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

GDP per person was 49,700 purchasing power standards (PPS) in 2023, 129% of the EU average (117% for Germany); 77th highest of 400 districts in Germany.

GDP per person (PPS)
49,700
2023
People in work
80,350
2023
Unemployment rate (% of civilian labour force)
4.1%
2023
Unemployment rate, under 25 (%)
3.1%
2023
Long-term unemployed (% of unemployed)
28.5%
2023
Median monthly gross wage, full-time employees (€)
€3,717
2023
Women's median full-time wage as % of men's
82.8%
2023
Purchasing power per resident (€ a year)
€31,845
2023

How big is the economy of Olpe?

The local economy produced €7.4 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Olpe?

About 80,350 people worked in Olpe in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Olpe?

At 4.1% in 2023, the unemployment rate in Olpe ranked 138th lowest of 400 German districts (district median 5.0%). In 2019 the figure was 3.3%.

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

How high is youth unemployment in Olpe?

The unemployment rate among under-25s in Olpe was 3.1% in 2023, 107th lowest of 400 districts in Germany; the median district stood at 4.4%. It was 2.6% 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 Olpe?

At 28.5% in 2023, the share of jobless people unemployed for a year or longer in Olpe ranked 146th lowest of 400 German districts (district median 31.8%). It was 28.3% in 2019.

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

What is the average salary in Olpe?

The median monthly gross wage of full-time employees in Olpe was €3,717 in 2023, 141st highest of 400 districts in Germany; the median district stood at €3,604. It was €3,458 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 Olpe?

The median full-time wage of women as a share of men's in Olpe was 82.8% in 2023, 61st lowest of 400 districts in Germany; the median district stood at 88.5%. In 2019 the figure was 77.7%.

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

What is the purchasing power in Olpe?

At €31,845 in 2023, the purchasing power per resident in Olpe ranked 49th highest of 400 German districts (district median €29,371). It was €25,483 in 2019.

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

What share of people work in Olpe?

The share of working-age residents in jobs paying social insurance in Olpe was 68.9% in 2023, 100th highest of 400 districts in Germany; the median district stood at 66.1%. In 2019 the figure was 65.9%.

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

How many mini-jobs are there in Olpe?

At 20.0% in 2023, the share of private-sector jobs that are low-paid 'mini-jobs' in Olpe ranked 186th highest of 400 German districts (district median 19.7%). That is down from 21.4% in 2019.

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

How many people commute to Olpe?

In 2023, Olpe recorded a commuter balance (net commuters per 100 jobs) of +3.9, compared with -11.7 in the median German district, which ranks it 104th highest of 400 districts. In 2019 the figure was +3.8.

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

How many businesses go bankrupt in Olpe?

The number of company insolvency applications per 1,000 businesses in Olpe was 3.5 in 2023, 157th lowest of 400 districts in Germany; the median district stood at 3.9. That is down from 3.6 in 2019.

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

What is the main industry in Olpe?

The largest part of the economy of Olpe in 2023 was industry (manufacturing, mining and energy), at 54.6% of gross value added, followed by finance, property and business services (15.2%).

Source: Eurostat · saved copy

How industrial is Olpe?

Industry (manufacturing, mining and energy) made up 54.6% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Olpe growing?

Gross value added rose from €4.4 billion in 2015 to €6.8 billion in 2023 in current prices, an increase of 53% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Olpe?

Of the 80,350 jobs located in Olpe in 2023, 26% in public services, education, health and other services, 40% in industry and 1.1% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Olpe?

The number of people working in Olpe rose by 4.1% between 2015 and 2023, to 80,350.

Source: Eurostat · saved copy

How Olpe compares with other districts in Germany

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

Olpe ranks 263 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
260Bad Dürkheim4.2%
261Germersheim4.2%
262Hildburghausen4.1%
263Olpe4.1%
264Regensburg, Kreisfreie Stadt4.1%
265Hersfeld-Rotenburg4.1%
266Erlangen, Kreisfreie Stadt4.1%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Olpe ranks 141 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
138Zweibrücken, Kreisfreie Stadt€3,726
139Rhein-Erft-Kreis€3,725
140Ebersberg€3,722
141Olpe€3,717
142Main-Kinzig-Kreis€3,716
143Forchheim€3,709
144Lippe€3,706
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Olpe ranks 49 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
46Heilbronn, Landkreis€31,986
47Rhein-Neckar-Kreis€31,986
48Fürth, Landkreis€31,971
49Olpe€31,845
50Rhein-Sieg-Kreis€31,792
51Tuttlingen€31,723
52Herzogtum Lauenburg€31,718
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)

Olpe ranks 100 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)
97Leipzig68.9%
98Saale-Holzland-Kreis68.9%
99Greiz68.9%
100Olpe68.9%
101Vogelsbergkreis68.9%
102Miltenberg68.8%
103Straubing, Kreisfreie Stadt68.8%
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)

Olpe ranks 8 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
5Salzgitter, Kreisfreie Stadt59.0%
6Böblingen57.4%
7Tuttlingen56.3%
8Olpe54.6%
9Ludwigshafen am Rhein, Kreisfreie Stadt54.5%
10Biberach53.2%
11Erlangen, Kreisfreie Stadt53.1%
Source: Eurostat · saved copy

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

Olpe ranks 384 of 400, highest first.

RankAreaShare of output from finance, property and business services
381Görlitz15.4%
382Ludwigshafen am Rhein, Kreisfreie Stadt15.4%
383Tuttlingen15.2%
384Olpe15.2%
385Nordsachsen15.0%
386Altmarkkreis Salzwedel14.9%
387Germersheim14.7%
Source: Eurostat · saved copy

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

Olpe ranks 368 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
365Germersheim15.0%
366Altötting14.7%
367Ludwigshafen am Rhein, Kreisfreie Stadt14.7%
368Olpe14.6%
369Mettmann14.6%
370Salzgitter, Kreisfreie Stadt14.4%
371Frankfurt am Main, Kreisfreie Stadt14.4%
Source: Eurostat · saved copy

More on Olpe: overview · health · education and schools · poverty and living standards · government budget · North Rhine-Westphalia · Germany

Sources

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