Klopp, who has been linked with taking over at Liverpool, made his decision after talks with his agent Marc Kosicke on Monday.
"After seven intense and emotional years, I think it's a good idea to let the numerous memories settle in before I take on a new challenge with my coaching team, refreshed and fully motivated," Klopp said in a statement published by Germany's SID agency.
"I'm going to take a break until further notice."
Source: PA