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Economy, jobs and prices in Braunschweig, Kreisfreie Stadt (Lower Saxony, Germany): official figures

GDP per person was 76,200 purchasing power standards (PPS) in 2023, 198% of the EU average (117% for Germany); 18th highest of 400 districts in Germany.

GDP per person (PPS)
76,200
2023
People in work
173,540
2023
Unemployment rate (% of civilian labour force)
5.4%
2023
Unemployment rate, under 25 (%)
4.2%
2023
Long-term unemployed (% of unemployed)
32.4%
2023
Median monthly gross wage, full-time employees (€)
€4,052
2023
Women's median full-time wage as % of men's
84.5%
2023
Purchasing power per resident (€ a year)
€30,460
2023

How big is the economy of Braunschweig, Kreisfreie Stadt?

The local economy produced €21.7 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Braunschweig, Kreisfreie Stadt?

About 173,540 people worked in Braunschweig, Kreisfreie Stadt in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Braunschweig?

In 2023, the city of Braunschweig recorded an unemployment rate of 5.4%, compared with 5.0% in the median German district, which ranks it 168th highest of 400 districts. In 2019 the figure was 4.9%.

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

How high is youth unemployment in Braunschweig?

At 4.2% in 2023, the unemployment rate among under-25s in the city of Braunschweig ranked 182nd lowest of 400 German districts (district median 4.4%). That is up from 3.6% 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 Braunschweig?

At 32.4% in 2023, the share of jobless people unemployed for a year or longer in the city of Braunschweig ranked 185th highest of 400 German districts (district median 31.8%). It was 34.9% in 2019.

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

What is the average salary in Braunschweig?

The median monthly gross wage of full-time employees in the city of Braunschweig was €4,052 in 2023, 49th highest of 400 districts in Germany; the median district stood at €3,604. It was €3,637 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 Braunschweig?

In 2023, the city of Braunschweig recorded a median full-time wage of women as a share of men's of 84.5%, compared with 88.5% in the median German district, which ranks it 95th lowest of 400 districts. In 2019 the figure was 82.1%.

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

What is the purchasing power in Braunschweig?

At €30,460 in 2023, the purchasing power per resident in the city of Braunschweig ranked 121st highest of 400 German districts (district median €29,371). That is up from €24,569 in 2019.

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

What share of people work in Braunschweig?

The share of working-age residents in jobs paying social insurance in the city of Braunschweig was 62.8% in 2023, 91st lowest of 400 districts in Germany; the median district stood at 66.1%. It was 61.8% 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 Braunschweig?

In 2023, the city of Braunschweig recorded a share of private-sector jobs that are low-paid 'mini-jobs' of 16.0%, compared with 19.7% in the median German district, which ranks it 102nd lowest of 400 districts. It was also 16.0% in 2019.

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

How many people commute to Braunschweig?

The commuter balance (net commuters per 100 jobs) in the city of Braunschweig was +22.2 in 2023, 56th highest of 400 districts in Germany; the median district stood at -11.7. It was also +22.2 in 2019.

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

How many businesses go bankrupt in Braunschweig?

At 5.0 in 2023, the number of company insolvency applications per 1,000 businesses in the city of Braunschweig ranked 99th highest of 400 German districts (district median 3.9). In 2019 the figure was 4.5.

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

What is the main industry in Braunschweig, Kreisfreie Stadt?

The largest part of the economy of Braunschweig, Kreisfreie Stadt in 2023 was finance, property and business services, at 51.3% of gross value added, followed by public administration, education, health and other services (17.4%).

Source: Eurostat · saved copy

How industrial is Braunschweig, Kreisfreie Stadt?

Factories, mines and energy produced 15.9% of the value added in Braunschweig, Kreisfreie Stadt in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

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

Gross value added rose from €15.1 billion in 2015 to €19.8 billion in 2023 in current prices, an increase of 31% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Braunschweig, Kreisfreie Stadt?

Of the 173,540 jobs located in Braunschweig, Kreisfreie Stadt in 2023, 34% in public services, education, health and other services, 14% in industry and 0.2% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Braunschweig, Kreisfreie Stadt?

The number of people working in Braunschweig, Kreisfreie Stadt rose by 6.6% between 2015 and 2023, to 173,540.

Source: Eurostat · saved copy

How Braunschweig, Kreisfreie Stadt compares with other districts in Germany

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

Braunschweig, Kreisfreie Stadt ranks 168 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
165Rhein-Sieg-Kreis5.4%
166Märkisch-Oderland5.4%
167Ilm-Kreis5.4%
168Braunschweig, Kreisfreie Stadt5.4%
169Darmstadt, Kreisfreie Stadt5.4%
170Potsdam, Kreisfreie Stadt5.4%
171Heinsberg5.4%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Braunschweig, Kreisfreie Stadt ranks 49 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
46Augsburg, Kreisfreie Stadt€4,068
47Essen, Kreisfreie Stadt€4,058
48Weilheim-Schongau€4,052
49Braunschweig, Kreisfreie Stadt€4,052
50Tübingen, Landkreis€4,038
51Nürnberg, Kreisfreie Stadt€4,035
52Bremen, Kreisfreie Stadt€4,031
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Braunschweig, Kreisfreie Stadt ranks 121 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
118Rottweil€30,478
119Ravensburg€30,464
120Neuburg-Schrobenhausen€30,464
121Braunschweig, Kreisfreie Stadt€30,460
122Oldenburg, Landkreis€30,460
123Karlsruhe, Stadtkreis€30,439
124Ostholstein€30,419
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)

Braunschweig, Kreisfreie Stadt ranks 310 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)
307Mannheim, Stadtkreis62.8%
308Lüneburg, Landkreis62.8%
309Leer62.8%
310Braunschweig, Kreisfreie Stadt62.8%
311Grafschaft Bentheim62.7%
312St. Wendel62.7%
313Saarpfalz-Kreis62.7%
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)

Braunschweig, Kreisfreie Stadt ranks 338 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
335Osterholz16.2%
336Dachau16.2%
337Aurich16.0%
338Braunschweig, Kreisfreie Stadt15.9%
339Rendsburg-Eckernförde15.9%
340Koblenz, Kreisfreie Stadt15.9%
341Bad Dürkheim15.8%
Source: Eurostat · saved copy

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

Braunschweig, Kreisfreie Stadt ranks 3 of 400, highest first.

RankAreaShare of output from finance, property and business services
1Hochtaunuskreis56.0%
2Coburg, Kreisfreie Stadt51.6%
3Braunschweig, Kreisfreie Stadt51.3%
4Frankfurt am Main, Kreisfreie Stadt43.9%
5Main-Taunus-Kreis42.1%
6München, Landkreis40.4%
7Düsseldorf, Kreisfreie Stadt39.0%
Source: Eurostat · saved copy

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

Braunschweig, Kreisfreie Stadt ranks 333 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
330Neu-Ulm17.5%
331Forchheim17.4%
332Rhein-Pfalz-Kreis17.4%
333Braunschweig, Kreisfreie Stadt17.4%
334Miltenberg17.0%
335Würzburg, Landkreis17.0%
336Ebersberg16.9%
Source: Eurostat · saved copy

More on Braunschweig, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Lower Saxony · Germany

Sources

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