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Economy, jobs and prices in Hof, Landkreis (Bavaria, Germany): official figures

GDP per person was 40,600 purchasing power standards (PPS) in 2023, 106% of the EU average (117% for Germany); 150th highest of 400 districts in Germany.

GDP per person (PPS)
40,600
2023
People in work
48,900
2023
Unemployment rate (% of civilian labour force)
3.6%
2023
Unemployment rate, under 25 (%)
3.2%
2023
Long-term unemployed (% of unemployed)
24.1%
2023
Median monthly gross wage, full-time employees (€)
€3,109
2023
Women's median full-time wage as % of men's
88.5%
2023
Purchasing power per resident (€ a year)
€28,338
2023

How big is the economy of Hof, Landkreis?

The local economy produced €4.2 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Hof, Landkreis?

About 48,900 people worked in Hof, Landkreis in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Landkreis Hof?

At 3.6% in 2023, the unemployment rate in the district of Hof ranked 100th lowest of 400 German districts (district median 5.0%). That is up from 2.9% in 2019.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

How high is youth unemployment in Landkreis Hof?

At 3.2% in 2023, the unemployment rate among under-25s in the district of Hof ranked 118th lowest of 400 German districts (district median 4.4%). In 2019 the figure was 2.9%.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

How many long-term unemployed are there in Landkreis Hof?

In 2023, the district of Hof recorded a share of jobless people unemployed for a year or longer of 24.1%, compared with 31.8% in the median German district, which ranks it 71st lowest of 400 districts. That is up from 17.8% in 2019.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

What is the average salary in Landkreis Hof?

At €3,109 in 2023, the median monthly gross wage of full-time employees in the district of Hof ranked 47th lowest of 400 German districts (district median €3,604). That is up from €2,838 in 2019.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

What is the gender pay gap in Landkreis Hof?

The median full-time wage of women as a share of men's in the district of Hof was 88.5% in 2023, 198th highest of 400 districts in Germany; the median district stood at 88.5%. It was 86.1% in 2019.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

What is the purchasing power in Landkreis Hof?

At €28,338 in 2023, the purchasing power per resident in the district of Hof ranked 121st lowest of 400 German districts (district median €29,371). It was €22,350 in 2019.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

What share of people work in Landkreis Hof?

In 2023, the district of Hof recorded a share of working-age residents in jobs paying social insurance of 68.4%, compared with 66.1% in the median German district, which ranks it 120th highest of 400 districts. In 2019 the figure was 64.5%.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

How many mini-jobs are there in Landkreis Hof?

In 2023, the district of Hof recorded a share of private-sector jobs that are low-paid 'mini-jobs' of 13.7%, compared with 19.7% in the median German district, which ranks it 75th lowest of 400 districts. In 2019 the figure was 14.3%.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

How many people commute to Landkreis Hof?

At +2.4 in 2023, the commuter balance (net commuters per 100 jobs) in the district of Hof ranked 112th highest of 400 German districts (district median -11.7). In 2019 the figure was +0.6.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

How many businesses go bankrupt in Landkreis Hof?

The number of company insolvency applications per 1,000 businesses in the district of Hof was 1.5 in 2023, 9th lowest of 400 districts in Germany; the median district stood at 3.9. In 2019 the figure was 2.2.

Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

What is the main industry in Hof, Landkreis?

The largest part of the economy of Hof, Landkreis in 2023 was industry (manufacturing, mining and energy), at 33.6% of gross value added, followed by trade, transport, hospitality and communications (21.7%).

Source: Eurostat · saved copy

How industrial is Hof, Landkreis?

Industry (manufacturing, mining and energy) made up 33.6% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Hof, Landkreis growing?

Gross value added rose from €2.7 billion in 2015 to €3.9 billion in 2023 in current prices, an increase of 41% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Hof, Landkreis?

Of the 48,900 jobs located in Hof, Landkreis in 2023, 23% in public services, education, health and other services, 33% in industry and 2.3% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Hof, Landkreis?

The number of people working in Hof, Landkreis rose by 3.5% between 2015 and 2023, to 48,900.

Source: Eurostat · saved copy

How Hof, Landkreis compares with other districts in Germany

Unemployment rate (% of civilian labour force) (2023)

Hof, Landkreis ranks 302 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
299Tirschenreuth3.6%
300Calw3.6%
301Regen3.6%
302Hof, Landkreis3.6%
303Weißenburg-Gunzenhausen3.6%
304Miltenberg3.6%
305Ortenaukreis3.6%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

Median monthly gross wage, full-time employees (€) (2023)

Hof, Landkreis ranks 354 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
351Saalfeld-Rudolstadt€3,132
352Nordhausen€3,131
353Cloppenburg€3,128
354Hof, Landkreis€3,109
355Teltow-Fläming€3,101
356Suhl, Kreisfreie Stadt€3,098
357Harz€3,093
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

Purchasing power per resident (€ a year) (2023)

Hof, Landkreis ranks 280 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
277Bremen, Kreisfreie Stadt€28,361
278Kleve€28,347
279Lüchow-Dannenberg€28,347
280Hof, Landkreis€28,338
281Birkenfeld€28,326
282Emsland€28,319
283Schwerin, Kreisfreie Stadt€28,285
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

Residents in insured jobs (% of working-age population) (2023)

Hof, Landkreis ranks 120 of 400, highest first. INKAR indicator: SV Beschäftigte am Wohnort je 100 Einwohner im erwerbsfähigen Alter in %

RankAreaResidents in insured jobs (% of working-age population)
117Steinfurt68.5%
118Teltow-Fläming68.4%
119Dahme-Spreewald68.4%
120Hof, Landkreis68.4%
121Neumarkt i. d. OPf.68.4%
122Mühldorf a. Inn68.3%
123München, Kreisfreie Stadt68.3%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

Share of output from industry (manufacturing, mining and energy) (2023)

Hof, Landkreis ranks 92 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
89Emsland33.9%
90Saarpfalz-Kreis33.8%
91Main-Tauber-Kreis33.7%
92Hof, Landkreis33.6%
93Börde33.5%
94Cloppenburg33.5%
95Bernkastel-Wittlich33.4%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2023)

Hof, Landkreis ranks 256 of 400, highest first.

RankAreaShare of output from finance, property and business services
253Rhein-Hunsrück-Kreis20.9%
254Emmendingen20.8%
255Hamm, Kreisfreie Stadt20.8%
256Hof, Landkreis20.8%
257Bamberg, Kreisfreie Stadt20.7%
258Calw20.7%
259Ortenaukreis20.7%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2023)

Hof, Landkreis ranks 352 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
349Kassel, Landkreis16.3%
350Ostalbkreis16.3%
351Wesermarsch16.3%
352Hof, Landkreis16.1%
353Emsland16.1%
354Main-Spessart16.0%
355Rottweil15.8%
Source: Eurostat · saved copy

More on Hof, Landkreis: overview · health · education and schools · poverty and living standards · government budget · Bavaria · Germany

Sources

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