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City Review

Hamburg City Review

Aug 2017

US$725

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About This Report

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Home to the third biggest port in Europe, Hamburg stands as one of the major powerhouses of the German economy. Hamburg metropolitan region generated a total GDP of USD172 billion in 2016, making it the third biggest economic agglomeration in Germany, only behind Berlin (USD192 billion total GDP in 2016) and Munich (USD202 billion). Hamburg's current lifestyle developments are characterised by a strong tourist interest and slow rent growth.

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Overview

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HAMBURG HIGHLIGHTS

In 2016, Hamburg's labour productivity (gross value added per employee) reached USD93,600. While lagging behind Munich (USD116,600 labour productivity in 2016) and Frankfurt (USD109,100) - cities with a stronger presence of financial and hi-tech centres - Hamburg did exceed the average of the rest of the country by a quarter.

Greater labour productivity boosts household income

Hamburg's positive, albeit small, household income differential with other German regions is principally driven by the city's higher level of labour productivity. In 2016, average household income in Hamburg was 7.7% above that elsewhere in the country.

Consumer expenditure level ranks second after Berlin

Hamburg's total consumer expenditure reached USD74 billion in 2016, ranking second after Berlin. Thanks to affordable costs of transport and housing, spending per household (excluding transport and housing) was 4.1% higher in Hamburg than in the rest of Germany in 2016.

Affordable transport and housing costs

In terms of city affordability, Hamburg fares well in Germany. Combined expenditure on housing and transport per household (USD16,100 in 2016) is marginally below the level in the rest of Germany (USD16,200). However, housing expenses specifically were 2.7% higher in Hamburg than in the rest of Germany in 2016.

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Hamburg City Review

HAMBURG REVIEW AT A GLANCE

Understanding Hamburg Review structure

Chart 1 Overview

Key facts on Hamburg

Summary 1 Key Facts On Hamburg 2011, 2016, 2021

HAMBURG HIGHLIGHTS

History

Delimitation of the metropolitan region

Chart 2 Map Of Hamburg Metropolitan Area

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Chart 3 Industrial Composition Of Hamburg 2016
Chart 4 Labour Productivity: Selected Cities 2016

Recent developments and outlook

Chart 5 Dynamics Of Real GDP In Hamburg, Germany And Other Cities In Western Europe, 2011-2021
Summary 2 Labour Market Changes In Hamburg 2011, 2016

CONSUMER PROFILE

City demographics

Chart 6 Population By Age 2016
Chart 7 Drivers Of Population Growth In Hamburg 2011-2016

Household income

Chart 8 Household Distribution By Income In Hamburg 2016 And 2021

CONSUMER EXPENDITURE

Structure of household budget

Chart 9 Comparison Of Household Expenditure In Hamburg And Germany, 2016
Summary 3 Hamburg Household Budget Structure By Consumer Expenditure Item, % of total, 2011, 2016, 2021

City lifestyle

Growing Tourism Stimulates More Accommodation Provision
Hamburg - One Of Germany's Biggest Video Games Industry Clusters

City affordability

Housing
Chart 10 Household Expenditure On Housing: Selected Cities 2016
Transport
Chart 11 Household Expenditure On Transport: Selected Cities 2016

DEFINITIONS

APPENDIX

Summary 4 GDP Development, 2011, 2016, 2021
Summary 5 GDP By Origin, Current Prices, US$, Million, 2011-2016
Summary 6 Population And Labour Force, 2011-2016
Summary 7 Employed Population By Economic Sector, % of total, 2011-2016
Summary 8 Population By Sex And Broad Age Groups, ‘000, 2011-2016
Summary 9 Population Growth, 2011-2016
Summary 10 Forecast Population Growth
Summary 11 Population By Educational Attainment, 2011-2016
Summary 12 Structure Of Consumer Expenditure By Main Category, 2011-2016
Summary 13 Consumer Expenditure By Main Category, Per Household, Constant (2016) Prices, US$, 2011, 2016, 2021
Summary 14 Households By Income Band, % Of Total, Constant (2016) Prices 2011, 2016, 2021
Summary 15 Households By Income Band, ‘000, Current Prices 2011-2016
Summary 16 Inflation, 2011-2016
Summary 17 Transport Indicators, 2011-2016
Summary 18 Air Pollution, Concentration In Micrograms Per Cubic Metre, 2011-2016
Summary 19 Possession of Consumer Durables, % of Households, 2011, 2016, 2021

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Hamburg City Review

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About This Report

New Report Guarantee

Overview

Why buy this report?

HAMBURG HIGHLIGHTS

Greater labour productivity boosts household income

Consumer expenditure level ranks second after Berlin

Affordable transport and housing costs

Want to find out more about this report?

Table of Contents

Hamburg City Review

HAMBURG REVIEW AT A GLANCE

Understanding Hamburg Review structure

Key facts on Hamburg

HAMBURG HIGHLIGHTS

History

Delimitation of the metropolitan region

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Recent developments and outlook

CONSUMER PROFILE

City demographics

Household income

CONSUMER EXPENDITURE

Structure of household budget

City lifestyle

City affordability

DEFINITIONS

APPENDIX

Why buy this report?

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Megatrends

City Review

Hamburg City Review

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About This Report

New Report Guarantee

Overview

Why buy this report?

HAMBURG HIGHLIGHTS

Greater labour productivity boosts household income

Consumer expenditure level ranks second after Berlin

Affordable transport and housing costs

Want to find out more about this report?

Table of Contents

Hamburg City Review

HAMBURG REVIEW AT A GLANCE

Understanding Hamburg Review structure

Key facts on Hamburg

HAMBURG HIGHLIGHTS

History

Delimitation of the metropolitan region

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Recent developments and outlook

CONSUMER PROFILE

City demographics

Household income

CONSUMER EXPENDITURE

Structure of household budget

City lifestyle

City affordability

DEFINITIONS

APPENDIX

Why buy this report?

Want to find out more about this report?

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