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Economy, jobs and prices in Neustadt a. d. Waldnaab (Bavaria, Germany): official figures

GDP per person was 37,100 purchasing power standards (PPS) in 2023, 97% of the EU average (117% for Germany); 203rd highest of 400 districts in Germany.

GDP per person (PPS)
37,100
2023
People in work
43,680
2023
Unemployment rate (% of civilian labour force)
3.3%
2023
Unemployment rate, under 25 (%)
2.9%
2023
Long-term unemployed (% of unemployed)
26.5%
2023
Median monthly gross wage, full-time employees (€)
€3,513
2023
Women's median full-time wage as % of men's
85.2%
2023
Purchasing power per resident (€ a year)
€28,105
2023

How big is the economy of Neustadt a. d. Waldnaab?

The local economy produced €4.0 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Neustadt a. d. Waldnaab?

About 43,680 people worked in Neustadt a. d. Waldnaab in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Neustadt a. d. Waldnaab?

In 2023, Neustadt a. d. Waldnaab recorded an unemployment rate of 3.3%, compared with 5.0% in the median German district, which ranks it 73rd lowest of 400 districts. In 2019 the figure was 2.8%.

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

How high is youth unemployment in Neustadt a. d. Waldnaab?

The unemployment rate among under-25s in Neustadt a. d. Waldnaab was 2.9% in 2023, 99th lowest of 400 districts in Germany; the median district stood at 4.4%. That is up from 2.6% in 2019.

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

How many long-term unemployed are there in Neustadt a. d. Waldnaab?

In 2023, Neustadt a. d. Waldnaab recorded a share of jobless people unemployed for a year or longer of 26.5%, compared with 31.8% in the median German district, which ranks it 110th lowest of 400 districts. That is up from 25.8% in 2019.

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

What is the average salary in Neustadt a. d. Waldnaab?

In 2023, Neustadt a. d. Waldnaab recorded a median monthly gross wage of full-time employees of €3,513, compared with €3,604 in the median German district, which ranks it 167th lowest of 400 districts. It was €3,161 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 Neustadt a. d. Waldnaab?

In 2023, Neustadt a. d. Waldnaab recorded a median full-time wage of women as a share of men's of 85.2%, compared with 88.5% in the median German district, which ranks it 117th lowest of 400 districts. In 2019 the figure was 80.5%.

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

What is the purchasing power in Neustadt a. d. Waldnaab?

At €28,105 in 2023, the purchasing power per resident in Neustadt a. d. Waldnaab ranked 105th lowest of 400 German districts (district median €29,371). It was €21,934 in 2019.

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

What share of people work in Neustadt a. d. Waldnaab?

The share of working-age residents in jobs paying social insurance in Neustadt a. d. Waldnaab was 65.9% in 2023, 193rd lowest of 400 districts in Germany; the median district stood at 66.1%. That is up from 64.2% in 2019.

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

How many mini-jobs are there in Neustadt a. d. Waldnaab?

The share of private-sector jobs that are low-paid 'mini-jobs' in Neustadt a. d. Waldnaab was 19.7% in 2023, 198th highest of 400 districts in Germany; the median district stood at 19.7%. It was 19.3% in 2019.

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

How many people commute to Neustadt a. d. Waldnaab?

In 2023, Neustadt a. d. Waldnaab recorded a commuter balance (net commuters per 100 jobs) of -20.8, compared with -11.7 in the median German district, which ranks it 127th lowest of 400 districts. It was -23.9 in 2019.

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

How many businesses go bankrupt in Neustadt a. d. Waldnaab?

At 5.4 in 2023, the number of company insolvency applications per 1,000 businesses in Neustadt a. d. Waldnaab ranked 71st highest of 400 German districts (district median 3.9). In 2019 the figure was 3.5.

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

What is the main industry in Neustadt a. d. Waldnaab?

The largest part of the economy of Neustadt a. d. Waldnaab in 2023 was industry (manufacturing, mining and energy), at 41.6% of gross value added, followed by finance, property and business services (21.1%).

Source: Eurostat · saved copy

How industrial is Neustadt a. d. Waldnaab?

Factories, mines and energy produced 41.6% of the value added in Neustadt a. d. Waldnaab in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Neustadt a. d. Waldnaab growing?

Gross value added rose from €2.6 billion in 2015 to €3.7 billion in 2023 in current prices, an increase of 43% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Neustadt a. d. Waldnaab?

Of the 43,680 jobs located in Neustadt a. d. Waldnaab in 2023, 26% in public services, education, health and other services, 35% in industry and 3.6% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Neustadt a. d. Waldnaab?

The number of people working in Neustadt a. d. Waldnaab rose by 10.6% between 2015 and 2023, to 43,680.

Source: Eurostat · saved copy

How Neustadt a. d. Waldnaab compares with other districts in Germany

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

Neustadt a. d. Waldnaab ranks 330 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
327Ingolstadt, Kreisfreie Stadt3.3%
328Westerwaldkreis3.3%
329Garmisch-Partenkirchen3.3%
330Neustadt a. d. Waldnaab3.3%
331Deggendorf3.3%
332Emsland3.3%
333Grafschaft Bentheim3.2%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Neustadt a. d. Waldnaab ranks 234 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
231Südliche Weinstraße€3,515
232Unna€3,514
233Kulmbach€3,514
234Neustadt a. d. Waldnaab€3,513
235Rhein-Hunsrück-Kreis€3,512
236Odenwaldkreis€3,511
237Schwandorf€3,510
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Neustadt a. d. Waldnaab ranks 296 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
293Worms, Kreisfreie Stadt€28,141
294Neunkirchen€28,134
295Dortmund, Kreisfreie Stadt€28,131
296Neustadt a. d. Waldnaab€28,105
297Cham€28,100
298Sächsische Schweiz-Osterzgebirge€28,057
299Passau, Kreisfreie Stadt€28,048
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)

Neustadt a. d. Waldnaab ranks 209 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)
206Nürnberg, Kreisfreie Stadt66.0%
207Ammerland66.0%
208Herford65.9%
209Neustadt a. d. Waldnaab65.9%
210Odenwaldkreis65.9%
211Offenbach, Landkreis65.9%
212Main-Kinzig-Kreis65.9%
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)

Neustadt a. d. Waldnaab ranks 32 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
29Kassel, Landkreis41.7%
30Saarlouis41.7%
31Enzkreis41.6%
32Neustadt a. d. Waldnaab41.6%
33Gütersloh41.6%
34Amberg, Kreisfreie Stadt41.5%
35Hohenlohekreis41.5%
Source: Eurostat · saved copy

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

Neustadt a. d. Waldnaab ranks 247 of 400, highest first.

RankAreaShare of output from finance, property and business services
244Deggendorf21.1%
245Mühldorf a. Inn21.1%
246Gera, Kreisfreie Stadt21.1%
247Neustadt a. d. Waldnaab21.1%
248Schwäbisch Hall21.1%
249Northeim21.0%
250Forchheim21.0%
Source: Eurostat · saved copy

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

Neustadt a. d. Waldnaab ranks 343 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
340Mannheim, Stadtkreis16.8%
341Teltow-Fläming16.7%
342Vechta16.7%
343Neustadt a. d. Waldnaab16.6%
344Freudenstadt16.6%
345Stuttgart, Stadtkreis16.6%
346Eichstätt16.5%
Source: Eurostat · saved copy

More on Neustadt a. d. Waldnaab: overview · health · education and schools · poverty and living standards · government budget · Bavaria · Germany

Sources

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