SlideShare a Scribd company logo
GERMAN ECONOMY
By,
Gaurav Nikam
Kuldipsinh Rayjada
Amish Chovatiya
Sagar Ghimeliya
Shweta Singh
Pranali Trivedi
Assisted by: Prof. Rita Sharma
HISTORY
• Germany before 1800 was heavily rural, with some
urban trade centres.
• In 19th century it began the stage of rapid economic
growth and modernization, led by heavy industries.
• By 1900 it became the largest economy of Europe.
• West Germany became an “economic miracle” in the
1950s and 1960s with the help of Marshall’s plan.
• In Germany the industrial revolution began 100 years
ahead of Britain.
INTRODUCTION
• Germany is the largest economy in Europe.
• It is the forth largest economy in the world by
nominal GDP and the fifth largest by GDP(PPP).
• The country is a founding member of the European
union and the Eurozone.
• The socio-economic policy of Germany is based on
the concept social market economy.
• German economy is the third most complex
economy according to economic complexity index.
SOME FACTS AND FIGURES
• As of January 2015 the unemployment rate was 4.8%.
• As of December 2014 the CPI rate was 0.6%.
• Freedom from corruption is 78% and decreasing.
• Nominal GDP is $3915 Trillion
• GDP(PPP) is $3486 Trillion
• GDP growth rate is 1.6%
• GDP per capita is $48226(nominal) and $46896(PPP)
• GDP by sector: agriculture 0.9%, industry 29.1%, service 70%.
• Inflation is 0.5%
• Labour force 43.93 million
• Agriculture(2.4%), industry(29.7%), services(67.8%)
• Average gross salary is EUR2977/ $4076 monthly.
BASIC ASPECTS OF GERMAN ECONOMY
INDUSTRIES
• Of the world's 500 largest stock-market-listed companies measured by
revenue in 2010, the Fortune Global 500, 37 are headquartered in
Germany. Well-known global brands are Mercedes-
Benz, BMW, SAP, Siemens,Volkswagen, Adidas, Audi, Allianz, Porsche,Bayer
, BASF, Bosch, and Nivea.
• Germany is recognised for its specialised small and medium enterprises.
Around 1000 of this companies are global market leaders in their
segments.
• Germany excels in production of automobiles, machinery, chemicals and
electrical equipments. With the production of 5.2 million automobiles in
2009, Germany was the forth largest producer and of automobiles.
SERVICE SECTOR
• In 2008 services constituted 70% of gross domestic
product (GDP), and the sector employed 67.5% of
the workforce.
• The subcomponents of services are financial, renting,
and business activities (30.5%); trade, hotels and
restaurants, and transport (18%); and other service
activities (21.7%).
• Germans were the first to bring insurance policies.
Germany as an Export Nation
• Germany is the third largest export economy in the world .
• Germany is the largest exporter of automobiles in the world.
• It is the largest capital exporter in the world.
• In 2013 Germany exported $1.38T and imported $1.15T ,
resulting in positive trade balance of $237B.
• The top exports of Germany are Cars ($152B), Vehicle
Parts ($58.7B),Packaged Medicaments ($50.9B), Planes,
Helicopters, and/or Spacecraft($32.6B) and Petroleum
Gas ($24.2B).
EDUCATION
• Germany has one of the highest levels of upper
secondary attainment
• 86% of the country’s 25-64 year-olds have obtained
at least an upper secondary qualification
• Germany is one of the top most preferred higher
education destination in the world.
WEALTH
• Germany is the richest country in Europe, and the
second richest in the world after the United States, in
terms of the number of high wealth households
worth more than $100 million.
INFRASTRUCTURE
• Germany boasts a highly developed infrastructure with
dynamic growth.
• The railroad network is approx. 41,000 kilometres long, and
there are 230,000 kilometres of roads.
• The country has one of the world’s most modern telephone
and communications networks
• Germany is the fifth largest consumer of energy in the world.
It is the highest consumer of electricity in Europe, 512.9
terawatts-hour.
• With its central position in Europe, Germany is an important
transportation hub
FINANCIAL CRISIS
• The German economy practically stagnated in the beginning
of the 2000s.
• The worst growth figures were achieved in 2002 (+1.4%), in
2003 (+1.0%) and in 2005 (+1.4%).
• Unemployment was also chronically high. Due to these
problems, together with Germany's aging population, the
welfare system came under considerable strain.
• This led the government to push through a wide-ranging
programme of belt-tightening reforms, Agenda 2010,
including the labour market reforms known as Hartz I – IV.
INDIA vs GERMANY
• According to Economic complexity index the ECI
value of Germany is 2.03 making it the third most
complex economy.
• The ECI rank of India is 47 with the value of 0.25.
AGRICULTURE SERVICE INDUSTRY
INDIA 17% 57% 26%
GERMANY 0.9% 70% 29.1%
BUISINESS FREEDOM
GOVERNMENT SPENDING
INVESTMENT FREEDOM
FREEDOM FROM CORRUPTION
OVERVIEW
• STRENGHT
1. High innovation rates/ skilled labour
2. Strong export
3. Price stability, low inflation
4. High investments in research and development
5. Low debts, high savings
6. Transparent and anti-corrupt system.
• WEAKNESSES
1. Few natural resources
2. High dependence on external market
3. Dependence on energy and oil supply
REFERENCES
1. http://www.heritage.org/index/visualize?countries
=germany|india&src=country
2. https://en.wikipedia.org/wiki/Economy_of_German
y#Data
3. http://www.economist.com/topics/german-
economy
4. http://www.tatsachen-ueber-
deutschland.de/en/content-home/facts-and-
figures/economy.html
5. http://atlas.media.mit.edu/en/profile/country/deu/
6. http://atlas.cid.harvard.edu/rankings/
THANK YOU

