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Economy, jobs and prices in Rostock, Kreisfreie Stadt (Mecklenburg-Western Pomerania, Germany): official figures

GDP per person was 45,100 purchasing power standards (PPS) in 2023, 117% of the EU average (117% for Germany); 104th highest of 400 districts in Germany.

GDP per person (PPS)
45,100
2023
People in work
122,830
2023
Unemployment rate (% of civilian labour force)
7.3%
2023
Unemployment rate, under 25 (%)
6.8%
2023
Long-term unemployed (% of unemployed)
32.0%
2023
Median monthly gross wage, full-time employees (€)
€3,452
2023
Women's median full-time wage as % of men's
97.3%
2023
Purchasing power per resident (€ a year)
€26,606
2023

How big is the economy of Rostock, Kreisfreie Stadt?

The local economy produced €10.3 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Rostock, Kreisfreie Stadt?

About 122,830 people worked in Rostock, Kreisfreie Stadt in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Rostock?

The unemployment rate in the city of Rostock was 7.3% in 2023, 67th highest of 400 districts in Germany; the median district stood at 5.0%. In 2019 the figure was 6.8%.

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

How high is youth unemployment in Rostock?

At 6.8% in 2023, the unemployment rate among under-25s in the city of Rostock ranked 72nd highest of 400 German districts (district median 4.4%). It was 6.4% 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 Rostock?

At 32.0% in 2023, the share of jobless people unemployed for a year or longer in the city of Rostock ranked 195th highest of 400 German districts (district median 31.8%). That is up from 29.6% in 2019.

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

What is the average salary in Rostock?

The median monthly gross wage of full-time employees in the city of Rostock was €3,452 in 2023, 137th lowest of 400 districts in Germany; the median district stood at €3,604. In 2019 the figure was €3,003.

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

What is the gender pay gap in Rostock?

At 97.3% in 2023, the median full-time wage of women as a share of men's in the city of Rostock ranked 52nd highest of 400 German districts (district median 88.5%). That is up from 94.6% in 2019.

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

What is the purchasing power in Rostock?

In 2023, the city of Rostock recorded a purchasing power per resident of €26,606, compared with €29,371 in the median German district, which ranks it 21st lowest of 400 districts. In 2019 the figure was €21,168.

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

What share of people work in Rostock?

The share of working-age residents in jobs paying social insurance in the city of Rostock was 64.1% in 2023, 129th lowest of 400 districts in Germany; the median district stood at 66.1%. It was 60.7% 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 Rostock?

In 2023, the city of Rostock recorded a share of private-sector jobs that are low-paid 'mini-jobs' of 12.4%, compared with 19.7% in the median German district, which ranks it 49th lowest of 400 districts. In 2019 the figure was 13.0%.

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

How many people commute to Rostock?

In 2023, the city of Rostock recorded a commuter balance (net commuters per 100 jobs) of +13.5, compared with -11.7 in the median German district, which ranks it 74th highest of 400 districts. In 2019 the figure was +12.4.

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

How many businesses go bankrupt in Rostock?

The number of company insolvency applications per 1,000 businesses in the city of Rostock was 2.3 in 2023, 48th lowest of 400 districts in Germany; the median district stood at 3.9. In 2019 the figure was 2.8.

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

What is the main industry in Rostock, Kreisfreie Stadt?

The largest part of the economy of Rostock, Kreisfreie Stadt in 2023 was public administration, education, health and other services, at 32.2% of gross value added, followed by trade, transport, hospitality and communications (25.4%).

Source: Eurostat · saved copy

How industrial is Rostock, Kreisfreie Stadt?

Industry (manufacturing, mining and energy) made up 15.7% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

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

Gross value added rose from €6.3 billion in 2015 to €9.4 billion in 2023 in current prices, an increase of 49% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Rostock, Kreisfreie Stadt?

Of the 122,830 jobs located in Rostock, Kreisfreie Stadt in 2023, 40% in public services, education, health and other services, 10% in industry and 0.1% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Rostock, Kreisfreie Stadt?

The number of people working in Rostock, Kreisfreie Stadt rose by 7.1% between 2015 and 2023, to 122,830.

Source: Eurostat · saved copy

How Rostock, Kreisfreie Stadt compares with other districts in Germany

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

Rostock, Kreisfreie Stadt ranks 67 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
64Hamburg7.4%
65Städteregion Aachen7.4%
66Neunkirchen7.4%
67Rostock, Kreisfreie Stadt7.3%
68Frankenthal (Pfalz), Kreisfreie Stadt7.3%
69Leverkusen, Kreisfreie Stadt7.3%
70Oberspreewald-Lausitz7.2%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Rostock, Kreisfreie Stadt ranks 264 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
261Neumünster, Kreisfreie Stadt€3,460
262Roth€3,455
263Augsburg, Landkreis€3,455
264Rostock, Kreisfreie Stadt€3,452
265Herzogtum Lauenburg€3,448
266Viersen€3,446
267Bad Kissingen€3,446
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Rostock, Kreisfreie Stadt ranks 380 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
377Cottbus, Kreisfreie Stadt€26,711
378Pirmasens, Kreisfreie Stadt€26,678
379Mecklenburgische Seenplatte€26,649
380Rostock, Kreisfreie Stadt€26,606
381Salzlandkreis€26,555
382Gelsenkirchen, Kreisfreie Stadt€26,521
383Hildburghausen€26,521
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)

Rostock, Kreisfreie Stadt ranks 272 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)
269Leipzig, Kreisfreie Stadt64.2%
270Rhein-Erft-Kreis64.1%
271Werra-Meißner-Kreis64.1%
272Rostock, Kreisfreie Stadt64.1%
273Mettmann64.0%
274Neuwied64.0%
275Vorpommern-Greifswald63.8%
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)

Rostock, Kreisfreie Stadt ranks 343 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
340Koblenz, Kreisfreie Stadt15.9%
341Bad Dürkheim15.8%
342Suhl, Kreisfreie Stadt15.8%
343Rostock, Kreisfreie Stadt15.7%
344Ebersberg15.7%
345Lüneburg, Landkreis15.6%
346Märkisch-Oderland15.5%
Source: Eurostat · saved copy

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

Rostock, Kreisfreie Stadt ranks 160 of 400, highest first.

RankAreaShare of output from finance, property and business services
157Ahrweiler23.3%
158Coburg, Landkreis23.3%
159Landshut, Landkreis23.3%
160Rostock, Kreisfreie Stadt23.2%
161Lindau (Bodensee)23.2%
162Straubing-Bogen23.2%
163Breisgau-Hochschwarzwald23.2%
Source: Eurostat · saved copy

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

Rostock, Kreisfreie Stadt ranks 53 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
50Nordhausen32.4%
51Cochem-Zell32.4%
52Bielefeld, Kreisfreie Stadt32.3%
53Rostock, Kreisfreie Stadt32.2%
54Göttingen32.2%
55Chemnitz, Kreisfreie Stadt32.0%
56Herne, Kreisfreie Stadt32.0%
Source: Eurostat · saved copy

More on Rostock, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Mecklenburg-Western Pomerania · Germany

Sources

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