Financial intermediation, real estate and business activities contributed 25.7% to the gross value added (GVA) in 2022, followed by Mining, manufacturing and utilities (23.4%), and Other services (22.8%). The three sectors are forecast to grow by 4.8%, 4.8% and 5.3%, respectively, in 2023.
Four major states comprised 60.4% of the country's population in 2022 and 63% of the German GDP in 2021, according to EuroStat database
Four major states comprised 60.4% of the country's population in 2022 and 63% of the German GDP in 2021, according to EuroStat database
Key Highlights
The overall DAX (Germany DAX Index) exhibited an upward trend over last year. As of March 24, 2022, the index stood at 14,273.8, compared to 15,210.4 on March 24, 2023.Scope
- As per the World Intellectual Property Organization (WIPO), Global Innovation Index (2022), Germany ranked 1st out of 125 countries in terms of logistics performance parameter. According to the Federal Statistical Office, number of passengers travelled through bus, coach, and rail transport increased by 29% in 2022, compared with previous year
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 terms of its country risk analysis in comparison to West Europe and the World average
- Exhibit 2: Performance overview (score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: Stock market index - DAX (March 2022 to March 2023)
- Exhibit 5: Key sectors’ contribution to the economy
- Exhibit 6: FDI inflows to Germany, FDI outflows from Germany, and FDI inward stock, FDI outward stock (2017-21)
- Exhibit 7: Value and number of Greenfield FDI projects in Germany and net cross border M&As purchases in Germany (2017-21)
- Exhibit 8: Key infrastructure indicators
- Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 10: Real GDP growth rate comparison (2022)
- Exhibit 11: Export, import and trade balance (2018-25f)
- Exhibit 12: Current account balance (2018-25f)
- Exhibit 13: Top three commodity exports, % of total exports (2018-22)
- Exhibit 14: Vehicles exports, % of world total, 2021
- Exhibit 15: Interest rates (March 2018 - March 2023)
- Exhibit 16: Exchange rate and inflation (2018-2025f)
- Exhibit 17: Public finance (2018-25f)
- Exhibit 18: General government debt (2018-25f)
- Exhibit 19: Unemployment rate (2018-25f)
- Exhibit 20: Average annual wages (2018-25f)
- Exhibit 21: Labor cost index (2018-25f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025)
- Exhibit 25: Internet users % of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 26: Number of patents granted (2021)
- Exhibit 27: High-technology exports (% of manufactured exports) (2021)
- Exhibit 28: Rule of law (rankings) 2022
- Exhibit 29: Corruption perceptions index (rankings) (2022)
- Exhibit 30: Renewable energy, installed capacity (2017-21)
- Exhibit 31: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Puma
- Seimens
- Volkswagen
- Audi
