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Economy of Germany

By: Szabó Sándor

Germany is the largest national economy in Europe and the fourth-largest by nominal GDP in the world.

Currency : EURO

71%

28%

1%

GDP by sector

Services Industry Agriculture

The agriculture can not reached a whole percent , it’s just 0.8%.

In 2013, Germany recorded the highest trade surplus in the world worth $260 billion. This made Germany the biggest capital exporter in the world.

. With the manufacture of 5.2 million vehicles in 2009, Germany was the world’s fourth largest producer and largest exporter of automobiles. German automotive companies enjoy an extremely strong position in the so-called premium segment, with a combined world market share of about 90%.

Germany’s main export places.

Volkswagen Beetle , was an icon of West German reconstruction

5,2% of total population of Germany are unemployment ,now this mean about 3-4 million people.But this result also much better maybe the best in Europe because other country can not show such unemployment rate like Germany.

The labour productivity level of Germany is one of highest in Europe.

Germany is the world's fifth largest consumer of energy, and two-thirds of its primary energy was imported in 2002. In the same year, Germany was Europe's largest consumer of electricity, totaling 513 terawatt-hours.

Government policy promotes energy conservation and the development of renewable energy sources, such as solar, wind, biomass, hydroelectric, and geothermal energy.

The largest solar power and third-largest wind power capacity in the world is installed in Germany.

34%

22%

11%

11%

11%

1% 9%

Germany consumed energy from the fol-lowing sources

OilNatural gasLigniteBituminous coalNuclear powerHidro and wind powerOther

Germany is also one of the leading countries in developing and using green technologies. Companies specializing in green technology have an estimated turnover of 200€ billion.

Liquid crystal visualized by a polarizing microscope. Germany is a pioneer research center for nanotechnology and material engineering.

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