More Related Content

What's hot

The european union
The european unionThe european union
The european union
Muhamad SHABAREK
 
China's economic growth
China's economic growthChina's economic growth
China's economic growth
lideresacademicos
 
Powerpoint Germany
Powerpoint GermanyPowerpoint Germany
Powerpoint Germany
JohannaGschwendner
 
Asian financial crisis
Asian financial crisisAsian financial crisis
Asian financial crisis
Pawan Kawan
 
GERMANY
GERMANYGERMANY
Germany
GermanyGermany
Germany
awolfnj
 
Euro Crisis
Euro CrisisEuro Crisis
Euro Crisis
VIVEK KUMAR
 
Conflict between ukraine and russia
Conflict between ukraine and russiaConflict between ukraine and russia
Conflict between ukraine and russia
Burnee Bok
 
Federal republic of germany basics and culture
Federal republic of germany   basics and cultureFederal republic of germany   basics and culture
Federal republic of germany basics and culture
Markus Alexander
 
Germany presentation
Germany presentationGermany presentation
Germany presentation
snowborn
 
German Culture
German CultureGerman Culture
German Culture
Moiz Uddin
 
European union
European unionEuropean union
European union
Ali Heydari
 
USA-China Trade War and its global impact
USA-China Trade War and its global impactUSA-China Trade War and its global impact
USA-China Trade War and its global impact
Jahid Khan Rahat
 
Greece crisis and its impact final ppt
Greece crisis and its impact final pptGreece crisis and its impact final ppt
Greece crisis and its impact final ppt
Sumit Tamrakar
 
Economic Diplomacy
Economic DiplomacyEconomic Diplomacy
Economic Diplomacy
Tallat Satti
 
Germany
GermanyGermany
Germany
Silver_Line
 
Germany powerpoint
Germany powerpointGermany powerpoint
Germany powerpoint
hcollins15
 
turkey country analysis
turkey country analysisturkey country analysis
turkey country analysis
Sulabh Subedi
 
Trade war between us vs china
Trade war between us vs chinaTrade war between us vs china
Trade war between us vs china
Nilam Patel
 
Switzerland : A country overview
Switzerland : A country overviewSwitzerland : A country overview
Switzerland : A country overview
Dhaval Bhatkar
 

What's hot (20)

The european union
The european unionThe european union
The european union
 
China's economic growth
China's economic growthChina's economic growth
China's economic growth
 
Powerpoint Germany
Powerpoint GermanyPowerpoint Germany
Powerpoint Germany
 
Asian financial crisis
Asian financial crisisAsian financial crisis
Asian financial crisis
 
GERMANY
GERMANYGERMANY
GERMANY
 
Germany
GermanyGermany
Germany
 
Euro Crisis
Euro CrisisEuro Crisis
Euro Crisis
 
Conflict between ukraine and russia
Conflict between ukraine and russiaConflict between ukraine and russia
Conflict between ukraine and russia
 
Federal republic of germany basics and culture
Federal republic of germany   basics and cultureFederal republic of germany   basics and culture
Federal republic of germany basics and culture
 
Germany presentation
Germany presentationGermany presentation
Germany presentation
 
