Germany Important Statistics

Germany is the fifth largest economy in the world and the largest within the Euro
Area. Germany is the second largest exporter in the world and exports account for
more than one-third of national output. As such, the export of high added value
products has been the main driver of growth in recent years. Composition of the
GDP on the expenditure side: household consumption (55 percent), gross capital
formation (20 percent, of which 10 percent in construction, 6 percent in machinery
and equipment and 4 percent in other products) and government expenditure (19
percent). Exports of goods and services account for 46 percent of GDP while imports
for 39 percent, adding 7 percent to total GDP.

Population: 82.2 mn
Persons in employment: 43.7 mn (3rd Quarter 2016)
Economic growth (GDP): 0.2% (3rd Quarter 2016)
Inflation rate: 0.8% (October 2016)
Share in gross domestic product:
Net lending
2015
0.7%
Public debt
2015
71.2%

Germany Economy Data:

Population (million)
GDP per capita (EUR)
GDP (EUR bn)

2011

2012

2013

2014

2015

80.3

80.5

80.8

81.1

81.4

33,599 34,228 34,980 36,003 37,156

2,699

2,756

2,825

2,920

3,023

Economic Growth (GDP, annual variation in %)

3.7

0.4

0.3

1.6

1.7

Domestic Demand (annual variation in %)

2.9

-1.0

0.8

1.3

1.6

Consumption (annual variation in %)

1.3

1.0

0.6

0.9

1.9

Investment (annual variation in %)

7.2

-0.4

-1.3

3.5

2.2

Exports (G&S, annual variation in %)

8.3

2.7

1.6

4.1

5.4

2011

2012

2013

2014

2015

Imports (G&S, annual variation in %)

7.0

-0.4

3.1

3.7

5.8

Industrial Production (annual variation in %)

7.3

-0.4

0.1

1.5

0.5

Retail Sales (annual variation in %)

1.1

0.1

0.1

1.2

3.0

Unemployment Rate

7.1

6.8

6.9

6.7

6.4

Fiscal Balance (% of GDP)

-1.0

-0.1

-0.1

0.3

0.6

Public Debt (% of GDP)

78.3

79.6

77.2

74.7

71.2

Inflation Rate (CPI, annual variation in %, eop)

2.0

2.0

1.4

0.2

0.3

Inflation Rate (CPI, annual variation in %)

2.1

2.0

1.5

0.9

0.2

Inflation (PPI, annual variation in %)

3.5

1.4

-0.5

-1.7

-2.3

1.00

0.75

0.25

0.05

0.05

-14.7

29.1

25.5

2.7

9.6

Exchange Rate (vs USD)

1.30

1.32

1.38

1.21

1.09

Exchange Rate (vs USD, aop)

1.39

1.29

1.33

1.33

1.11

Current Account (% of GDP)

6.0

7.1

6.8

7.3

8.4

Current Account Balance (EUR bn)

165

194

190

213

257

Trade Balance (EUR billion)

156

194

200

215

246

Policy Interest Rate (%)

Stock Market (annual variation in %)

GDP:
The Gross Domestic Product (GDP) in Germany was worth 3355.77 billion US dollars
in 2015. The GDP value of Germany represents 5.41 percent of the world economy.
GDP in Germany averaged 1868.06 USD Billion from 1970 until 2015, reaching an
all time high of 3868.29 USD Billion in 2014 and a record low of 215.02 USD Billion
in 1970.
Year-on-year, the GDP advanced 1.5 percent, compared to a 3.1 percent growth in
the previous three months and below an earlier projection of 1.7 percent expansion.
Household final consumption rose 1.5 percent, slower than a 2.7 percent growth in
the previous quarter. Government consumption expanded 4.5 percent, up from a
4.3 percent expansion in the June quarter. Overall consumption contributed 1.7
percentage points to growth. Gross fixed capital formation also grew 1.3 percent
(after a 4.4 percent expansion in the preceding quarter). Investment in other
products rose the most by 2.7 percent, followed by construction (+2.0 percent). In
contrast, machinery and equipment investment fell 0.6 percent. Overall investment
added 0.3 percentage points to growth. The reduction in inventories slowed down
the GDP growth by 0.1 percentage points. The balance of exports and imports
subtracted 0.3 percentage points to the year-on-year GDP growth.