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Economy, jobs and prices in Köln, Kreisfreie Stadt (North Rhine-Westphalia, Germany): official figures

GDP per person was 70,000 purchasing power standards (PPS) in 2023, 182% of the EU average (117% for Germany); 28th highest of 400 districts in Germany.

GDP per person (PPS)
70,000
2023
People in work
811,610
2023
Unemployment rate (% of civilian labour force)
8.7%
2023
Unemployment rate, under 25 (%)
5.7%
2023
Long-term unemployed (% of unemployed)
45.1%
2023
Median monthly gross wage, full-time employees (€)
€4,283
2023
Women's median full-time wage as % of men's
88.1%
2023
Purchasing power per resident (€ a year)
€31,167
2023

How big is the economy of Köln, Kreisfreie Stadt?

The local economy produced €80.3 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Köln, Kreisfreie Stadt?

About 811,610 people worked in Köln, Kreisfreie Stadt in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Köln?

At 8.7% in 2023, the unemployment rate in the city of Köln ranked 31st highest of 400 German districts (district median 5.0%). In 2019 the figure was 7.8%.

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

How high is youth unemployment in Köln?

At 5.7% in 2023, the unemployment rate among under-25s in the city of Köln ranked 118th highest of 400 German districts (district median 4.4%). In 2019 the figure was 5.2%.

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

How many long-term unemployed are there in Köln?

At 45.1% in 2023, the share of jobless people unemployed for a year or longer in the city of Köln ranked 15th highest of 400 German districts (district median 31.8%). That is up from 42.3% in 2019.

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

What is the average salary in Köln?

The median monthly gross wage of full-time employees in the city of Köln was €4,283 in 2023, 32nd highest of 400 districts in Germany; the median district stood at €3,604. In 2019 the figure was €3,882.

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

What is the gender pay gap in Köln?

The median full-time wage of women as a share of men's in the city of Köln was 88.1% in 2023, 190th lowest of 400 districts in Germany; the median district stood at 88.5%. It was 85.1% in 2019.

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

What is the purchasing power in Köln?

At €31,167 in 2023, the purchasing power per resident in the city of Köln ranked 80th highest of 400 German districts (district median €29,371). It was €25,316 in 2019.

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

What share of people work in Köln?

At 63.1% in 2023, the share of working-age residents in jobs paying social insurance in the city of Köln ranked 103rd lowest of 400 German districts (district median 66.1%). That is up from 56.9% 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 Köln?

At 16.2% in 2023, the share of private-sector jobs that are low-paid 'mini-jobs' in the city of Köln ranked 110th lowest of 400 German districts (district median 19.7%). In 2019 the figure was 16.9%.

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

How many people commute to Köln?

In 2023, the city of Köln recorded a commuter balance (net commuters per 100 jobs) of +27.6, compared with -11.7 in the median German district, which ranks it 41st highest of 400 districts. That is up from +26.8 in 2019.

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

How many businesses go bankrupt in Köln?

At 5.0 in 2023, the number of company insolvency applications per 1,000 businesses in the city of Köln ranked 101st highest of 400 German districts (district median 3.9). It was 6.6 in 2019.

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

What is the main industry in Köln, Kreisfreie Stadt?

The largest part of the economy of Köln, Kreisfreie Stadt in 2023 was finance, property and business services, at 33.3% of gross value added, followed by trade, transport, hospitality and communications (26.9%).

Source: Eurostat · saved copy

How industrial is Köln, Kreisfreie Stadt?

Industry (manufacturing, mining and energy) made up 13.9% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

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

Gross value added rose from €56.0 billion in 2015 to €73.4 billion in 2023 in current prices, an increase of 31% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Köln, Kreisfreie Stadt?

Of the 811,610 jobs located in Köln, Kreisfreie Stadt in 2023, 33% in public services, education, health and other services, 8% in industry and 0.1% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Köln, Kreisfreie Stadt?

The number of people working in Köln, Kreisfreie Stadt rose by 10.4% between 2015 and 2023, to 811,610.

Source: Eurostat · saved copy

How Köln, Kreisfreie Stadt compares with other districts in Germany

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

Köln, Kreisfreie Stadt ranks 31 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
28Offenbach am Main, Kreisfreie Stadt8.8%
29Brandenburg an der Havel, Kreisfreie Stadt8.8%
30Vorpommern-Greifswald8.8%
31Köln, Kreisfreie Stadt8.7%
32Kyffhäuserkreis8.7%
33Bochum, Kreisfreie Stadt8.6%
34Dessau-Roßlau, Kreisfreie Stadt8.6%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Köln, Kreisfreie Stadt ranks 32 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
29Hamburg€4,304
30Ostalbkreis€4,302
31Ulm, Stadtkreis€4,295
32Köln, Kreisfreie Stadt€4,283
33Regensburg, Kreisfreie Stadt€4,262
34Mainz, Kreisfreie Stadt€4,260
35Heilbronn, Landkreis€4,259
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Köln, Kreisfreie Stadt ranks 80 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
77Freudenstadt€31,183
78Bergstraße€31,180
79Reutlingen€31,174
80Köln, Kreisfreie Stadt€31,167
81Darmstadt, Kreisfreie Stadt€31,154
82Hamburg€31,146
83Roth€31,115
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)

Köln, Kreisfreie Stadt ranks 299 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)
296Uelzen63.1%
297Aurich63.1%
298Herzogtum Lauenburg63.1%
299Köln, Kreisfreie Stadt63.1%
300Rhein-Lahn-Kreis63.1%
301Uckermark63.1%
302Erfurt, Kreisfreie Stadt63.0%
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)

Köln, Kreisfreie Stadt ranks 365 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
362Gera, Kreisfreie Stadt13.9%
363Leipzig, Kreisfreie Stadt13.9%
364Wiesbaden, Kreisfreie Stadt13.9%
365Köln, Kreisfreie Stadt13.9%
366Hamburg13.9%
367Offenbach, Landkreis13.8%
368Hof, Kreisfreie Stadt13.6%
Source: Eurostat · saved copy

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

Köln, Kreisfreie Stadt ranks 15 of 400, highest first.

RankAreaShare of output from finance, property and business services
12Starnberg34.2%
13München, Kreisfreie Stadt33.8%
14Mülheim an der Ruhr, Kreisfreie Stadt33.4%
15Köln, Kreisfreie Stadt33.3%
16Hamburg33.0%
17Stuttgart, Stadtkreis32.2%
18Erlangen-Höchstadt32.1%
Source: Eurostat · saved copy

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

Köln, Kreisfreie Stadt ranks 204 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
201Leipzig23.3%
202Sonneberg23.3%
203Wartburgkreis23.3%
204Köln, Kreisfreie Stadt23.2%
205Hochsauerlandkreis23.1%
206Saale-Holzland-Kreis23.1%
207Zwickau22.9%
Source: Eurostat · saved copy

More on Köln, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · North Rhine-Westphalia · Germany

Sources

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