Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.
Throughout the Second World War, the United States consistently had the largest gross domestic product (GDP) in the world. Additionally, U.S. GDP grew significantly throughout the war, whereas the economies of Europe and Japan saw relatively little growth, and were often in decline. The impact of key events in the war is also reflected in the trends shown here - the economic declines of France and the Soviet Union coincide with the years of German invasion, while the economies of the three Axis countries experienced their largest declines in the final year of the war.
In 2022, Germany's gross domestic product (GDP) amounted to 3,867.05 billion euros. Germany is thus among the leading five countries in the world GDP ranking.
International standing
Germany’s economy is not only one of the largest worldwide, it is also the largest in Europe and predicted to be among the countries with the largest GDP by the year 2030. Additionally, Germany is among the 20 countries with the largest gross domestic product per capita, and it is one of the leading exporters and importers, only surpassed by China and the United States in both cases. Subsequently, it also reports one of the highest trade surpluses worldwide.
Employment
Germany’s national debt amounts to about 60 percent of GDP and is steadily decreasing. It also reports one of the lowest unemployment rates in the European Union. All signs seem to point to a very bright future for Germany’s economy. However, the country has been struggling with skilled labor shortages for a while and many companies are desperately looking for apprentices. This is partly due to very low population growth but also the rising unpopularity of apprenticeships.
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Explore the surprising 1% decline in German industrial production in October, signaling ongoing struggles and potential recession in Europe's largest economy.
In 2018, Germany’s GDP peaked at around four billion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards 5.57 billion by 2030. Germany has the fourth-largest GDP in the world, after the United States, China, and Japan. The national debt of Germany has steadily been falling since 2012 and is now about a quarter of the size of Japan’s and half that of the United States. Development of GDP per capita Gross domestic product per capita in Germany has been increasing since 2015 and experienced its last period of decline between the mid-nineties and early noughties. In 2001, GDP per capita was the lowest it had been since the early nineties, but more than doubled by the time of the financial crisis in 2008. GDP per capita fluctuated throughout the subsequent decade, before reaching around 48,000 U.S. dollars in 2018. Largest economic sectors The service sector generates the highest share of GDP in Germany at nearly 70 percent. Finance and telecommunications are a large part of the service sector, as well as tourism – including hospitality and accommodation. Roughly a quarter of GDP currently comes from the production industry, not including construction. Agriculture, fishing, and forestry make up less than one percent.
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Germany GOI: Weighted Rank data was reported at 12.000 NA in 2019. This records a decrease from the previous number of 25.000 NA for 2018. Germany GOI: Weighted Rank data is updated yearly, averaging 21.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 25.000 NA in 2018 and a record low of 12.000 NA in 2019. Germany GOI: Weighted Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Germany – Table DE.Milken: Global Oportunity Index.
The DACH region in Europe comprises the countries of Germany (D), Austria (A), and Switzerland (CH). In 2024, the gross domestic product (GDP) of all DACH countries amounted to approximately **** trillion U.S. dollars. Just under ** percent of this was from Germany, while ** percent came from Switzerland, and * percent from Austria. In comparison to population distribution across the region, Switzerland's GDP per capita was much higher than the other two countries. Germany’s economy Germany’s economy is the largest in Europe, with the majority of the country’s GDP coming from its service sector. The country’s service sector encompasses tourism, financial services, real estate, and other industries. This reflects Germany’s standing as a central financial and political pillar of the European Union, and its position as a popular tourist destination. Grouping the DACH countries The DACH countries are closely associated both geographically and culturally, primarily through shared use of the German language. The region hosts over 100 million inhabitants, with a life expectancy at birth of around 82 years, ten years more than global life expectancy. The DACH countries enjoy a high standard of living, which is reflected in a large GDP per capita in each country.
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Germany is ranked 22 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Germany improved to 22 in 2019 from 24 in 2018. This dataset provides the latest reported value for - Ease of Doing Business in Germany - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Entries and exits of industries in Top 3 and bottom 3 regions in terms of RV.
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Germany GOI: Total Rank data was reported at 10.000 NA in 2019. This records a decrease from the previous number of 15.000 NA for 2018. Germany GOI: Total Rank data is updated yearly, averaging 15.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 16.000 NA in 2017 and a record low of 10.000 NA in 2019. Germany GOI: Total Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Germany – Table DE.Milken: Global Oportunity Index.
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Types of externalities associated with economics structures.
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Germany DE: Population in Largest City data was reported at 3,576,873.000 Person in 2024. This records an increase from the previous number of 3,573,938.000 Person for 2023. Germany DE: Population in Largest City data is updated yearly, averaging 3,388,441.000 Person from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 3,576,873.000 Person in 2024 and a record low of 3,041,327.000 Person in 1983. Germany DE: Population in Largest City data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Population and Urbanization Statistics. Population in largest city is the urban population living in the country's largest metropolitan area.;United Nations, World Urbanization Prospects.;;
In 1938, the year before the Second World War, the United States had, by far, the largest economy in the world in terms of gross domestic product (GDP). The five Allied Great Powers that emerged victorious from the war, along with the three Axis Tripartite Pact countries that were ultimately defeated made up the eight largest independent economies in 1938.
