Economy, jobs and prices in Frankfurt am Main, Kreisfreie Stadt (Hesse, Germany): official figures
GDP per person was 107,800 purchasing power standards (PPS) in 2023, 281% of the EU average (117% for Germany); 5th highest of 400 districts in Germany.
How big is the economy of Frankfurt am Main, Kreisfreie Stadt?
The local economy produced €90.5 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Frankfurt am Main, Kreisfreie Stadt?
About 761,090 people worked in Frankfurt am Main, Kreisfreie Stadt in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the unemployment rate in Frankfurt am Main?
In 2023, the city of Frankfurt am Main recorded an unemployment rate of 5.9%, compared with 5.0% in the median German district, which ranks it 128th highest of 400 districts. In 2019 the figure was 5.0%.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow high is youth unemployment in Frankfurt am Main?
The unemployment rate among under-25s in the city of Frankfurt am Main was 4.8% in 2023, 177th highest of 400 districts in Germany; the median district stood at 4.4%. It was also 4.8% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many long-term unemployed are there in Frankfurt am Main?
The share of jobless people unemployed for a year or longer in the city of Frankfurt am Main was 31.4% in 2023, 191st lowest of 400 districts in Germany; the median district stood at 31.8%. It was 27.4% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the average salary in Frankfurt am Main?
In 2023, the city of Frankfurt am Main recorded a median monthly gross wage of full-time employees of €4,962, compared with €3,604 in the median German district, which ranks it 8th highest of 400 districts. In 2019 the figure was €4,431.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the gender pay gap in Frankfurt am Main?
In 2023, the city of Frankfurt am Main recorded a median full-time wage of women as a share of men's of 84.3%, compared with 88.5% in the median German district, which ranks it 90th 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 copyWhat is the purchasing power in Frankfurt am Main?
In 2023, the city of Frankfurt am Main recorded a purchasing power per resident of €32,742, compared with €29,371 in the median German district, which ranks it 27th highest of 400 districts. In 2019 the figure was €26,540.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many mini-jobs are there in Frankfurt am Main?
In 2023, the city of Frankfurt am Main recorded a share of private-sector jobs that are low-paid 'mini-jobs' of 12.0%, compared with 19.7% in the median German district, which ranks it 41st lowest of 400 districts. It was also 12.0% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many people commute to Frankfurt am Main?
At +46.9 in 2023, the commuter balance (net commuters per 100 jobs) in the city of Frankfurt am Main ranked 5th highest of 400 German districts (district median -11.7). That is down from +47.6 in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many businesses go bankrupt in Frankfurt am Main?
The number of company insolvency applications per 1,000 businesses in the city of Frankfurt am Main was 6.7 in 2023, 27th highest of 400 districts in Germany; the median district stood at 3.9. In 2019 the figure was 6.1.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the main industry in Frankfurt am Main, Kreisfreie Stadt?
The largest part of the economy of Frankfurt am Main, Kreisfreie Stadt in 2023 was finance, property and business services, at 43.9% of gross value added, followed by trade, transport, hospitality and communications (30.1%).
Source: Eurostat · saved copyHow industrial is Frankfurt am Main, Kreisfreie Stadt?
Industry (manufacturing, mining and energy) made up 9.6% of output in 2023, against 24.5% for Germany.
Source: Eurostat · saved copyHow fast is the economy of Frankfurt am Main, Kreisfreie Stadt growing?
Gross value added rose from €62.0 billion in 2015 to €82.7 billion in 2023 in current prices, an increase of 33% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Frankfurt am Main, Kreisfreie Stadt?
Of the 761,090 jobs located in Frankfurt am Main, Kreisfreie Stadt in 2023, 24% in public services, education, health and other services, 7% in industry and 0.0% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Frankfurt am Main, Kreisfreie Stadt?
The number of people working in Frankfurt am Main, Kreisfreie Stadt rose by 12.0% between 2015 and 2023, to 761,090.
