Financial intermediation, real estate and business activities contributed 25.0% to the gross value added (GVA) in 2023, followed by mining, manufacturing and utilities activities (23.9%), wholesale, retail and hotels activities (12.0%). In nominal terms, the three sectors are expected to grow by 2.8%, 2.4% and 3.2%, respectively in 2024.
Four major states comprised 60.4% of the country’s population in 2023 and 62.6% of the German GDP in 2022, according to the Eurostat.
The DAX index has been on an upward trend. As of May 01, 2024, the index stood at 17,932.2, compared to 14,436.3 on May 01, 2023.
Four major states comprised 60.4% of the country’s population in 2023 and 62.6% of the German GDP in 2022, according to the Eurostat.
The DAX index has been on an upward trend. As of May 01, 2024, the index stood at 17,932.2, compared to 14,436.3 on May 01, 2023.
Scope
- As per the 2030 FTIP (Federal Transport Infrastructure Plan), Germany allocates EUR141.6 billion ($153.9 billion) for maintaining existing networks and EUR98.3 billion ($106.8 billion) for upgrades and new projects, totaling EUR269.6 billion ($293 billion) over the period.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Germany’s performance in country risk analysis in comparison to West Europe and World average
- Exhibit 2: Performance overview (score: 0-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: DAX index, (May 2023 - May 2024)
- Exhibit 5: Key sectors contribution to the economy (2019-26f)
- Exhibit 6: FDI inflows, FDI outflows, FDI inward stock and FDI outward stock (2018-22)
- Exhibit 7: Value and number of greenfield FDI projects and number of net cross border M&As purchases (2018-22)
- Exhibit 8: Key infrastructure indicators
- Exhibit 9: Real GDP and household consumption growth rate (2019-26f)
- Exhibit 10: Real GDP growth rate comparison (2023)
- Exhibit 11: Volume of exports and imports growth (2019-26f)
- Exhibit 12: Current account balance (2019-26f)
- Exhibit 13: Top three commodity exports, % of total exports (2019-22)
- Exhibit 14: Vehicles other than railway or tramway rolling stock, and parts and accessories thereof exports, % of World total (2022)
- Exhibit 15: Interest rates (April 2019 - April 2024)
- Exhibit 16: Exchange rate and inflation (2019-26f)
- Exhibit 17: Public finance (2019-26f)
- Exhibit 18: General government debt (2019-26f)
- Exhibit 19: Unemployment rate (2019-26f)
- Exhibit 20: Average annual wages (2019-26f)
- Exhibit 21: Labor cost index (2019-26f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2023)
- Exhibit 26: Number of patents granted per million population (2022)
- Exhibit 27: High technology exports, % of manufactured exports (2022)
- Exhibit 28: Rule of law index (rankings) 2023
- Exhibit 29: Corruption perceptions index (rankings) (2023)
- Exhibit 30: Renewable energy, installed capacity (2019-23)
- Exhibit 31: CO2 emissions (2018-22)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Puma
- Seimens
- Volkswagen
- Audi
