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Economy, jobs and prices in Greiz (Thuringia, Germany): official figures

GDP per person was 25,600 purchasing power standards (PPS) in 2023, 67% of the EU average (117% for Germany); 377th highest of 400 districts in Germany.

GDP per person (PPS)
25,600
2023
People in work
37,510
2023
Unemployment rate (% of civilian labour force)
5.4%
2023
Unemployment rate, under 25 (%)
5.6%
2023
Long-term unemployed (% of unemployed)
32.2%
2023
Median monthly gross wage, full-time employees (€)
€2,931
2023
Women's median full-time wage as % of men's
93.2%
2023
Purchasing power per resident (€ a year)
€25,486
2023

How big is the economy of Greiz?

The local economy produced €2.7 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Greiz?

About 37,510 people worked in Greiz in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the unemployment rate in Greiz?

The unemployment rate in Greiz was 5.4% in 2023, 173rd highest of 400 districts in Germany; the median district stood at 5.0%. It was 4.6% in 2019.

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

How high is youth unemployment in Greiz?

In 2023, Greiz recorded an unemployment rate among under-25s of 5.6%, compared with 4.4% in the median German district, which ranks it 125th highest of 400 districts. That is up from 5.4% 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 Greiz?

The share of jobless people unemployed for a year or longer in Greiz was 32.2% in 2023, 191st highest of 400 districts in Germany; the median district stood at 31.8%. It was 32.7% in 2019.

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

What is the average salary in Greiz?

In 2023, Greiz recorded a median monthly gross wage of full-time employees of €2,931, compared with €3,604 in the median German district, which ranks it 12th lowest of 400 districts. In 2019 the figure was €2,435.

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

What is the gender pay gap in Greiz?

In 2023, Greiz recorded a median full-time wage of women as a share of men's of 93.2%, compared with 88.5% in the median German district, which ranks it 95th highest of 400 districts. It was 91.9% in 2019.

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

What is the purchasing power in Greiz?

The purchasing power per resident in Greiz was €25,486 in 2023, 2nd lowest of 400 districts in Germany; the median district stood at €29,371. In 2019 the figure was €21,326.

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

What share of people work in Greiz?

In 2023, Greiz recorded a share of working-age residents in jobs paying social insurance of 68.9%, compared with 66.1% in the median German district, which ranks it 99th highest of 400 districts. It was 66.9% 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 Greiz?

The share of private-sector jobs that are low-paid 'mini-jobs' in Greiz was 12.8% in 2023, 60th lowest of 400 districts in Germany; the median district stood at 19.7%. That is up from 12.7% in 2019.

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

How many people commute to Greiz?

At -25.9 in 2023, the commuter balance (net commuters per 100 jobs) in Greiz ranked 98th lowest of 400 German districts (district median -11.7). That is up from -26.4 in 2019.

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

How many businesses go bankrupt in Greiz?

In 2023, Greiz had 2.9 company insolvency applications per 1,000 businesses, compared with 3.9 in the median German district, which ranks it 93rd lowest of 400 districts. It was 1.7 in 2019.

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

What is the main industry in Greiz?

The largest part of the economy of Greiz in 2023 was industry (manufacturing, mining and energy), at 28.8% of gross value added, followed by public administration, education, health and other services (22.9%).

Source: Eurostat · saved copy

How industrial is Greiz?

Industry (manufacturing, mining and energy) made up 28.8% of output in 2023, against 24.5% for Germany.

Source: Eurostat · saved copy

How fast is the economy of Greiz growing?

Gross value added rose from €1.8 billion in 2015 to €2.5 billion in 2023 in current prices, an increase of 35% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Greiz?

Of the 37,510 jobs located in Greiz in 2023, 27% in public services, education, health and other services, 27% in industry and 3.2% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Greiz?

The number of people working in Greiz fell by 6.1% between 2015 and 2023, to 37,510.

Source: Eurostat · saved copy

How Greiz compares with other districts in Germany

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

Greiz ranks 174 of 400, highest first. INKAR indicator: Anteil der Arbeitslosen an den zivilen Erwerbspersonen in %

RankAreaUnemployment rate (% of civilian labour force)
171Heinsberg5.4%
172Warendorf5.4%
173Paderborn5.4%
174Greiz5.4%
175Zwickau5.4%
176Uelzen5.3%
177Donnersbergkreis5.3%
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Greiz ranks 389 of 400, highest first. INKAR indicator: Medianeinkommen der sozialversicherungspflichtig Vollzeitbeschäftigten in Euro

RankAreaMedian monthly gross wage, full-time employees (€)
386Schmalkalden-Meiningen€2,944
387Havelland€2,943
388Ludwigslust-Parchim€2,942
389Greiz€2,931
390Mittelsachsen€2,925
391Saale-Holzland-Kreis€2,922
392Elbe-Elster€2,920
Source: Bundesinstitut für Bau-, Stadt- und Raumforschung (BBSR) im Bundesamt für Bauwesen und Raumordnung · saved copy

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

Greiz ranks 399 of 400, highest first. INKAR indicator: Kaufkraft je Einwohner in Euro

RankAreaPurchasing power per resident (€ a year)
394Halle (Saale), Kreisfreie Stadt€26,061
395Vorpommern-Greifswald€25,755
396Bremerhaven, Kreisfreie Stadt€25,737
397Eichsfeld€25,663
398Eifelkreis Bitburg-Prüm€25,628
399Greiz€25,486
400Trier, Kreisfreie Stadt€25,444
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)

Greiz ranks 99 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)
96Miesbach69.0%
97Leipzig68.9%
98Saale-Holzland-Kreis68.9%
99Greiz68.9%
100Olpe68.9%
101Vogelsbergkreis68.9%
102Miltenberg68.8%
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)

Greiz ranks 150 of 400, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
147Landsberg am Lech29.1%
148Leipzig29.0%
149Celle28.8%
150Greiz28.8%
151Neumarkt i. d. OPf.28.7%
152Freyung-Grafenau28.6%
153Passau, Landkreis28.5%
Source: Eurostat · saved copy

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

Greiz ranks 373 of 400, highest first.

RankAreaShare of output from finance, property and business services
370Zweibrücken, Kreisfreie Stadt16.1%
371Wesermarsch16.0%
372Oder-Spree15.9%
373Greiz15.9%
374Mansfeld-Südharz15.9%
375Biberach15.6%
376Salzlandkreis15.6%
Source: Eurostat · saved copy

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

Greiz ranks 209 of 400, highest first.

RankAreaShare of output from public administration, education, health and other services
206Saale-Holzland-Kreis23.1%
207Zwickau22.9%
208Viersen22.9%
209Greiz22.9%
210Siegen-Wittgenstein22.9%
211Nordsachsen22.8%
212Darmstadt, Kreisfreie Stadt22.8%
Source: Eurostat · saved copy

More on Greiz: overview · health · education and schools · poverty and living standards · government budget · Thuringia · Germany

Sources

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