Market Information
Capital
Berlin
Languages
German, English
Population (as of September, 2021)
84,098,904
Territory
357,386 km²
Currency
Euro (EUR)
GDP
$4,470 billion (2020)
GDP growth (2020)
-4,9%
GDP structure
agriculture: 0.7%
industry: 30.7%
services: 68.6%
industry: 30.7%
services: 68.6%
Key industries
electrical industry
car manufacturing
perfumery production
instrument and machine tool building
chemical production
non-ferrous and ferrous metallurgy
shipbuilding
manufacturing of space and aviation technology
car manufacturing
perfumery production
instrument and machine tool building
chemical production
non-ferrous and ferrous metallurgy
shipbuilding
manufacturing of space and aviation technology
Leading exports
the USA: 8.64%
China: 7.97%
France: 7.5%
the Netherlands: 6.44%
the UK: 5.51%
Poland: 5.33%
Italy: 4.99%
Austria: 4.81%
Switzerland: 4.78%
Belgium: 3.56%
China: 7.97%
France: 7.5%
the Netherlands: 6.44%
the UK: 5.51%
Poland: 5.33%
Italy: 4.99%
Austria: 4.81%
Switzerland: 4.78%
Belgium: 3.56%
Industrial Centre
Munich
Berlin
Frankfurt am Main
Dusseldorf
Stuttgart
Berlin
Frankfurt am Main
Dusseldorf
Stuttgart
Unemployment level
6%
Corruption Perceptions Index
80 (2021)
Economic freedom
29th place
Easy to do business with
22nd place out of 190 (2020)
International agreements
WTO membership
since 1995
Free trade zones
The free trade zones in Germany are the Freeport of Bremerhaven and the Freeport of Cuxhaven. The Bremerhaven area was subject to a number of expansions and it now totals an approximately area of 4,000,000 m². The Freeport of Cuxhaven covers an area of about 147,800 m².These zones are situated within ports and process and manufacture value-added products for EU external markets. Both German and foreign companies can do business in these free trade zones.