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Economy, jobs and prices in Saxony, Germany: official figures

GDP per person was 35,900 purchasing power standards (PPS) in 2024, 90% of the EU average; 12th highest of 16 states in Germany. PPS adjust for price differences between countries.

GDP per person (PPS)
35,900
2024
GDP per person (euros)
40,100
2024
GDP (million euros)
162,214
2024
Unemployment rate
4.8%
2025
Youth unemployment rate
9.1%
2025
Employment rate (20-64)
82.4%
2025
R&D spending (% of GDP)
2.25%
2023
Long-term unemployment (% of labour force)
2.1%
2025

How big is the economy of Saxony?

The regional economy produced €162.2 billion of output (GDP at market prices) in 2024, 3.7% of Germany's GDP.

Source: Eurostat · saved copy

What is the unemployment rate in Saxony?

The unemployment rate (age 15 to 74) was 4.8% in 2025, against 3.8% for Germany and 6.0% across the EU; 5th highest of 16 states in Germany.

Source: Eurostat · saved copy

What is youth unemployment in Saxony?

Youth unemployment (age 15 to 24) was 9.1% in 2025, against 7.1% for Germany; 2nd highest of 8 states in Germany.

Source: Eurostat · saved copy

What share of adults in Saxony are in work?

The employment rate (age 20 to 64) was 82.4% in 2025, against 81.1% for Germany and 76.1% across the EU; 4th highest of 16 states in Germany.

Source: Eurostat · saved copy

How much does Saxony spend on research and development?

Spending on research and development came to 2.25% of GDP in 2023 (3.10% nationally).

Source: Eurostat · saved copy

What is the gender pay gap in Saxony?

Women in Saxony earned 6% less per hour than men on average in 2025, 5th narrowest gender pay gap of 16 Länder (Germany: 16%).

Source: Statistische Ämter des Bundes und der Länder (Arbeitskreis Nachhaltigkeitsindikatoren) · saved copy

How many women work in Saxony?

80.9% of women aged 20 to 64 in Saxony were employed in 2025 (Germany: 77.8%).

Source: Statistische Ämter des Bundes und der Länder (Arbeitskreis Nachhaltigkeitsindikatoren) · saved copy

How much of Saxony's electricity is renewable?

Renewable sources generated 14.2% of the electricity produced in Saxony in 2022, 2nd lowest of 15 Länder (Germany: 44.6%).

Source: Statistische Ämter des Bundes und der Länder (Arbeitskreis Nachhaltigkeitsindikatoren) · saved copy

How many people in Saxony are long-term unemployed?

Long-term unemployment (people out of work for a year or more) stood at 2.1% of the labour force in 2025, against 1.1% for Germany as a whole and 1.9% across the EU; the highest of 13 states in Germany. In 2015 it was 3.3%.

Source: Eurostat · saved copy

What is the unemployment rate for women in Saxony?

Unemployment among women was 4.4% in 2025, against 3.5% for Germany as a whole and 6.2% across the EU; 3rd highest of 14 states in Germany. In 2015 it was 5.7%.

Source: Eurostat · saved copy

How many women in Saxony are in work?

The employment rate for women aged 20 to 64 reached 80.4% in 2025, against 77.7% for Germany as a whole and 71.3% across the EU; 2nd highest of 16 states in Germany. In 2015 it was 76.3%.

Source: Eurostat · saved copy

Is the economy of Saxony growing?

Output (gross value added, after inflation) changed by -0.8% in 2024, compared with -0.6% nationally; 8th highest of 16 states in Germany. In 2014 it was 3.0%.

Source: Eurostat · saved copy

How many cars are there in Saxony?

Residents of Saxony owned 542 cars per 1,000 people in 2024, compared with 590 nationally; 4th lowest of 16 states in Germany. In 2014 it was 515.

Source: Eurostat · saved copy

What is the average salary in Saxony?

Employers paid an average of €34,965 per employee in 2023, counting wages, salaries and employer social contributions, against €40,705 across Germany; 5th lowest of 16 states in Germany.

Source: Eurostat · saved copy

How many tourists visit Saxony?

Hotels, campsites and other tourist accommodation recorded 17.3 million nights in 2025, 12% of them by visitors from abroad.

Source: Eurostat · saved copy

What is the main industry in Saxony?

The largest part of the economy of Saxony in 2023 was public administration, education, health and other services, at 27.8% of gross value added, followed by industry (manufacturing, mining and energy) (23.8%).

Source: Eurostat · saved copy

How industrial is Saxony?

Industry (manufacturing, mining and energy) made up 23.8% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Saxony growing?

Gross value added rose from €103.0 billion in 2015 to €144.5 billion in 2023 in current prices, an increase of 40% before inflation.

Source: Eurostat · saved copy

Are jobs growing in Saxony?

The number of people working in Saxony rose by 3.2% between 2015 and 2024, to 2,064,510.

Source: Eurostat · saved copy

More figures

How Saxony compares with other states

Gender pay gap (unadjusted, % of men's hourly earnings) (2025)

Saxony ranks 12 of 16, highest first.

RankRegionGender pay gap (unadjusted, % of men's hourly earnings)
9Rhineland-Palatinate14%
10Schleswig-Holstein12%
11Berlin10%
12Saxony6%
13Thuringia5%
14Brandenburg4%
15Mecklenburg-Western Pomerania4%
Source: Statistische Ämter des Bundes und der Länder (Arbeitskreis Nachhaltigkeitsindikatoren) · saved copy

Employment rate, ages 60 to 64 (2025)

Saxony ranks 3 of 16, highest first.

