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Economy, jobs and prices in Neumünster, Kreisfreie Stadt (Schleswig-Holstein, Germany): official figures

GDP per person was 50,300 purchasing power standards (PPS) in 2023, 131% of the EU average (117% for Germany); 73rd highest of 400 districts in Germany.

GDP per person (PPS)
50,300
2023
People in work
55,350
2023
Unemployment rate (% of civilian labour force)
8.3%
2023
Unemployment rate, under 25 (%)
7.8%
2023
Long-term unemployed (% of unemployed)
37.7%
2023
Median monthly gross wage, full-time employees (€)
€3,460
2023
Women's median full-time wage as % of men's
93.3%
2023
Purchasing power per resident (€ a year)
€27,681
2023

How big is the economy of Neumünster, Kreisfreie Stadt?

The local economy produced €4.5 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Neumünster, Kreisfreie Stadt?

About 55,350 people worked in Neumünster, Kreisfreie Stadt in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Neumünster?

At 8.3% in 2023, the unemployment rate in the city of Neumünster ranked 40th highest of 400 German districts (district median 5.0%). In 2019 the figure was 7.9%.

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

How high is youth unemployment in Neumünster?

At 7.8% in 2023, the unemployment rate among under-25s in the city of Neumünster ranked 42nd highest of 400 German districts (district median 4.4%). In 2019 the figure was 8.1%.

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

How many long-term unemployed are there in Neumünster?

The share of jobless people unemployed for a year or longer in the city of Neumünster was 37.7% in 2023, 89th highest of 400 districts in Germany; the median district stood at 31.8%. That is up from 35.5% in 2019.

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

What is the average salary in Neumünster?

At €3,460 in 2023, the median monthly gross wage of full-time employees in the city of Neumünster ranked 140th lowest of 400 German districts (district median €3,604). In 2019 the figure was €3,019.

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

What is the gender pay gap in Neumünster?

The median full-time wage of women as a share of men's in the city of Neumünster was 93.3% in 2023, 93rd highest of 400 districts in Germany; the median district stood at 88.5%. It was also 93.3% in 2019.

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

What is the purchasing power in Neumünster?

The purchasing power per resident in the city of Neumünster was €27,681 in 2023, 82nd lowest of 400 districts in Germany; the median district stood at €29,371. It was €21,989 in 2019.

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

What share of people work in Neumünster?

In 2023, the city of Neumünster recorded a share of working-age residents in jobs paying social insurance of 62.0%, compared with 66.1% in the median German district, which ranks it 79th lowest of 400 districts. That is up from 58.6% in 2019.

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

How many mini-jobs are there in Neumünster?

The share of private-sector jobs that are low-paid 'mini-jobs' in the city of Neumünster was 16.2% in 2023, 111th lowest of 400 districts in Germany; the median district stood at 19.7%. It was 16.7% in 2019.

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

How many people commute to Neumünster?

At +27.1 in 2023, the commuter balance (net commuters per 100 jobs) in the city of Neumünster ranked 43rd highest of 400 German districts (district median -11.7). It was +26.1 in 2019.

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

How many businesses go bankrupt in Neumünster?

The number of company insolvency applications per 1,000 businesses in the city of Neumünster was 9.6 in 2023, 4th highest of 400 districts in Germany; the median district stood at 3.9. That is up from 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 Neumünster, Kreisfreie Stadt?

The largest part of the economy of Neumünster, Kreisfreie Stadt in 2023 was trade, transport, hospitality and communications, at 28.1% of gross value added, followed by finance, property and business services (24.1%).

Source: Eurostat · saved copy

How industrial is Neumünster, Kreisfreie Stadt?

Factories, mines and energy produced 19.9% of the value added in Neumünster, Kreisfreie Stadt in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

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

Gross value added rose from €2.7 billion in 2015 to €4.1 billion in 2023 in current prices, an increase of 49% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Neumünster, Kreisfreie Stadt?

Of the 55,350 jobs located in Neumünster, Kreisfreie Stadt in 2023, 30% in public services, education, health and other services, 12% in industry and 0.8% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Neumünster, Kreisfreie Stadt?

The number of people working in Neumünster, Kreisfreie Stadt rose by 11.9% between 2015 and 2023, to 55,350.

Source: Eurostat · saved copy

How Neumünster, Kreisfreie Stadt compares with other districts in Germany

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

Neumünster, Kreisfreie Stadt ranks 40 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
37Magdeburg, Kreisfreie Stadt8.5%
38Chemnitz, Kreisfreie Stadt8.4%
39Salzlandkreis8.4%
40Neumünster, Kreisfreie Stadt8.3%
41Nordhausen8.3%
42Altenburger Land8.3%
43Bielefeld, Kreisfreie Stadt8.2%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Neumünster, Kreisfreie Stadt ranks 261 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
258Vulkaneifel€3,466
259Northeim€3,465
260Lüneburg, Landkreis€3,463
261Neumünster, Kreisfreie Stadt€3,460
262Roth€3,455
263Augsburg, Landkreis€3,455
264Rostock, Kreisfreie Stadt€3,452
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Neumünster, Kreisfreie Stadt ranks 319 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
316Werra-Meißner-Kreis€27,796
317Grafschaft Bentheim€27,741
318Jena, Kreisfreie Stadt€27,737
319Neumünster, Kreisfreie Stadt€27,681
320Hof, Kreisfreie Stadt€27,667
321Mannheim, Stadtkreis€27,660
322Wartburgkreis€27,648
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)

Neumünster, Kreisfreie Stadt ranks 322 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)
319Bielefeld, Kreisfreie Stadt62.2%
320Hochtaunuskreis62.1%
321Schwerin, Kreisfreie Stadt62.0%
322Neumünster, Kreisfreie Stadt62.0%
323Bamberg, Kreisfreie Stadt62.0%
324Neunkirchen62.0%
325Starnberg61.9%
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)

Neumünster, Kreisfreie Stadt ranks 287 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
284Mettmann20.0%
285Euskirchen19.9%
286Lübeck, Kreisfreie Stadt19.9%
287Neumünster, Kreisfreie Stadt19.9%
288Kusel19.7%
289Mecklenburgische Seenplatte19.7%
290Nordsachsen19.5%
Source: Eurostat · saved copy

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

Neumünster, Kreisfreie Stadt ranks 136 of 400, highest first.

RankAreaShare of output from finance, property and business services
133Lüneburg, Landkreis24.2%
134Magdeburg, Kreisfreie Stadt24.1%
135Enzkreis24.1%
136Neumünster, Kreisfreie Stadt24.1%
137Nordfriesland23.9%
138Minden-Lübbecke23.7%
139Gießen, Landkreis23.7%
Source: Eurostat · saved copy

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

Neumünster, Kreisfreie Stadt ranks 219 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
216Dachau22.3%
217Oder-Spree22.3%
218Krefeld, Kreisfreie Stadt22.3%
219Neumünster, Kreisfreie Stadt22.3%
220Ulm, Stadtkreis22.2%
221Wetteraukreis22.2%
222Schwalm-Eder-Kreis22.1%
Source: Eurostat · saved copy

More on Neumünster, Kreisfreie Stadt: overview · health · education and schools · poverty and living standards · government budget · Schleswig-Holstein · Germany

Sources

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