Economic importance of the extractive industry

Contribution of the extractive industry to economic output

Latest Update: December 2025

EITI Standard:

#4.1 Comprehensive disclosure of taxed and revenues#6.3 Contribution of the extractive sector to the economy
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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%)).

Sales in the mining and quarrying sector from 2016 to 2023

* Provision of services for mining and quarrying (W08-09) and in the subordinate role of ore mining (WZ08-07), related to companies with 20 and more employees

Sources

1 Destatis (2025): Federal national accounts (VGR) – Gross value added, Gross domestic product (nominal/price-adjusted): Germany, years, table code 81000-001, as of February 2025

2 World Bank (2025): GDP All Countries and Economies

3 Destatis (2025): Federal national accounts (VGR) – Gross value added, Gross domestic product (nominal/price-adjusted): Germany, years, table code 81000-0102, as of February 2025. Values from previous D-EITI reports are not comparable (see final note iii).