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Economy, jobs and prices in Schwabach, Kreisfreie Stadt (Bavaria, Germany): official figures

GDP per person was 40,200 purchasing power standards (PPS) in 2023, 105% of the EU average (117% for Germany); 154th highest of 400 districts in Germany.

GDP per person (PPS)
40,200
2023
People in work
23,120
2023
Unemployment rate (% of civilian labour force)
3.5%
2023
Unemployment rate, under 25 (%)
3.3%
2023
Long-term unemployed (% of unemployed)
29.4%
2023
Median monthly gross wage, full-time employees (€)
€3,530
2023
Women's median full-time wage as % of men's
83.3%
2023
Purchasing power per resident (€ a year)
€31,710
2023

How big is the economy of Schwabach, Kreisfreie Stadt?

The local economy produced €1.8 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Schwabach, Kreisfreie Stadt?

About 23,120 people worked in Schwabach, Kreisfreie Stadt in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Schwabach?

In 2023, the city of Schwabach recorded an unemployment rate of 3.5%, compared with 5.0% in the median German district, which ranks it 91st lowest of 400 districts. It was 3.2% in 2019.

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

How high is youth unemployment in Schwabach?

The unemployment rate among under-25s in the city of Schwabach was 3.3% in 2023, 125th lowest of 400 districts in Germany; the median district stood at 4.4%. In 2019 the figure was 3.7%.

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

How many long-term unemployed are there in Schwabach?

The share of jobless people unemployed for a year or longer in the city of Schwabach was 29.4% in 2023, 160th lowest of 400 districts in Germany; the median district stood at 31.8%. That is up from 24.5% in 2019.

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

What is the average salary in Schwabach?

The median monthly gross wage of full-time employees in the city of Schwabach was €3,530 in 2023, 174th lowest of 400 districts in Germany; the median district stood at €3,604. It was €3,175 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 Schwabach?

In 2023, the city of Schwabach recorded a median full-time wage of women as a share of men's of 83.3%, compared with 88.5% in the median German district, which ranks it 74th lowest of 400 districts. It was 82.1% in 2019.

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

What is the purchasing power in Schwabach?

At €31,710 in 2023, the purchasing power per resident in the city of Schwabach ranked 55th highest of 400 German districts (district median €29,371). That is up from €25,561 in 2019.

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

What share of people work in Schwabach?

The share of working-age residents in jobs paying social insurance in the city of Schwabach was 67.8% in 2023, 142nd highest of 400 districts in Germany; the median district stood at 66.1%. That is up from 65.0% 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 Schwabach?

The share of private-sector jobs that are low-paid 'mini-jobs' in the city of Schwabach was 19.4% in 2023, 191st lowest of 400 districts in Germany; the median district stood at 19.7%. That is up from 18.9% in 2019.

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

How many people commute to Schwabach?

The commuter balance (net commuters per 100 jobs) in the city of Schwabach was -1.4 in 2023, 128th highest of 400 districts in Germany; the median district stood at -11.7. That is down from -0.6 in 2019.

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

How many businesses go bankrupt in Schwabach?

The number of company insolvency applications per 1,000 businesses in the city of Schwabach was 4.3 in 2023, 158th highest of 400 districts in Germany; the median district stood at 3.9. In 2019 the figure was 7.7.

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

What is the main industry in Schwabach, Kreisfreie Stadt?

The largest part of the economy of Schwabach, Kreisfreie Stadt in 2023 was finance, property and business services, at 29.4% of gross value added, followed by industry (manufacturing, mining and energy) (25.0%).

Source: Eurostat · saved copy

How industrial is Schwabach, Kreisfreie Stadt?

Industry (manufacturing, mining and energy) made up 25.0% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Schwabach, Kreisfreie Stadt growing?

Gross value added rose from €1.2 billion in 2015 to €1.7 billion in 2023 in current prices, an increase of 40% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Schwabach, Kreisfreie Stadt?

Of the 23,120 jobs located in Schwabach, Kreisfreie Stadt in 2023, 32% in public services, education, health and other services, 25% in industry and 0.2% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Schwabach, Kreisfreie Stadt?

The number of people working in Schwabach, Kreisfreie Stadt rose by 7.2% between 2015 and 2023, to 23,120.

Source: Eurostat · saved copy

How Schwabach, Kreisfreie Stadt compares with other districts in Germany

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

Schwabach, Kreisfreie Stadt ranks 310 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
307Kulmbach3.6%
308Ludwigsburg3.6%
309Karlsruhe, Landkreis3.5%
310Schwabach, Kreisfreie Stadt3.5%
311Rottal-Inn3.5%
312Coesfeld3.5%
313Kronach3.5%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Schwabach, Kreisfreie Stadt ranks 227 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
224Rhein-Lahn-Kreis€3,540
225Straubing, Kreisfreie Stadt€3,535
226Günzburg€3,530
227Schwabach, Kreisfreie Stadt€3,530
228Emsland€3,527
229Westerwaldkreis€3,522
230Limburg-Weilburg€3,521
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Schwabach, Kreisfreie Stadt ranks 55 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
52Herzogtum Lauenburg€31,718
53Lörrach€31,716
54Speyer, Kreisfreie Stadt€31,712
55Schwabach, Kreisfreie Stadt€31,710
56Rhein-Pfalz-Kreis€31,704
57Weilheim-Schongau€31,640
58Wolfsburg, Kreisfreie Stadt€31,628
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)

Schwabach, Kreisfreie Stadt ranks 142 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)
139Sigmaringen67.8%
140Deggendorf67.8%
141Rotenburg (Wümme)67.8%
142Schwabach, Kreisfreie Stadt67.8%
143Zollernalbkreis67.7%
144Ravensburg67.7%
145Cloppenburg67.7%
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)

Schwabach, Kreisfreie Stadt ranks 208 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
205Landshut, Kreisfreie Stadt25.5%
206Diepholz25.3%
207Peine25.2%
208Schwabach, Kreisfreie Stadt25.0%
209Nordhausen24.9%
210Darmstadt, Kreisfreie Stadt24.9%
211Neustadt a. d. Aisch-Bad Windsheim24.8%
Source: Eurostat · saved copy

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

Schwabach, Kreisfreie Stadt ranks 33 of 400, highest first.

RankAreaShare of output from finance, property and business services
30Potsdam, Kreisfreie Stadt30.1%
31Münster, Kreisfreie Stadt30.0%
32Kusel29.9%
33Schwabach, Kreisfreie Stadt29.4%
34Kaiserslautern, Landkreis29.2%
35Eichstätt29.2%
36Dortmund, Kreisfreie Stadt29.1%
Source: Eurostat · saved copy

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

Schwabach, Kreisfreie Stadt ranks 200 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
197Kempten (Allgäu), Kreisfreie Stadt23.5%
198Zweibrücken, Kreisfreie Stadt23.5%
199Bad Tölz-Wolfratshausen23.4%
200Schwabach, Kreisfreie Stadt23.4%
201Leipzig23.3%
202Sonneberg23.3%
203Wartburgkreis23.3%
Source: Eurostat · saved copy

More on Schwabach, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Bavaria · Germany

Sources

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