Distribution of People with Million-Euro Incomes in Germany

Hamburg stands as the undisputed hub of income millionaires in Germany, boasting an impressive density of 13 millionaires per 10,000 taxpayers. Following closely are Bavaria and Baden-Württemberg, renowned for their robust economies and significant populations.

Meanwhile, a stark West-East divide emerges: Eastern German states like Saxony-Anhalt and Thuringia have fewer than two income millionaires per 10,000 taxpayers. Overall, the number of millionaires in Germany continued to rise in 2023, maintaining its upward trend.