Economy, jobs and prices in Magdeburg, Kreisfreie Stadt (Saxony-Anhalt, Germany): official figures
GDP per person was 38,100 purchasing power standards (PPS) in 2023, 99% of the EU average (117% for Germany); 191st highest of 400 districts in Germany.
How big is the economy of Magdeburg, Kreisfreie Stadt?
The local economy produced €10.3 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Magdeburg, Kreisfreie Stadt?
About 140,950 people worked in Magdeburg, Kreisfreie Stadt in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the unemployment rate in Magdeburg?
In 2023, the city of Magdeburg recorded an unemployment rate of 8.5%, compared with 5.0% in the median German district, which ranks it 37th highest of 400 districts. In 2019 the figure was 8.3%.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow high is youth unemployment in Magdeburg?
At 7.4% in 2023, the unemployment rate among under-25s in the city of Magdeburg ranked 55th highest of 400 German districts (district median 4.4%). That is down from 9.1% in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many long-term unemployed are there in Magdeburg?
At 31.8% in 2023, the share of jobless people unemployed for a year or longer in the city of Magdeburg ranked 199th highest of 400 German districts (district median 31.8%). In 2019 the figure was 30.5%.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the average salary in Magdeburg?
The median monthly gross wage of full-time employees in the city of Magdeburg was €3,399 in 2023, 121st lowest of 400 districts in Germany; the median district stood at €3,604. In 2019 the figure was €2,988.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the gender pay gap in Magdeburg?
At 102.0% in 2023, the median full-time wage of women as a share of men's in the city of Magdeburg ranked 22nd highest of 400 German districts (district median 88.5%). In 2019 the figure was 101.8%.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the purchasing power in Magdeburg?
In 2023, the city of Magdeburg recorded a purchasing power per resident of €27,207, compared with €29,371 in the median German district, which ranks it 56th lowest of 400 districts. In 2019 the figure was €21,788.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many mini-jobs are there in Magdeburg?
At 11.5% in 2023, the share of private-sector jobs that are low-paid 'mini-jobs' in the city of Magdeburg ranked 22nd lowest of 400 German districts (district median 19.7%). In 2019 the figure was 11.4%.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many people commute to Magdeburg?
The commuter balance (net commuters per 100 jobs) in the city of Magdeburg was +13.3 in 2023, 76th highest of 400 districts in Germany; the median district stood at -11.7. It was +13.6 in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyHow many businesses go bankrupt in Magdeburg?
In 2023, the city of Magdeburg had 4.8 company insolvency applications per 1,000 businesses, compared with 3.9 in the median German district, which ranks it 120th highest of 400 districts. It was 5.5 in 2019.
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copyWhat is the main industry in Magdeburg, Kreisfreie Stadt?
The largest part of the economy of Magdeburg, Kreisfreie Stadt in 2023 was public administration, education, health and other services, at 39.5% of gross value added, followed by finance, property and business services (24.1%).
Source: Eurostat · saved copyHow industrial is Magdeburg, Kreisfreie Stadt?
Industry (manufacturing, mining and energy) made up 9.4% of output in 2023, against 24.5% for Germany.
Source: Eurostat · saved copyHow fast is the economy of Magdeburg, Kreisfreie Stadt growing?
Gross value added rose from €6.9 billion in 2015 to €9.4 billion in 2023 in current prices, an increase of 37% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Magdeburg, Kreisfreie Stadt?
Of the 140,950 jobs located in Magdeburg, Kreisfreie Stadt in 2023, 43% in public services, education, health and other services, 7% in industry and 0.1% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Magdeburg, Kreisfreie Stadt?
The number of people working in Magdeburg, Kreisfreie Stadt rose by 3.9% between 2015 and 2023, to 140,950.