RankRegionEmployment rate, ages 60 to 64
1Baden-Württemberg72.2%
2Bavaria69.5%
3Saxony69.0%
4Schleswig-Holstein68.0%
5Lower Saxony67.8%
6Rhineland-Palatinate67.8%
7Hesse67.3%
Source: Statistische Ämter des Bundes und der Länder (Arbeitskreis Nachhaltigkeitsindikatoren) · saved copy

Gross fixed capital formation as a share of GDP (2023)

Saxony ranks 6 of 13, highest first.

RankRegionGross fixed capital formation as a share of GDP
3Brandenburg23.5%
4Rhineland-Palatinate22.4%
5Baden-Württemberg22.2%
6Saxony20.6%
7Berlin20.0%
8Hesse19.9%
9Saxony-Anhalt19.8%
Source: Statistische Ämter des Bundes und der Länder (Arbeitskreis Nachhaltigkeitsindikatoren) · saved copy

Renewable share of electricity generation (2022)

Saxony ranks 14 of 15, highest first.

RankRegionRenewable share of electricity generation
9Brandenburg42.7%
10Baden-Württemberg34.4%
11Saarland27.6%
12Hamburg22.6%
13North Rhine-Westphalia17.7%
14Saxony14.2%
15Berlin6.2%
Source: Statistische Ämter des Bundes und der Länder (Arbeitskreis Nachhaltigkeitsindikatoren) · saved copy

Long-term unemployment (% of labour force) (2025)

Saxony ranks 1 of 13, highest first.

RankRegionLong-term unemployment (% of labour force)
1Saxony2.1%
2Berlin2.0%
3Saxony-Anhalt2.0%
4Hamburg1.6%
5Thuringia1.4%
6Brandenburg1.3%
7North Rhine-Westphalia1.2%
Source: Eurostat · saved copy

Unemployment rate, women (2025)

Saxony ranks 3 of 14, highest first.

RankRegionUnemployment rate, women
1Berlin5.9%
2Hamburg4.6%
3Saxony4.4%
4Saxony-Anhalt4.2%
5Mecklenburg-Western Pomerania4.1%
6North Rhine-Westphalia3.8%
7Schleswig-Holstein3.7%
Source: Eurostat · saved copy

Employment rate, women aged 20-64 (2025)

Saxony ranks 2 of 16, highest first.

RankRegionEmployment rate, women aged 20-64
1Bavaria81.1%
2Saxony80.4%
3Baden-Württemberg79.9%
4Brandenburg79.9%
5Thuringia79.9%
6Mecklenburg-Western Pomerania78.4%
7Rhineland-Palatinate78.2%
Source: Eurostat · saved copy

Real growth in gross value added (2024)

Saxony ranks 8 of 16, highest first.

RankRegionReal growth in gross value added
5Hesse0.4%
6Lower Saxony0.1%
7North Rhine-Westphalia-0.7%
8Saxony-0.8%
9Baden-Württemberg-0.9%
10Brandenburg-0.9%
11Bremen-1.2%
Source: Eurostat · saved copy

Passenger cars per 1,000 people (2024)

Saxony ranks 13 of 16, highest first.

RankRegionPassenger cars per 1,000 people
10Saxony-Anhalt573
11Thuringia568
12Mecklenburg-Western Pomerania564
13Saxony542
14Hamburg435
15Bremen427
16Berlin334
Source: Eurostat · saved copy

Compensation per employee (euros) (2023)

Saxony ranks 12 of 16, highest first.

RankRegionCompensation per employee (euros)
9Saarland€38,484
10Lower Saxony€37,712
11Schleswig-Holstein€35,904
12Saxony€34,965
13Brandenburg€34,645
14Thuringia€33,927
15Saxony-Anhalt€33,336
Source: Eurostat · saved copy

Nights spent in tourist accommodation (2025)

Saxony ranks 10 of 16, highest first.

RankRegionNights spent in tourist accommodation
7Hesse29.3 million
8Berlin29.2 million
9Rhineland-Palatinate20.0 million
10Saxony17.3 million
11Hamburg16.4 million
12Brandenburg12.5 million
13Thuringia8.1 million
Source: Eurostat · saved copy

Share of output from industry (manufacturing, mining and energy) (2023)

Saxony ranks 9 of 16, highest first.

RankRegionShare of output from industry (manufacturing, mining and energy)
6Rhineland-Palatinate26.5%
7Lower Saxony26.3%
8Bremen24.1%
9Saxony23.8%
10Brandenburg22.4%
11North Rhine-Westphalia22.0%
12Schleswig-Holstein20.2%
Source: Eurostat · saved copy

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

Saxony ranks 13 of 16, highest first.

RankRegionShare of output from finance, property and business services
10Baden-Württemberg23.1%
11Saarland22.5%
12Brandenburg21.6%
13Saxony21.1%
14Mecklenburg-Western Pomerania20.5%
15Thuringia18.2%
16Saxony-Anhalt17.8%
Source: Eurostat · saved copy

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

Saxony ranks 6 of 16, highest first.

RankRegionShare of output from public administration, education, health and other services
3Thuringia29.8%
4Saxony-Anhalt28.6%
5Brandenburg28.2%
6Saxony27.8%
7Schleswig-Holstein26.3%
8Saarland25.5%
9North Rhine-Westphalia24.3%
Source: Eurostat · saved copy

More on Saxony: overview · health · education and schools · poverty and living standards · government budget · government and politics · Germany

Sources

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