This document provides an economic overview and statistics for Germany in 2014-2015. It finds that Germany had a nominal GDP of $3,859.5 billion in 2014, with projected growth rates of 1.6% in 2014 and 1.3% in 2020. Unemployment was 5.0% in 2014, with an inflation rate of 0.8% and a fiscal balance of 0.6% of GDP. Key trade statistics include a current account surplus of 7.5% of GDP and exports and imports amounting to 83% of GDP.

1. Factsheet updated April 2015. Next update expected October 2015. Germany All data refer to latest available year (usually 2014)
Economic Overview
Nominal GDP ($US bn) 3,859.5
Real annual GDP Growth (%) 1.6
GDP per capita ($US) 47,590
Annual inflation rate (%) 0.8
Unemployment rate (%) 5.0
Fiscal balance (% of GDP) 0.6
Current account balance (% of GDP) 7.5
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World Bank Ease of Doing Business ranking (best 1, worst 189)
Iceland 12
Ireland 13
Germany 14
Georgia 15
Canada 16
Compiled by the FCO Economics Unit using data from external sources. Contact Jayson.Kelly@fco.gov.uk for more information about this factsheet.
-5.0
-4.0
-3.0
-2.0
-1.0
0.0
1.0
2007 2009 2011 2013 2015 2017 2019
Fiscal balance (% of GDP)
-8.0
-6.0
-4.0
-2.0
0.0
2.0
4.0
6.0
2007 2009 2011 2013 2015 2017 2019
GDP growth (annual %)
0.0
0.5
1.0
1.5
2.0
2.5
3.0
2007 2009 2011 2013 2015 2017 2019
Inflation (annual %)
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
2007 2009 2011 2013 2015 2017 2019
Current account balance (% of GDP)
13.1%
65.8%
21.1%
Population ages 0-14 (% of
total)
Population ages 15-64 (% of
total)
Population ages 65 and above
(% of total)
Population
4 5 6 7 8
0.895
0.900
0.905
0.910
0.915
0.920
Netherlands United States Germany New Zealand Canada
Human Development Index
(1= highly developed, 0= undeveloped)
Data label is global HDI ranking
16 17 18 19 20
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
Finland Belgium Germany United Kingdom France
GDP per capita ($US)
Data Label is global GDP per capita ranking
0.9%
30.7%
68.4%
Agriculture, value
added (% of GDP)
Industry, value added
(% of GDP)
Services, etc., value
added (% of GDP)
Share of GDP

2. Factsheet updated April 2015. Next update expected October 2015. Germany All data refer to latest available year (usually 2014)
Macroeconomy Population Trade & Investment
Nominal GDP ($US bn) 3,859.5 Population (millions) 81.1 Current account balance (% of GDP) 7.5
Real annual GDP growth (%) 1.6 Population growth rate (% change) 0.3 Current account balance ($US bn) 287.5
GDP per capita ($US) 47,590 Population density (people per km2
) 231.3 Total exports of goods and services ($US bn) 1,701.1
Annual inflation rate (%) 0.8 Urban population (%) 74.9 Total imports of goods and services ($US bn) 1,485.2
Unemployment rate (%) 5.0 Economic Development Exports of goods to UK ($US m) 94,647
GDP at Purchasing Power Parity ($US bn) 3,721.6 Human Development Index (max 1, min 0) 0.91 Imports of goods from UK ($US m) 51,475
GDP at Purchasing Power Parity per capita ($) 45,888 Life expectancy at birth (years) 81 Exports of goods to EU ($US m) 812,409
GDP at PPP as a share of world (%) 3.45 Literacy rates (%) - Imports of goods from EU ($US m) 662,641
Government Finance Income inequality (equality 0, inequality 1) 31 Inward direct investment flow ($US bn) 26.7
General government net debt (% of GDP) 49.7 Internet users (% population) 84 Exports + imports as share of GDP (%) 83
General government gross debt (% of GDP) 73.1 Net aid received per capita ($US) - Emissions & Environment
Fiscal balance (% of GDP) 0.6 Doing Business ranking (best 1, worst 189) 14 CO2 emissions per capita (tonnes) 9.1
General government revenue (% of GDP) 44.6 Energy Pump price for petrol ($US per litre) 2.0
General government expenditure (% of GDP) 43.9 Oil production (thousand barrels per day) - Energy use per capita (kg of oil equivalent) 3,821.9
Public health care expenditure (% of GDP) 8.6 Share global oil reserves remaining (%) - Food imports (% share of goods imports) 7.8
Public education expenditure (% of GDP) 5.1 Gas production (bn cubic metres per year) - Land area (square kilometres) 348,540
Military expenditure (% of GDP) 1.3 Share global gas reserves remaining (%) - Forest area (% of land area) 31.8
Foreign Exchange reserves ($US bn) 198.5 Net energy imports (% of energy use) 59.9 Agricultural land (% of land area) 47.8
Forecast and comparison with other countries/territories
Value Global Ranking (1-185)
Indicator 2014 2015 forecast 2020 forecast 2014 2015 forecast 2020 forecast
Population (million) 81.1 81.4 81.9 16 17 18 UK rank is 21
Nominal GDP ($US bn) 3,859.5 3,413.5 4,105.1 4 4 4 UK rank is 5
GDP/capita ($US) 47,590 41,955 50,123 18 20 20 UK rank is 19
Real annual GDP growth (%) 1.6 1.6 1.3 139 148 176 UK rank is 110
General government gross debt (% of GDP) 73.1 69.5 56.9
Fiscal balance (% of GDP) 0.6 0.3 0.6
Annual inflation rate (%) 0.8 0.2 1.9
Unemployment rate (%) 5.0 4.9 4.8
Compiled by the FCO Economics Unit using data from external sources. Contact Jayson.Kelly@fco.gov.uk for more information about this factsheet.
All data externally sourced from the IMF World Economic Outlook, World Bank
WDI Database, BP Statistical Review of World Energy, UNCTAD statistics and
UN International Human Development Indicators.
Factsheets for 185 countries and a detailed sources page can be found on the
Economics Unit SharePoint (FCO users only):
http://ubs.sharepoint.fco.gov.uk/sites/global/economics/econwiki/Wiki%20Pages/facts
heets.aspx
Comparator countries/territories in 2014
Below Egypt, Above Congo, Dem Rep
Below Japan, Above United Kingdom
Below Belgium, Above United Kingdom
Below Eritrea, Above Belarus