Browse a full set of economic indicators

Germany

Includes historical data for Germany’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Europe’s Industrial Powerhouse

Europe’s largest economy boasts a sophisticated financial sector, a highly skilled workforce, a stable regulatory environment, a reliable infrastructure, and cutting-edge research and development resources. Politically and economically influential, Germany also ranks among the top countries in the world for inbound and outbound foreign direct investment and exports. The automotive, mechanical, chemical and electrical industries are pillars of its economy.

Weaknesses include a disproportionate dependence on trade with China and on international energy imports, the economy’s heavy reliance on a limited number of industries, and complex regulatory and accounting systems that can slow entrepreneurial activity and hinder stronger economic growth.

Macroeconomy & Sovereign Data

Type of Government Federal parliamentary republic
Capital Berlin
Sovereign Ratings S&P: AAA
Moody’s: Aaa
Fitch: AAA
Total Population 84.6 million
Median Age 45.0
Adult Per Capita Income (PPP) 64,297.95
Total GDP (2023) 4.6 trillion

Germany GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 1.5 trillion (2023)
Leading Exports Cars And Vehicle Parts
Packaged Medicines
Medical Cultures And Vaccines
Aircraft
Industrial Machinery
Medical Instruments
Total Imports USD 1.7 trillion (2022)
Leading Imports Cars And Vehicle Parts
Packaged Medicines
Broadcasting Equipment
Medical Cultures/Vaccines
Computers
Source: World Integrated Trade Solution

Germany Leading Companies

Allianz  Financials
Commerzbank  Financials
Volkswagen Group  Automobiles & Components
Daimler  Automobiles & Components
Deutsche Telekom  Media and Communications
Bayer  Pharmaceuticals
Siemens  Technology

Major Trade Partners — Import

China 12%
Netherlands 8%
United States 6%
Poland 6%
Italy 5%

Source: World Integrated Trade Solution

Major Trade Partners — Export

United States 9%
China 8%
France 7%
Netherlands 7%
Poland 6%

Source: World Integrated Trade Solution


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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