When values are converted into 1990 international dollars, the U.S. GDP was over 800 billion dollars in 1938, which was more than double that of the second largest economy, the Soviet Union. Even the combined economies of the UK, its dominions, and colonies had a value of just over 680 billion 1990 dollars, showing that the United States had established itself as the world's leading economy during the interwar period (despite the Great Depression).
Interestingly, the British and Dutch colonies had larger combined GDPs than their respective metropoles, which was a key motivator for the Japanese invasion of these territories in East Asia during the war. Trade with neutral and non-belligerent countries also contributed greatly to the economic development of Allied and Axis powers throughout the war; for example, natural resources from Latin America were essential to the American war effort, while German manufacturing was often dependent on Swedish iron supplies.
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Germany DE: Population in Largest City: as % of Urban Population data was reported at 5.535 % in 2024. This records an increase from the previous number of 5.519 % for 2023. Germany DE: Population in Largest City: as % of Urban Population data is updated yearly, averaging 5.542 % from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 6.272 % in 1960 and a record low of 5.323 % in 1982. Germany DE: Population in Largest City: as % of Urban Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Population and Urbanization Statistics. Population in largest city is the percentage of a country's urban population living in that country's largest metropolitan area.;United Nations, World Urbanization Prospects.;Weighted average;
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Government Effectiveness: Percentile Rank in Germany was reported at 85.38 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - Government Effectiveness: Percentile Rank - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Exports in Germany decreased to 131.10 EUR Billion in April from 133.30 EUR Billion in March of 2025. This dataset provides - Germany Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Germany is the 15 least corrupt nation out of 180 countries, according to the 2024 Corruption Perceptions Index reported by Transparency International. This dataset provides the latest reported value for - Germany Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, Germany's real gross domestic product fell by around 0.23 percent compared to the previous year. Keeping it real Real gross domestic product is, by definition, a measure of the value of economic output adjusted for inflation. While nominal gross domestic product (GDP), often only referred to as gross domestic product, reflects the state of a country’s economy including everything produced by the inhabitants within the country, real GDP is a more precise measurement of economic growth since it takes price change into account. Germany’s race to the topGermany’s social market economy is one of the largest worldwide and continues to thrive. One of the strongest industries in Germany is car manufacturing: Several German vehicle manufacturers, like Daimler, Volkswagen, or BMW, are among the major global market players and have brought in billions of euros in revenue in the past years, fueling the economy for years to come.
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With the world population growth, energy consumption and the rapid development of industrial economy, a large amount of carbon emissions has brought destruction and threats to the earth’s environment on which human beings depend. The development of low-carbon economy has become the consensus of governments all over the world and has been vigorously advocated & promoted. This paper focuses on the top five global GDP nations in 2022: The United States, China, Japan, Germany, and Britain. A comprehensive evaluation index system of urban low-carbon economic development level is constructed from four dimensions: economic development level, environmental quality, energy consumption emission intensity and social development speed by using literature review and field interview. The evaluation measures are determined using the TOPSIS evaluation method with entropy weight and the grey relational model, providing a comprehensive assessment of the low-carbon economy’s development level in these five countries." Judging from the comprehensive evaluation score, the overall development of low-carbon economy in American cities is in good condition and has reached the development standard of low-carbon economy; Germany and Japan rank second and third, and they are low-carbon economies. Britain ranks fourth in comprehensive evaluation, although it belongs to a low-carbon economy country, but there is still a certain gap with Germany and Japan; There is still a big gap between China and the other four countries. Based on the measurement and evaluation outcomes, it presents recommendations and strategies to foster the growth of low-carbon economies, offering valuable insights for the advancement of such economies across different nations. The research results guide countries all over the world to reduce carbon emissions in the process of economic development, protect the earth environment on which human beings depend, and make a better tomorrow for sustainable development.
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With the world population growth, energy consumption and the rapid development of industrial economy, a large amount of carbon emissions has brought destruction and threats to the earth’s environment on which human beings depend. The development of low-carbon economy has become the consensus of governments all over the world and has been vigorously advocated & promoted. This paper focuses on the top five global GDP nations in 2022: The United States, China, Japan, Germany, and Britain. A comprehensive evaluation index system of urban low-carbon economic development level is constructed from four dimensions: economic development level, environmental quality, energy consumption emission intensity and social development speed by using literature review and field interview. The evaluation measures are determined using the TOPSIS evaluation method with entropy weight and the grey relational model, providing a comprehensive assessment of the low-carbon economy’s development level in these five countries." Judging from the comprehensive evaluation score, the overall development of low-carbon economy in American cities is in good condition and has reached the development standard of low-carbon economy; Germany and Japan rank second and third, and they are low-carbon economies. Britain ranks fourth in comprehensive evaluation, although it belongs to a low-carbon economy country, but there is still a certain gap with Germany and Japan; There is still a big gap between China and the other four countries. Based on the measurement and evaluation outcomes, it presents recommendations and strategies to foster the growth of low-carbon economies, offering valuable insights for the advancement of such economies across different nations. The research results guide countries all over the world to reduce carbon emissions in the process of economic development, protect the earth environment on which human beings depend, and make a better tomorrow for sustainable development.
Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.