German Culture
German CultureGerman Culture
German Culture
 
European union
European unionEuropean union
European union
 
USA-China Trade War and its global impact
USA-China Trade War and its global impactUSA-China Trade War and its global impact
USA-China Trade War and its global impact
 
Greece crisis and its impact final ppt
Greece crisis and its impact final pptGreece crisis and its impact final ppt
Greece crisis and its impact final ppt
 
Economic Diplomacy
Economic DiplomacyEconomic Diplomacy
Economic Diplomacy
 
Germany
GermanyGermany
Germany
 
Germany powerpoint
Germany powerpointGermany powerpoint
Germany powerpoint
 
turkey country analysis
turkey country analysisturkey country analysis
turkey country analysis
 
Trade war between us vs china
Trade war between us vs chinaTrade war between us vs china
Trade war between us vs china
 
Switzerland : A country overview
Switzerland : A country overviewSwitzerland : A country overview
Switzerland : A country overview
 

Similar to German economy

economics presentation-1.pptx
economics presentation-1.pptxeconomics presentation-1.pptx
economics presentation-1.pptx
prasannaG47
 
Germany
GermanyGermany
Germany final
Germany finalGermany final
Germany final
neel942lalwani
 
Germany
GermanyGermany
Germany
MeraPPT. com
 
Germany.pptx
Germany.pptxGermany.pptx
Germany.pptx
SamruddhiToraskar1
 
Part 1
Part 1Part 1
Part 1
Abhijit Raut
 
Three permanent members of europe(germany , france ,
Three permanent members of europe(germany , france ,Three permanent members of europe(germany , france ,
Three permanent members of europe(germany , france ,
Kardan university, kabul , Afghanistan
 
Country profiling germany
Country profiling germanyCountry profiling germany
Country profiling germany
Sristi Sinha
 
WHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDO
WHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDOWHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDO
WHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDO
Love Aludo
 
Country presentation of Germany- CAGE framework :doing business with Germany
Country presentation of Germany- CAGE framework :doing business with GermanyCountry presentation of Germany- CAGE framework :doing business with Germany
Country presentation of Germany- CAGE framework :doing business with Germany
Anna S Lal
 
Textile industry in germany
Textile industry in germanyTextile industry in germany
Textile industry in germany
Bhavin Agrawal
 
Germany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docxGermany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docx
shericehewat
 
Germany
GermanyGermany
Germany
raj_qn3
 
Germany- overview
Germany- overviewGermany- overview
Germany- overview
Apurva Shinde Deshmukh
 
Germany- overview
Germany- overviewGermany- overview
Germany- overview
Apurva Shinde Deshmukh
 
Reasons behind the strength of German economy - myGermany
Reasons behind the strength of German economy - myGermanyReasons behind the strength of German economy - myGermany
Reasons behind the strength of German economy - myGermany
alex-potter
 
Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...
Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...
Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...
Azamat Abdoullaev
 
Pestal analysis of germany
Pestal analysis of germanyPestal analysis of germany
Pestal analysis of germany
caryl711
 
Doing Business In Germany, 19 November 2014
Doing Business In Germany, 19 November 2014Doing Business In Germany, 19 November 2014
Doing Business In Germany, 19 November 2014
CambsChamber
 
Assignment presentation about Development Policies and trends in Germany - ...
Assignment presentation  about Development Policies and trends in Germany -  ...Assignment presentation  about Development Policies and trends in Germany -  ...
Assignment presentation about Development Policies and trends in Germany - ...
Chan Myae
 

Similar to German economy (20)

economics presentation-1.pptx
economics presentation-1.pptxeconomics presentation-1.pptx
economics presentation-1.pptx
 
Germany
GermanyGermany
Germany
 
Germany final
Germany finalGermany final
Germany final
 
Germany
GermanyGermany
Germany
 
Germany.pptx
Germany.pptxGermany.pptx
Germany.pptx
 
Part 1
Part 1Part 1
Part 1
 
Three permanent members of europe(germany , france ,
Three permanent members of europe(germany , france ,Three permanent members of europe(germany , france ,
Three permanent members of europe(germany , france ,
 
Country profiling germany
Country profiling germanyCountry profiling germany
Country profiling germany
 
WHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDO
WHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDOWHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDO
WHAT IS MADE IN GERMANY REALLY WORTH_LOVE ALUDO
 
Country presentation of Germany- CAGE framework :doing business with Germany
Country presentation of Germany- CAGE framework :doing business with GermanyCountry presentation of Germany- CAGE framework :doing business with Germany
Country presentation of Germany- CAGE framework :doing business with Germany
 
Textile industry in germany
Textile industry in germanyTextile industry in germany
Textile industry in germany
 
Germany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docxGermany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docx
 
Germany
GermanyGermany
Germany
 
Germany- overview
Germany- overviewGermany- overview
Germany- overview
 
Germany- overview
Germany- overviewGermany- overview
Germany- overview
 
Reasons behind the strength of German economy - myGermany
Reasons behind the strength of German economy - myGermanyReasons behind the strength of German economy - myGermany
Reasons behind the strength of German economy - myGermany
 
Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...
Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...
Project Germany XXI: Intelligent Germany, i-Germany Platform: Smart, Green an...
 
