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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. The modernization and integration of the eastern German economy - where unemployment can exceed 20% in some municipalities - cont...  More..

Economy of Germany
SOURCE: CIA - The World Factbook
Currency Euro
GDP (PPP) $2.811 trillion (2009 est.)
GDP (per capita) $34,100 (2009 est.)
Exports $1.121 trillion (2009 est.)
Imports $931.3 billion (2009 est.)
Main Industries Among The World's Largest and Most Technologically Advanced Producers Of Iron, Steel, Coal, Cement, Chemicals, Machinery, Vehicles, Machine Tools, Electronics, Food and Beverages, Shipbuilding, Textiles
Exports - Commodities Machinery, Vehicles, Chemicals, Metals and Manufactures, Foodstuffs, Textiles
Imports - Commodities Machinery, Vehicles, Chemicals, Foodstuffs, Textiles, Metals
Exports Partners France 10.2%, US 6.7%, Netherlands 6.7%, UK 6.6%, Italy 6.3%, Austria 6%, China 4.5%, Switzerland 4.4% (2009 est.)
Imports Partners Netherlands 8.5%, China 8.2%, France 8.2%, US 5.9%, Italy 5.9%, UK 4.9%, Belgium 4.3%, Austria 4.3%, Switzerland 4.2% (2009 est.)

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