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Germany

Germany : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$1.198 trillion (2011 est.)
$1.099 trillion (2010 est.)

Exports

$1.408 trillion (2011 est.)
$1.303 trillion (2010 est.)

Inflation rate (consumer prices)

2.3% (2011 est.)
1.1% (2010 est.)

Unemployment rate

6% (2011 est.)
7.1% (2010 est.)
note: this is the International Labor Organization's rate for international comparisons; Germany's Federal Employment Agency reported an annual average unemployment rate of 7.1% for 2011 and 7.7% for 2010.

GDP - per capita (PPP)

$38,400 (2011 est.)
$37,300 (2010 est.)
$35,900 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.6% (2010 est.)
-4.7% (2009 est.)
1% (2008 est.)

Internet users

65.125 million (2009)

Telephones - mobile cellular

105 million (2009)

Population growth rate

-0.2% (2012 est.)

Population

81,305,856 (July 2012 est.)

Historical background

As Europe's largest economy and second most populous nation (after Russia), Germany is a key member of the continent's economic, political, and defense organizations.

European power struggles immersed Germany in two devastating World Wars in the first half of the 20th century and left the country occupied by the victorious Allied powers of the US, UK, France, and the Soviet Union in 1945.

With the advent of the Cold War, two German states were formed in 1949: the western Federal Republic of Germany (FRG) and the eastern German Democratic Republic (GDR).

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Germany

Economic overview

The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force.

Like its western European neighbors, Germany faces significant demographic challenges to sustained long-term growth.

Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms.

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The Economist Intelligence Unit

Country Forecast Germany November 2017 Updater

  • $ 559
  • Country report
  • November 2017
  • by The Economist Intelligence Unit

In the September 24th election the centre-right Christian Democratic Union (CDU) won the largest share of the vote and it is now leading negotiations to form a coalition with the liberal Free Democratic ...

  • Countries : Germany, OECD, Europe

MarketLine

Germany - In-depth PESTLE insights

  • $ 350
  • Country report
  • September 2017
  • by MarketLine

Germany - In-depth PESTLE insightsSummaryThis PESTLE country analysis report on Germany provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with ...

  • Countries : Germany

Oxford Economics

By Country Industry Forecasts > Germany

  • $ 220
  • Country report
  • September 2017
  • by Oxford Economics

Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing ...

  • Countries : Germany

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