Pestal analysis of germany
Pestal analysis of germanyPestal analysis of germany
Pestal analysis of germany
 
Doing Business In Germany, 19 November 2014
Doing Business In Germany, 19 November 2014Doing Business In Germany, 19 November 2014
Doing Business In Germany, 19 November 2014
 
Assignment presentation about Development Policies and trends in Germany - ...
Assignment presentation  about Development Policies and trends in Germany -  ...Assignment presentation  about Development Policies and trends in Germany -  ...
Assignment presentation about Development Policies and trends in Germany - ...
 

Recently uploaded

The state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation EventThe state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation Event
ResolutionFoundation
 
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
sameer shah
 
Accounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptxAccounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptx
TIZITAWMASRESHA
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
yeuwffu
 
RMIT University degree offer diploma Transcript
RMIT University degree offer diploma TranscriptRMIT University degree offer diploma Transcript
RMIT University degree offer diploma Transcript
cahyrnui
 
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trendsUsing Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trends
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
AntoniaOwensDetwiler
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
Falcon Invoice Discounting
 
What's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightnessWhat's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightness
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
234knry
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
FinTech Belgium
 
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla FincorpWho Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
beulahfernandes8
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
hiddenlevers
 
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Suomen Pankki
 
Dr. Alyce Su Cover Story - China's Investment Leader
Dr. Alyce Su Cover Story - China's Investment LeaderDr. Alyce Su Cover Story - China's Investment Leader
Dr. Alyce Su Cover Story - China's Investment Leader
msthrill
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
5spllj1l
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
Commonwealth
 
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaNew Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
Amit Kakkar
 
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
5spllj1l
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
bresciafarid233
 

Recently uploaded (20)

The state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation EventThe state of welfare Resolution Foundation Event
The state of welfare Resolution Foundation Event
 
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
 
Accounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptxAccounting Information Systems (AIS).pptx
Accounting Information Systems (AIS).pptx
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
 
RMIT University degree offer diploma Transcript
RMIT University degree offer diploma TranscriptRMIT University degree offer diploma Transcript
RMIT University degree offer diploma Transcript
 
Using Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trendsUsing Online job postings and survey data to understand labour market trends
Using Online job postings and survey data to understand labour market trends
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
 
What's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightnessWhat's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightness
 
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
高仿英国伦敦艺术大学毕业证(ual毕业证书)文凭证书原版一模一样
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
 
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla FincorpWho Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
 
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
 
Dr. Alyce Su Cover Story - China's Investment Leader
Dr. Alyce Su Cover Story - China's Investment LeaderDr. Alyce Su Cover Story - China's Investment Leader
Dr. Alyce Su Cover Story - China's Investment Leader
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
 
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaNew Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy Visa
 
