Germany
Germany is the largest national economy in Europe, the fourth largest by nominal GDP in the world, and ranked fifth by GDP (PPP) in 2008.Since the age of industrialisation, the country has been a driver, innovator, and beneficiary of an ever more globalised economy. Germany is the world’s top exporter with $1.133 trillion exported in 2006 (Eurozone countries are included) and generates a trade surplus of ?165 billion.The service sector contributes around 70% of the total GDP, industry 29.1%, and agriculture 0.9%. Most of the country’s products are in engineering, especially in automobiles, machinery, metals, and chemical goods. Germany is the leading producer of wind turbines and solar power technology in the world. The largest annual international trade fairs and congresses are held in several German cities such as Hanover, Frankfurt, and Berlin.
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Demographic Data |
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Economic Data |
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Cultural & Other Data |
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GDP (PPP, $bn) |
2863 |
Capital |
Berlin |
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Area (sq. km.) |
357,021 |
GDP Real Growth (%) |
1.3 |
Other Large Cities |
Hamburg, Munich, Cologne, Frankfurt |
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Population (million) |
82.3 |
PerCap GDP ($) |
34,800 |
Primary Language |
German |
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Population Growth % |
-0.053 |
Prime Lending Rate (%) |
5.96 |
Urban Population % |
74 |
|
% Population Under 15yrs |
13.7 |
Inflation Rate% |
2.8 |
Urban Growth % |
0.1 |
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Population below poverty line (%) |
11 |
Unemployment% |
7.9 |
Literacy (% of population) |
99 |
|
Agricultural Workers (% of population) |
2 |
Foreign Direct Investment($bn) |
924.7 |
Education spending as % of GDP |
4.6 |
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Industrial Workers (% of population) |
30 |
Debt-External ($bn) |
4489 |
CPI Score (1-10)* |
7.9 |
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Service Workers (% of population) |
68 |
Exports ($bn) |
1530 |
Corporate Income Tax % |
30 |
|
Labor Force (mil) |
43.62 |
Imports ($bn) |
1202 |
Ease of Doing Business Ranking ** |
25 |
CURRENCY EXCHANGE RATE
05/08/09 $1 = 0.75 Euro
