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

GDP per person was 38,300 purchasing power standards (PPS) in 2023, 100% of the EU average (117% for Germany); 184th highest of 400 districts in Germany.

GDP per person (PPS)
38,300
2023
People in work
61,550
2023
Unemployment rate (% of civilian labour force)
7.6%
2023
Unemployment rate, under 25 (%)
6.2%
2023
Long-term unemployed (% of unemployed)
33.8%
2023
Median monthly gross wage, full-time employees (€)
€3,850
2023
Women's median full-time wage as % of men's
89.9%
2023
Purchasing power per resident (€ a year)
€29,922
2023

How big is the economy of Remscheid, Kreisfreie Stadt?

The local economy produced €4.9 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Remscheid, Kreisfreie Stadt?

About 61,550 people worked in Remscheid, Kreisfreie Stadt in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Remscheid?

The unemployment rate in the city of Remscheid was 7.6% in 2023, 59th highest of 400 districts in Germany; the median district stood at 5.0%. In 2019 the figure was 7.1%.

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

How high is youth unemployment in Remscheid?

At 6.2% in 2023, the unemployment rate among under-25s in the city of Remscheid ranked 94th highest of 400 German districts (district median 4.4%). That is down from 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 Remscheid?

The share of jobless people unemployed for a year or longer in the city of Remscheid was 33.8% in 2023, 166th highest of 400 districts in Germany; the median district stood at 31.8%. It was 37.4% in 2019.

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

What is the average salary in Remscheid?

The median monthly gross wage of full-time employees in the city of Remscheid was €3,850 in 2023, 102nd highest of 400 districts in Germany; the median district stood at €3,604. In 2019 the figure was €3,557.

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

What is the gender pay gap in Remscheid?

The median full-time wage of women as a share of men's in the city of Remscheid was 89.9% in 2023, 166th highest of 400 districts in Germany; the median district stood at 88.5%. In 2019 the figure was 85.1%.

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

What is the purchasing power in Remscheid?

At €29,922 in 2023, the purchasing power per resident in the city of Remscheid ranked 158th highest of 400 German districts (district median €29,371). It was €24,148 in 2019.

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

What share of people work in Remscheid?

At 60.8% in 2023, the share of working-age residents in jobs paying social insurance in the city of Remscheid ranked 59th lowest of 400 German districts (district median 66.1%). In 2019 the figure was 59.6%.

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

How many mini-jobs are there in Remscheid?

The share of private-sector jobs that are low-paid 'mini-jobs' in the city of Remscheid was 20.0% in 2023, 186th highest of 400 districts in Germany; the median district stood at 19.7%. It was 20.1% in 2019.

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

How many people commute to Remscheid?

In 2023, the city of Remscheid recorded a commuter balance (net commuters per 100 jobs) of +5.9, compared with -11.7 in the median German district, which ranks it 96th highest of 400 districts. That is down from +8.0 in 2019.

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

How many businesses go bankrupt in Remscheid?

In 2023, the city of Remscheid had 5.1 company insolvency applications per 1,000 businesses, compared with 3.9 in the median German district, which ranks it 91st highest of 400 districts. That is down from 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 Remscheid, Kreisfreie Stadt?

The largest part of the economy of Remscheid, Kreisfreie Stadt in 2023 was industry (manufacturing, mining and energy), at 36.2% of gross value added, followed by public administration, education, health and other services (21.8%).

Source: Eurostat · saved copy

How industrial is Remscheid, Kreisfreie Stadt?

Industry (manufacturing, mining and energy) made up 36.2% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

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

Gross value added rose from €3.4 billion in 2015 to €4.5 billion in 2023 in current prices, an increase of 30% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Remscheid, Kreisfreie Stadt?

Of the 61,550 jobs located in Remscheid, Kreisfreie Stadt in 2023, 29% in public services, education, health and other services, 31% in industry and 0.1% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Remscheid, Kreisfreie Stadt?

The number of people working in Remscheid, Kreisfreie Stadt rose by 2.2% between 2015 and 2023, to 61,550.

Source: Eurostat · saved copy

How Remscheid, Kreisfreie Stadt compares with other districts in Germany

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

Remscheid, Kreisfreie Stadt ranks 59 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
56Lüchow-Dannenberg7.8%
57Cottbus, Kreisfreie Stadt7.8%
58Bottrop, Kreisfreie Stadt7.7%
59Remscheid, Kreisfreie Stadt7.6%
60Kiel, Kreisfreie Stadt7.6%
61Anhalt-Bitterfeld7.6%
62Region Hannover7.5%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Remscheid, Kreisfreie Stadt ranks 102 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
99Ravensburg€3,854
100Marburg-Biedenkopf€3,852
101Wuppertal, Kreisfreie Stadt€3,851
102Remscheid, Kreisfreie Stadt€3,850
103Pfaffenhofen a. d. Ilm€3,843
104Bamberg, Kreisfreie Stadt€3,836
105Pforzheim, Stadtkreis€3,835
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Remscheid, Kreisfreie Stadt ranks 158 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
155Leverkusen, Kreisfreie Stadt€29,989
156Essen, Kreisfreie Stadt€29,981
157Limburg-Weilburg€29,973
158Remscheid, Kreisfreie Stadt€29,922
159Ahrweiler€29,900
160Main-Kinzig-Kreis€29,898
161Krefeld, Kreisfreie Stadt€29,892
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)

Remscheid, Kreisfreie Stadt ranks 342 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)
339Osnabrück, Kreisfreie Stadt61.0%
340Wiesbaden, Kreisfreie Stadt60.9%
341Solingen, Kreisfreie Stadt60.9%
342Remscheid, Kreisfreie Stadt60.8%
343Salzgitter, Kreisfreie Stadt60.8%
344Lübeck, Kreisfreie Stadt60.7%
345Hamm, Kreisfreie Stadt60.6%
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)

Remscheid, Kreisfreie Stadt ranks 67 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
64Emmendingen37.1%
65Regensburg, Kreisfreie Stadt36.9%
66Coburg, Landkreis36.3%
67Remscheid, Kreisfreie Stadt36.2%
68Salzlandkreis36.1%
69Oder-Spree36.1%
70Dithmarschen35.7%
Source: Eurostat · saved copy

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

Remscheid, Kreisfreie Stadt ranks 226 of 400, highest first.

RankAreaShare of output from finance, property and business services
223Neckar-Odenwald-Kreis21.7%
224Weißenburg-Gunzenhausen21.6%
225Lippe21.6%
226Remscheid, Kreisfreie Stadt21.6%
227Waldshut21.6%
228Ansbach, Landkreis21.5%
229Aschaffenburg, Kreisfreie Stadt21.5%
Source: Eurostat · saved copy

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

Remscheid, Kreisfreie Stadt ranks 232 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
229Schwarzwald-Baar-Kreis21.9%
230Bremen, Kreisfreie Stadt21.9%
231Odenwaldkreis21.9%
232Remscheid, Kreisfreie Stadt21.8%
233Regen21.8%
234Steinfurt21.8%
235Fürstenfeldbruck21.6%
Source: Eurostat · saved copy

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

Sources

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