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
 

German economy

  • 1. GERMAN ECONOMY By, Gaurav Nikam Kuldipsinh Rayjada Amish Chovatiya Sagar Ghimeliya Shweta Singh Pranali Trivedi Assisted by: Prof. Rita Sharma
  • 2. HISTORY • Germany before 1800 was heavily rural, with some urban trade centres. • In 19th century it began the stage of rapid economic growth and modernization, led by heavy industries. • By 1900 it became the largest economy of Europe. • West Germany became an “economic miracle” in the 1950s and 1960s with the help of Marshall’s plan. • In Germany the industrial revolution began 100 years ahead of Britain.
  • 3. INTRODUCTION • Germany is the largest economy in Europe. • It is the forth largest economy in the world by nominal GDP and the fifth largest by GDP(PPP). • The country is a founding member of the European union and the Eurozone. • The socio-economic policy of Germany is based on the concept social market economy. • German economy is the third most complex economy according to economic complexity index.
  • 4. SOME FACTS AND FIGURES • As of January 2015 the unemployment rate was 4.8%. • As of December 2014 the CPI rate was 0.6%. • Freedom from corruption is 78% and decreasing. • Nominal GDP is $3915 Trillion • GDP(PPP) is $3486 Trillion • GDP growth rate is 1.6% • GDP per capita is $48226(nominal) and $46896(PPP) • GDP by sector: agriculture 0.9%, industry 29.1%, service 70%. • Inflation is 0.5% • Labour force 43.93 million • Agriculture(2.4%), industry(29.7%), services(67.8%) • Average gross salary is EUR2977/ $4076 monthly.
  • 5. BASIC ASPECTS OF GERMAN ECONOMY
  • 6. INDUSTRIES • Of the world's 500 largest stock-market-listed companies measured by revenue in 2010, the Fortune Global 500, 37 are headquartered in Germany. Well-known global brands are Mercedes- Benz, BMW, SAP, Siemens,Volkswagen, Adidas, Audi, Allianz, Porsche,Bayer , BASF, Bosch, and Nivea. • Germany is recognised for its specialised small and medium enterprises. Around 1000 of this companies are global market leaders in their segments. • Germany excels in production of automobiles, machinery, chemicals and electrical equipments. With the production of 5.2 million automobiles in 2009, Germany was the forth largest producer and of automobiles.
  • 7.
  • 8.
  • 9. SERVICE SECTOR • In 2008 services constituted 70% of gross domestic product (GDP), and the sector employed 67.5% of the workforce. • The subcomponents of services are financial, renting, and business activities (30.5%); trade, hotels and restaurants, and transport (18%); and other service activities (21.7%). • Germans were the first to bring insurance policies.
  • 10. Germany as an Export Nation • Germany is the third largest export economy in the world . • Germany is the largest exporter of automobiles in the world. • It is the largest capital exporter in the world. • In 2013 Germany exported $1.38T and imported $1.15T , resulting in positive trade balance of $237B. • The top exports of Germany are Cars ($152B), Vehicle Parts ($58.7B),Packaged Medicaments ($50.9B), Planes, Helicopters, and/or Spacecraft($32.6B) and Petroleum Gas ($24.2B).
  • 11.
  • 12. EDUCATION • Germany has one of the highest levels of upper secondary attainment • 86% of the country’s 25-64 year-olds have obtained at least an upper secondary qualification • Germany is one of the top most preferred higher education destination in the world.
  • 13. WEALTH • Germany is the richest country in Europe, and the second richest in the world after the United States, in terms of the number of high wealth households worth more than $100 million.
  • 14. INFRASTRUCTURE • Germany boasts a highly developed infrastructure with dynamic growth. • The railroad network is approx. 41,000 kilometres long, and there are 230,000 kilometres of roads. • The country has one of the world’s most modern telephone and communications networks • Germany is the fifth largest consumer of energy in the world. It is the highest consumer of electricity in Europe, 512.9 terawatts-hour. • With its central position in Europe, Germany is an important transportation hub
  • 15. FINANCIAL CRISIS • The German economy practically stagnated in the beginning of the 2000s. • The worst growth figures were achieved in 2002 (+1.4%), in 2003 (+1.0%) and in 2005 (+1.4%). • Unemployment was also chronically high. Due to these problems, together with Germany's aging population, the welfare system came under considerable strain. • This led the government to push through a wide-ranging programme of belt-tightening reforms, Agenda 2010, including the labour market reforms known as Hartz I – IV.
  • 16. INDIA vs GERMANY • According to Economic complexity index the ECI value of Germany is 2.03 making it the third most complex economy. • The ECI rank of India is 47 with the value of 0.25. AGRICULTURE SERVICE INDUSTRY INDIA 17% 57% 26% GERMANY 0.9% 70% 29.1%
  • 21. OVERVIEW • STRENGHT 1. High innovation rates/ skilled labour 2. Strong export 3. Price stability, low inflation 4. High investments in research and development 5. Low debts, high savings 6. Transparent and anti-corrupt system. • WEAKNESSES 1. Few natural resources 2. High dependence on external market 3. Dependence on energy and oil supply
  • 22. REFERENCES 1. http://www.heritage.org/index/visualize?countries =germany|india&src=country 2. https://en.wikipedia.org/wiki/Economy_of_German y#Data 3. http://www.economist.com/topics/german- economy 4. http://www.tatsachen-ueber- deutschland.de/en/content-home/facts-and- figures/economy.html 5. http://atlas.media.mit.edu/en/profile/country/deu/ 6. http://atlas.cid.harvard.edu/rankings/