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Economy, jobs and prices in Region Hannover (Lower Saxony, Germany): official figures

GDP per person was 51,500 purchasing power standards (PPS) in 2023, 134% of the EU average (117% for Germany); 68th highest of 400 districts in Germany.

GDP per person (PPS)
51,500
2023
People in work
703,250
2023
Unemployment rate (% of civilian labour force)
7.5%
2023
Unemployment rate, under 25 (%)
6.3%
2023
Long-term unemployed (% of unemployed)
42.8%
2023
Median monthly gross wage, full-time employees (€)
€3,944
2023
Women's median full-time wage as % of men's
91.8%
2023
Purchasing power per resident (€ a year)
€30,088
2023

How big is the economy of Region Hannover?

The local economy produced €65.7 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Region Hannover?

About 703,250 people worked in Region Hannover in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Region Hannover?

In 2023, Region Hannover recorded an unemployment rate of 7.5%, compared with 5.0% in the median German district, which ranks it 62nd highest of 400 districts. It was 6.4% in 2019.

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

How high is youth unemployment in Region Hannover?

At 6.3% in 2023, the unemployment rate among under-25s in Region Hannover ranked 90th highest of 400 German districts (district median 4.4%). That is up from 5.7% 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 Region Hannover?

In 2023, Region Hannover recorded a share of jobless people unemployed for a year or longer of 42.8%, compared with 31.8% in the median German district, which ranks it 25th highest of 400 districts. That is up from 38.0% in 2019.

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

What is the average salary in Region Hannover?

In 2023, Region Hannover recorded a median monthly gross wage of full-time employees of €3,944, compared with €3,604 in the median German district, which ranks it 71st highest of 400 districts. That is up from €3,576 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 Region Hannover?

The median full-time wage of women as a share of men's in Region Hannover was 91.8% in 2023, 121st highest of 400 districts in Germany; the median district stood at 88.5%. It was 87.5% in 2019.

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

What is the purchasing power in Region Hannover?

At €30,088 in 2023, the purchasing power per resident in Region Hannover ranked 152nd highest of 400 German districts (district median €29,371). It was €24,187 in 2019.

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

What share of people work in Region Hannover?

In 2023, Region Hannover recorded a share of working-age residents in jobs paying social insurance of 64.2%, compared with 66.1% in the median German district, which ranks it 134th lowest of 400 districts. That is up from 60.3% 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 Region Hannover?

In 2023, Region Hannover recorded a share of private-sector jobs that are low-paid 'mini-jobs' of 17.3%, compared with 19.7% in the median German district, which ranks it 134th lowest of 400 districts. It was 17.6% in 2019.

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

How many people commute to Region Hannover?

The commuter balance (net commuters per 100 jobs) in Region Hannover was +12.8 in 2023, 78th highest of 400 districts in Germany; the median district stood at -11.7. It was +12.4 in 2019.

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

How many businesses go bankrupt in Region Hannover?

At 4.8 in 2023, the number of company insolvency applications per 1,000 businesses in Region Hannover ranked 117th highest of 400 German districts (district median 3.9). In 2019 the figure was 4.4.

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

What is the main industry in Region Hannover?

The largest part of the economy of Region Hannover in 2023 was finance, property and business services, at 26.5% of gross value added, followed by public administration, education, health and other services (26.4%).

Source: Eurostat · saved copy

How industrial is Region Hannover?

Industry (manufacturing, mining and energy) made up 19.1% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Region Hannover growing?

Gross value added rose from €42.6 billion in 2015 to €60.0 billion in 2023 in current prices, an increase of 41% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Region Hannover?

Of the 703,250 jobs located in Region Hannover in 2023, 36% in public services, education, health and other services, 12% in industry and 0.5% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Region Hannover?

The number of people working in Region Hannover rose by 6.0% between 2015 and 2023, to 703,250.

Source: Eurostat · saved copy

How Region Hannover compares with other districts in Germany

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

Region Hannover ranks 62 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
59Remscheid, Kreisfreie Stadt7.6%
60Kiel, Kreisfreie Stadt7.6%
61Anhalt-Bitterfeld7.6%
62Region Hannover7.5%
63Unstrut-Hainich-Kreis7.4%
64Hamburg7.4%
65Städteregion Aachen7.4%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Region Hannover ranks 71 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
68Göppingen€3,963
69Mettmann€3,962
70Kassel, Kreisfreie Stadt€3,960
71Region Hannover€3,944
72Koblenz, Kreisfreie Stadt€3,938
73Rhein-Kreis Neuss€3,924
74Kiel, Kreisfreie Stadt€3,923
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Region Hannover ranks 152 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
149Siegen-Wittgenstein€30,127
150Oberbergischer Kreis€30,118
151Main-Tauber-Kreis€30,102
152Region Hannover€30,088
153Mayen-Koblenz€30,084
154Coburg, Landkreis€30,016
155Leverkusen, Kreisfreie Stadt€29,989
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)

Region Hannover ranks 267 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)
264Südliche Weinstraße64.3%
265Rhein-Kreis Neuss64.2%
266Steinburg64.2%
267Region Hannover64.2%
268Baden-Baden, Stadtkreis64.2%
269Leipzig, Kreisfreie Stadt64.2%
270Rhein-Erft-Kreis64.1%
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)

Region Hannover ranks 294 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
291Ahrweiler19.4%
292Rheinisch-Bergischer Kreis19.3%
293Bremerhaven, Kreisfreie Stadt19.2%
294Region Hannover19.1%
295Kleve19.1%
296Miesbach19.1%
297Flensburg, Kreisfreie Stadt19.0%
Source: Eurostat · saved copy

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

Region Hannover ranks 77 of 400, highest first.

RankAreaShare of output from finance, property and business services
74Rottal-Inn26.7%
75Bochum, Kreisfreie Stadt26.7%
76Bad Tölz-Wolfratshausen26.7%
77Region Hannover26.5%
78Aichach-Friedberg26.5%
79Karlsruhe, Stadtkreis26.3%
80Fulda26.3%
Source: Eurostat · saved copy

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

Region Hannover ranks 127 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
124Rhein-Sieg-Kreis26.8%
125Schleswig-Flensburg26.8%
126Steinburg26.5%
127Region Hannover26.4%
128Nordfriesland26.4%
129Salzlandkreis26.4%
130Solingen, Kreisfreie Stadt26.4%
Source: Eurostat · saved copy

More on Region Hannover: overview · health · education and schools · poverty and living standards · government budget · Lower Saxony · Germany

Sources

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