Source: Eurostat · saved copyHow Frankfurt am Main, Kreisfreie Stadt compares with other districts in Germany
Unemployment rate (% of civilian labour force) (2023)
Frankfurt am Main, Kreisfreie Stadt ranks 128 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %
| Rank | Area | Unemployment rate (% of civilian labour force) |
|---|---|---|
| 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% |
| 130 | Minden-Lübbecke | 5.8% |
| 131 | Landkreis Rostock | 5.8% |
Median monthly gross wage, full-time employees (€) (2023)
Frankfurt am Main, Kreisfreie Stadt ranks 8 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro
| Rank | Area | Median monthly gross wage, full-time employees (€) |
|---|---|---|
| 5 | München, Kreisfreie Stadt | €5,094 |
| 6 | Stuttgart, Stadtkreis | €5,088 |
| 7 | Ludwigshafen am Rhein, Kreisfreie Stadt | €5,079 |
| 8 | Frankfurt am Main, Kreisfreie Stadt | €4,962 |
| 9 | München, Landkreis | €4,947 |
| 10 | Main-Taunus-Kreis | €4,849 |
| 11 | Darmstadt, Kreisfreie Stadt | €4,803 |
Purchasing power per resident (€ a year) (2023)
Frankfurt am Main, Kreisfreie Stadt ranks 27 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro
| Rank | Area | Purchasing power per resident (€ a year) |
|---|---|---|
| 24 | Ludwigsburg | €32,907 |
| 25 | Stuttgart, Stadtkreis | €32,874 |
| 26 | Erding | €32,822 |
| 27 | Frankfurt am Main, Kreisfreie Stadt | €32,742 |
| 28 | Esslingen | €32,632 |
| 29 | Mettmann | €32,456 |
| 30 | Rems-Murr-Kreis | €32,360 |
Residents in insured jobs (% of working-age population) (2023)
Frankfurt am Main, Kreisfreie Stadt ranks 280 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) |
|---|---|---|
| 277 | Stuttgart, Stadtkreis | 63.8% |
| 278 | Ahrweiler | 63.7% |
| 279 | Hameln-Pyrmont | 63.7% |
| 280 | Frankfurt am Main, Kreisfreie Stadt | 63.6% |
| 281 | Gera, Kreisfreie Stadt | 63.6% |
| 282 | Paderborn | 63.6% |
| 283 | Speyer, Kreisfreie Stadt | 63.5% |
Share of output from industry (manufacturing, mining and energy) (2023)
Frankfurt am Main, Kreisfreie Stadt ranks 389 of 400, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 386 | Düsseldorf, Kreisfreie Stadt | 10.3% |
| 387 | Halle (Saale), Kreisfreie Stadt | 9.7% |
| 388 | Garmisch-Partenkirchen | 9.7% |
| 389 | Frankfurt am Main, Kreisfreie Stadt | 9.6% |
| 390 | Hochtaunuskreis | 9.5% |
| 391 | Magdeburg, Kreisfreie Stadt | 9.4% |
| 392 | Harburg | 9.4% |
Share of output from finance, property and business services (2023)
Frankfurt am Main, Kreisfreie Stadt ranks 4 of 400, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 1 | Hochtaunuskreis | 56.0% |
| 2 | Coburg, Kreisfreie Stadt | 51.6% |
| 3 | Braunschweig, Kreisfreie Stadt | 51.3% |
| 4 | Frankfurt am Main, Kreisfreie Stadt | 43.9% |
| 5 | Main-Taunus-Kreis | 42.1% |
| 6 | München, Landkreis | 40.4% |
| 7 | Düsseldorf, Kreisfreie Stadt | 39.0% |
Share of output from public administration, education, health and other services (2023)
Frankfurt am Main, Kreisfreie Stadt ranks 371 of 400, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 368 | Olpe | 14.6% |
| 369 | Mettmann | 14.6% |
| 370 | Salzgitter, Kreisfreie Stadt | 14.4% |
| 371 | Frankfurt am Main, Kreisfreie Stadt | 14.4% |
| 372 | Bodenseekreis | 14.3% |
| 373 | Freising | 14.2% |
| 374 | Esslingen | 14.1% |
More on Frankfurt am Main, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Hesse · 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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