Contribution of the extractive industry to economic output

Contribution to the GDP

In 2023 and in 2024, the gross value added in Germany amounted to €3,825 and €3,901 billion at current prices, respectively.¹ According to the International Monetary Fund, this makes Germany the largest economy in Europe and the third largest in the world, measured in current US dollars.² The gross value added of the “mining and quarrying” economic sector amounted to €5.6 billion in 2023, which is equivalent to 0.15% of Germany’s gross value added.³

Turnover

“Mining and quarrying” sector companies generated a total turnover of around €11.1 billion (€10.6 billion) in 2023 (2024). Domestic sales accounted for around €10 billion (around 90%) (€9.5 billion (around 90%)) and export sales for €1.1 billion (around 10%) (€1.1 billion (around 10%)).

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