof ranked 160th lowest of 400 German districts (district median 19.7%). It was 18.4% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many people commute to Hof?
In 2023, the city of Hof recorded a commuter balance (net commuters per 100 jobs) of +24.0, compared with -11.7 in the median German district, which ranks it 51st highest of 400 districts. That is down from +29.4 in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many businesses go bankrupt in Hof?
In 2023, the city of Hof had 3.7 company insolvency applications per 1,000 businesses, compared with 3.9 in the median German district, which ranks it 188th lowest of 400 districts. That is up from 3.6 in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the main industry in Hof, Kreisfreie Stadt?
The largest part of the economy of Hof, Kreisfreie Stadt in 2023 was public administration, education, health and other services, at 38.5% of gross value added, followed by trade, transport, hospitality and communications (23.9%).
Source: Eurostat · saved copyHow industrial is Hof, Kreisfreie Stadt?
Industry (manufacturing, mining and energy) made up 13.6% of output in 2023, against 24.5% for Germany.
Source: Eurostat · saved copyHow fast is the economy of Hof, Kreisfreie Stadt growing?
Gross value added rose from €1.7 billion in 2015 to €2.2 billion in 2023 in current prices, an increase of 31% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Hof, Kreisfreie Stadt?
Of the 33,990 jobs located in Hof, Kreisfreie Stadt in 2023, 43% in public services, education, health and other services, 11% in industry and 0.3% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Hof, Kreisfreie Stadt?
The number of people working in Hof, Kreisfreie Stadt fell by 1.0% between 2015 and 2023, to 33,990.
Source: Eurostat · saved copyHow Hof, Kreisfreie Stadt compares with other districts in Germany
Unemployment rate (% of civilian labour force) (2023)
Hof, Kreisfreie Stadt ranks 126 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %
| Rank | Area | Unemployment rate (% of civilian labour force) |
|---|---|---|
| 123 | Ludwigslust-Parchim | 6.0% |
| 124 | Nienburg (Weser) | 5.9% |
| 125 | Stade | 5.9% |
| 126 | Hof, Kreisfreie Stadt | 5.9% |
| 127 | Nürnberg, Kreisfreie Stadt | 5.9% |
| 128 | Frankfurt am Main, Kreisfreie Stadt | 5.9% |
| 129 | Weimar, Kreisfreie Stadt | 5.9% |
Median monthly gross wage, full-time employees (€) (2023)
Hof, Kreisfreie Stadt ranks 324 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro
| Rank | Area | Median monthly gross wage, full-time employees (€) |
|---|---|---|
| 321 | Passau, Landkreis | €3,292 |
| 322 | Lüchow-Dannenberg | €3,278 |
| 323 | Nordfriesland | €3,273 |
| 324 | Hof, Kreisfreie Stadt | €3,271 |
| 325 | Leer | €3,252 |
| 326 | Lichtenfels | €3,249 |
| 327 | Neustadt a. d. Aisch-Bad Windsheim | €3,248 |
Purchasing power per resident (€ a year) (2023)
Hof, Kreisfreie Stadt ranks 320 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro
| Rank | Area | Purchasing power per resident (€ a year) |
|---|---|---|
| 317 | Grafschaft Bentheim | €27,741 |
| 318 | Jena, Kreisfreie Stadt | €27,737 |
| 319 | Neumünster, Kreisfreie Stadt | €27,681 |
| 320 | Hof, Kreisfreie Stadt | €27,667 |
| 321 | Mannheim, Stadtkreis | €27,660 |
| 322 | Wartburgkreis | €27,648 |
| 323 | Spree-Neiße | €27,630 |
Residents in insured jobs (% of working-age population) (2023)
Hof, Kreisfreie Stadt ranks 258 of 400, highest first. INKAR indicator: SV Beschäftigte am Wohnort je 100 Einwohner im erwerbsfähigen Alter in %
| Rank | Area | Residents in insured jobs (% of working-age population) |
|---|---|---|
| 255 | Märkischer Kreis | 64.6% |
| 256 | Hildesheim | 64.5% |
| 257 | Cochem-Zell | 64.5% |
| 258 | Hof, Kreisfreie Stadt | 64.5% |
| 259 | Augsburg, Kreisfreie Stadt | 64.5% |
| 260 | Goslar | 64.4% |
| 261 | Darmstadt-Dieburg | 64.4% |
Share of output from industry (manufacturing, mining and energy) (2023)
Hof, Kreisfreie Stadt ranks 368 of 400, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 365 | Köln, Kreisfreie Stadt | 13.9% |
| 366 | Hamburg | 13.9% |
| 367 | Offenbach, Landkreis | 13.8% |
| 368 | Hof, Kreisfreie Stadt | 13.6% |
| 369 | Bochum, Kreisfreie Stadt | 13.5% |
| 370 | Heidelberg, Stadtkreis | 13.0% |
| 371 | Erding | 12.3% |
Share of output from finance, property and business services (2023)
Hof, Kreisfreie Stadt ranks 237 of 400, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 234 | Heidenheim | 21.3% |
| 235 | Frankfurt (Oder), Kreisfreie Stadt | 21.3% |
| 236 | Rhein-Erft-Kreis | 21.3% |
| 237 | Hof, Kreisfreie Stadt | 21.3% |
| 238 | Schwarzwald-Baar-Kreis | 21.3% |
| 239 | Steinfurt | 21.3% |
| 240 | Rhein-Neckar-Kreis | 21.3% |
Share of output from public administration, education, health and other services (2023)
Hof, Kreisfreie Stadt ranks 16 of 400, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 13 | Brandenburg an der Havel, Kreisfreie Stadt | 39.4% |
| 14 | Bayreuth, Kreisfreie Stadt | 39.2% |
| 15 | Gera, Kreisfreie Stadt | 38.9% |
| 16 | Hof, Kreisfreie Stadt | 38.5% |
| 17 | Freiburg im Breisgau, Stadtkreis | 38.4% |
| 18 | Würzburg, Kreisfreie Stadt | 38.2% |
| 19 | Trier, Kreisfreie Stadt | 38.0% |
More on Hof, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Bavaria · Germany
Sources
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP per person, PPS (NUTS 3), read 23 October 2026 · saved copy (SHA-256 3bf0fc662f56…)
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP, million euros (NUTS 3), read 23 October 2026 · saved copy (SHA-256 096e15e5fdb3…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment, thousand people (NUTS 3), read 23 October 2026 · saved copy (SHA-256 664e4e3a6dc0…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment (thousand persons) by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 222a97c302d3…)
- Eurostat: Eurostat dataset nama_10r_3gva: Gross value added at basic prices by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 c656e8563bdf…)
- Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung: INKAR – Indikatoren und Karten zur Raum- und Stadtentwicklung: 43 district (Kreise) indicators, 2012-2024 (table service extract), read 23 October 2026 · saved copy (SHA-256 0c743f54caf6…)
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