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Economy, jobs and prices in Neustadt an der Weinstraße, Kreisfreie Stadt (Rhineland-Palatinate, Germany): official figures

GDP per person was 34,300 purchasing power standards (PPS) in 2023, 89% of the EU average (117% for Germany); 252nd highest of 400 districts in Germany.

GDP per person (PPS)
34,300
2023
People in work
27,800
2023
Unemployment rate (% of civilian labour force)
6.1%
2023
Unemployment rate, under 25 (%)
6.2%
2023
Long-term unemployed (% of unemployed)
35.2%
2023
Median monthly gross wage, full-time employees (€)
€3,502
2023
Women's median full-time wage as % of men's
95.6%
2023
Purchasing power per resident (€ a year)
€30,341
2023

How big is the economy of Neustadt an der Weinstraße, Kreisfreie Stadt?

The local economy produced €2.0 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Neustadt an der Weinstraße, Kreisfreie Stadt?

About 27,800 people worked in Neustadt an der Weinstraße, Kreisfreie Stadt in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Neustadt an der Weinstraße?

The unemployment rate in the city of Neustadt an der Weinstraße was 6.1% in 2023, 115th highest of 400 districts in Germany; the median district stood at 5.0%. It was 5.1% in 2019.

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

How high is youth unemployment in Neustadt an der Weinstraße?

In 2023, the city of Neustadt an der Weinstraße recorded an unemployment rate among under-25s of 6.2%, compared with 4.4% in the median German district, which ranks it 95th highest of 400 districts. That is up from 5.3% 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 Neustadt an der Weinstraße?

In 2023, the city of Neustadt an der Weinstraße recorded a share of jobless people unemployed for a year or longer of 35.2%, compared with 31.8% in the median German district, which ranks it 137th highest of 400 districts. It was 30.4% in 2019.

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

What is the average salary in Neustadt an der Weinstraße?

In 2023, the city of Neustadt an der Weinstraße recorded a median monthly gross wage of full-time employees of €3,502, compared with €3,604 in the median German district, which ranks it 158th lowest of 400 districts. It was €3,141 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 Neustadt an der Weinstraße?

At 95.6% in 2023, the median full-time wage of women as a share of men's in the city of Neustadt an der Weinstraße ranked 62nd highest of 400 German districts (district median 88.5%). That is up from 92.3% in 2019.

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

What is the purchasing power in Neustadt an der Weinstraße?

At €30,341 in 2023, the purchasing power per resident in the city of Neustadt an der Weinstraße ranked 136th highest of 400 German districts (district median €29,371). It was €24,580 in 2019.

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

What share of people work in Neustadt an der Weinstraße?

The share of working-age residents in jobs paying social insurance in the city of Neustadt an der Weinstraße was 65.6% in 2023, 175th lowest of 400 districts in Germany; the median district stood at 66.1%. In 2019 the figure was 61.0%.

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

How many mini-jobs are there in Neustadt an der Weinstraße?

At 23.2% in 2023, the share of private-sector jobs that are low-paid 'mini-jobs' in the city of Neustadt an der Weinstraße ranked 62nd highest of 400 German districts (district median 19.7%). It was 23.5% in 2019.

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

How many people commute to Neustadt an der Weinstraße?

At -19.1 in 2023, the commuter balance (net commuters per 100 jobs) in the city of Neustadt an der Weinstraße ranked 139th lowest of 400 German districts (district median -11.7). In 2019 the figure was -15.1.

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

How many businesses go bankrupt in Neustadt an der Weinstraße?

The number of company insolvency applications per 1,000 businesses in the city of Neustadt an der Weinstraße was 3.7 in 2023, 179th lowest of 400 districts in Germany; the median district stood at 3.9. It was 4.3 in 2019.

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

What is the main industry in Neustadt an der Weinstraße, Kreisfreie Stadt?

The largest part of the economy of Neustadt an der Weinstraße, Kreisfreie Stadt in 2023 was public administration, education, health and other services, at 34.7% of gross value added, followed by finance, property and business services (28.3%).

Source: Eurostat · saved copy

How industrial is Neustadt an der Weinstraße, Kreisfreie Stadt?

