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Indicators of economy in Germany

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Germany reached 45.724 US dollars per inhabitant, or 3,806.06 bn US Dollar in the whole country. Germany is one of the world's largest economies and is currently at rank 4. If this is calculated per inhabitant taking into account the purchasing power parity, then Germany is in the list of the world's richest countries in place 15.

Inflation in Germany was in 2020 at around 0.51%. For the the EU, the average of the same was year at 0.50%.

The Corruption Perceptions Index for the public sector counts 80 and is compared to other countries good.


Back to overview: Germany

Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Germany
Total
Germany
per capita
EU
Total
EU
per capita
GDP3,806.06 bn USD45,723.64 USD15,192.65 tn USD29,499.72 USD
Gross national product3,910.86 bn USD46,982.69 USD16,012.29 tn USD31,091.23 USD


Germany ranked 4th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 51 of the 2000 largest listed companies in the world originate from Germany. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:

Rank 23: Volkswagen Group (Wolfsburg)
Rank 25: Allianz (Munich)
Rank 62: Siemens (Munich)
Rank 69: Deutsche Telekom (Bonn)
Rank 75: BMW Group (Munich)
Rank 102: Bayer (Leverkusen)
Rank 107: BASF (Ludwigshafen am Rhein)
Rank 150: SAP (Walldorf)
Rank 185: Deutsche Post (Bonn)
Rank 206: Munich Re (Munich)

Development of the Gross domestic product in billion US Dollar 1979 - 2020


Household debt and deficits 2019


 Germany
Total
Germany
per capita
EU
Total
EU
per capita
Gross debt2,303.00 bn USD27,666.78 USD14,618.72 tn USD28,385.31 USD
Budget deficit-58.74 bn USD-705.67 USD148.52 bn USD288.39 USD

Please note: A negative budget deficit equivalents to a surplus


Im- and Exports 2020

 Germany
Total
Germany
per capita
EU
Total
EU
per capita
Imports1,452.56 bn USD17,450.10 USD7,314.16 bn USD14,201.97 USD
Exports1,671.65 bn USD20,082.22 USD7,834.94 bn USD15,213.17 USD


Development of imports and exports in billion US dollars 1971 - 2020

Exports
Imports



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