Source: Eurostat · saved copyHow Magdeburg, Kreisfreie Stadt compares with other districts in Germany
Unemployment rate (% of civilian labour force) (2023)
Magdeburg, Kreisfreie Stadt ranks 37 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %
| Rank | Area | Unemployment rate (% of civilian labour force) |
|---|---|---|
| 34 | Dessau-Roßlau, Kreisfreie Stadt | 8.6% |
| 35 | Hamm, Kreisfreie Stadt | 8.6% |
| 36 | Görlitz | 8.5% |
| 37 | Magdeburg, Kreisfreie Stadt | 8.5% |
| 38 | Chemnitz, Kreisfreie Stadt | 8.4% |
| 39 | Salzlandkreis | 8.4% |
| 40 | Neumünster, Kreisfreie Stadt | 8.3% |
Median monthly gross wage, full-time employees (€) (2023)
Magdeburg, Kreisfreie Stadt ranks 280 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro
| Rank | Area | Median monthly gross wage, full-time employees (€) |
|---|---|---|
| 277 | Bad Dürkheim | €3,405 |
| 278 | Bernkastel-Wittlich | €3,401 |
| 279 | Bayreuth, Landkreis | €3,400 |
| 280 | Magdeburg, Kreisfreie Stadt | €3,399 |
| 281 | Rotenburg (Wümme) | €3,398 |
| 282 | Kleve | €3,398 |
| 283 | Kusel | €3,397 |
Purchasing power per resident (€ a year) (2023)
Magdeburg, Kreisfreie Stadt ranks 345 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro
| Rank | Area | Purchasing power per resident (€ a year) |
|---|---|---|
| 342 | Emden, Kreisfreie Stadt | €27,218 |
| 343 | Kassel, Kreisfreie Stadt | €27,213 |
| 344 | Anhalt-Bitterfeld | €27,210 |
| 345 | Magdeburg, Kreisfreie Stadt | €27,207 |
| 346 | Weimar, Kreisfreie Stadt | €27,201 |
| 347 | Mittelsachsen | €27,183 |
| 348 | Offenbach am Main, Kreisfreie Stadt | €27,182 |
Residents in insured jobs (% of working-age population) (2023)
Magdeburg, Kreisfreie Stadt ranks 294 of 400, highest first. INKAR indicator: SV Beschäftigte am Wohnort je 100 Einwohner im erwerbsfähigen Alter in %
| Rank | Area | Residents in insured jobs (% of working-age population) |
|---|---|---|
| 291 | Potsdam, Kreisfreie Stadt | 63.3% |
| 292 | Kaiserslautern, Landkreis | 63.3% |
| 293 | Lahn-Dill-Kreis | 63.3% |
| 294 | Magdeburg, Kreisfreie Stadt | 63.2% |
| 295 | Dithmarschen | 63.2% |
| 296 | Uelzen | 63.1% |
| 297 | Aurich | 63.1% |
Share of output from industry (manufacturing, mining and energy) (2023)
Magdeburg, Kreisfreie Stadt ranks 391 of 400, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 388 | Garmisch-Partenkirchen | 9.7% |
| 389 | Frankfurt am Main, Kreisfreie Stadt | 9.6% |
| 390 | Hochtaunuskreis | 9.5% |
| 391 | Magdeburg, Kreisfreie Stadt | 9.4% |
| 392 | Harburg | 9.4% |
| 393 | Berlin | 9.0% |
| 394 | Offenbach am Main, Kreisfreie Stadt | 8.3% |
Share of output from finance, property and business services (2023)
Magdeburg, Kreisfreie Stadt ranks 134 of 400, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 131 | Heilbronn, Stadtkreis | 24.2% |
| 132 | Kaiserslautern, Kreisfreie Stadt | 24.2% |
| 133 | Lüneburg, Landkreis | 24.2% |
| 134 | Magdeburg, Kreisfreie Stadt | 24.1% |
| 135 | Enzkreis | 24.1% |
| 136 | Neumünster, Kreisfreie Stadt | 24.1% |
| 137 | Nordfriesland | 23.9% |
Share of output from public administration, education, health and other services (2023)
Magdeburg, Kreisfreie Stadt ranks 12 of 400, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 9 | Garmisch-Partenkirchen | 41.4% |
| 10 | Suhl, Kreisfreie Stadt | 40.6% |
| 11 | Ansbach, Kreisfreie Stadt | 40.4% |
| 12 | Magdeburg, Kreisfreie Stadt | 39.5% |
| 13 | Brandenburg an der Havel, Kreisfreie Stadt | 39.4% |
| 14 | Bayreuth, Kreisfreie Stadt | 39.2% |
| 15 | Gera, Kreisfreie Stadt | 38.9% |
More on Magdeburg, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Saxony-Anhalt · Germany
Sources
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP per person, PPS (NUTS 3), read 23 October 2026 · saved copy (SHA-256 3bf0fc662f56…)
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP, million euros (NUTS 3), read 23 October 2026 · saved copy (SHA-256 096e15e5fdb3…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment, thousand people (NUTS 3), read 23 October 2026 · saved copy (SHA-256 664e4e3a6dc0…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment (thousand persons) by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 222a97c302d3…)
- Eurostat: Eurostat dataset nama_10r_3gva: Gross value added at basic prices by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 c656e8563bdf…)
- Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung: INKAR – Indikatoren und Karten zur Raum- und Stadtentwicklung: 43 district (Kreise) indicators, 2012-2024 (table service extract), read 23 October 2026 · saved copy (SHA-256 0c743f54caf6…)
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