Factories, mines and energy produced 7.6% of the value added in Neustadt an der Weinstraße, Kreisfreie Stadt in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Neustadt an der Weinstraße, Kreisfreie Stadt growing?

Gross value added rose from €1.4 billion in 2015 to €1.9 billion in 2023 in current prices, an increase of 32% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Neustadt an der Weinstraße, Kreisfreie Stadt?

Of the 27,800 jobs located in Neustadt an der Weinstraße, Kreisfreie Stadt in 2023, 44% in public services, education, health and other services, 6% in industry and 2.2% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Neustadt an der Weinstraße, Kreisfreie Stadt?

The number of people working in Neustadt an der Weinstraße, Kreisfreie Stadt fell by 0.1% between 2015 and 2023, to 27,800.

Source: Eurostat · saved copy

How Neustadt an der Weinstraße, Kreisfreie Stadt compares with other districts in Germany

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

Neustadt an der Weinstraße, Kreisfreie Stadt ranks 116 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
113Aurich6.1%
114Bautzen6.1%
115Bad Kreuznach6.1%
116Neustadt an der Weinstraße, Kreisfreie Stadt6.1%
117Baden-Baden, Stadtkreis6.1%
118Suhl, Kreisfreie Stadt6.1%
119Dresden, Kreisfreie Stadt6.1%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Neustadt an der Weinstraße, Kreisfreie Stadt ranks 243 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
240Rendsburg-Eckernförde€3,509
241Coesfeld€3,509
242Steinfurt€3,507
243Neustadt an der Weinstraße, Kreisfreie Stadt€3,502
244Merzig-Wadern€3,502
245Berchtesgadener Land€3,498
246Bottrop, Kreisfreie Stadt€3,496
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Neustadt an der Weinstraße, Kreisfreie Stadt ranks 136 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
133Neu-Ulm€30,357
134Oberallgäu€30,348
135Diepholz€30,344
136Neustadt an der Weinstraße, Kreisfreie Stadt€30,341
137Helmstedt€30,322
138Soest€30,318
139Gütersloh€30,311
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)

Neustadt an der Weinstraße, Kreisfreie Stadt ranks 226 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)
223Rosenheim, Kreisfreie Stadt65.6%
224Schweinfurt, Kreisfreie Stadt65.6%
225Wetteraukreis65.6%
226Neustadt an der Weinstraße, Kreisfreie Stadt65.6%
227Oberbergischer Kreis65.6%
228Stormarn65.6%
229Offenbach am Main, Kreisfreie Stadt65.6%
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)

Neustadt an der Weinstraße, Kreisfreie Stadt ranks 396 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
393Berlin9.0%
394Offenbach am Main, Kreisfreie Stadt8.3%
395Münster, Kreisfreie Stadt8.1%
396Neustadt an der Weinstraße, Kreisfreie Stadt7.6%
397Main-Taunus-Kreis7.5%
398Frankfurt (Oder), Kreisfreie Stadt7.3%
399Potsdam, Kreisfreie Stadt5.0%
Source: Eurostat · saved copy

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

Neustadt an der Weinstraße, Kreisfreie Stadt ranks 45 of 400, highest first.

RankAreaShare of output from finance, property and business services
42Miltenberg28.5%
43Rheinisch-Bergischer Kreis28.5%
44Fürth, Kreisfreie Stadt28.4%
45Neustadt an der Weinstraße, Kreisfreie Stadt28.3%
46Rhein-Sieg-Kreis28.3%
47Karlsruhe, Landkreis28.2%
48Oldenburg (Oldenburg), Kreisfreie Stadt28.2%
Source: Eurostat · saved copy

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

Neustadt an der Weinstraße, Kreisfreie Stadt ranks 32 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
29Heidelberg, Stadtkreis35.1%
30Vorpommern-Rügen34.9%
31Landshut, Kreisfreie Stadt34.8%
32Neustadt an der Weinstraße, Kreisfreie Stadt34.7%
33Bochum, Kreisfreie Stadt34.6%
34Tübingen, Landkreis34.4%
35Bonn, Kreisfreie Stadt34.4%
Source: Eurostat · saved copy

More on Neustadt an der Weinstraße, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Rhineland-Palatinate · Germany

Sources

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