Germany has the fourth largest economy in the world. It has a GDP per capita of $44,729 and the euro is its currency. Germany has a large manufacturing sector, accounting for 27.1% of GDP, with major exports including motor vehicles, machinery and chemicals. Unemployment was 6.7% in 2010 and the country has a population of over 80 million people with a life expectancy of 80 years. Key industries include automobile manufacturing, machinery, chemicals and electronics, with major companies like Volkswagen, BMW, Siemens and Bayer.
The promise of mining contributing to national development by joel netshitenzheYouth in Mining Foundation
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The five European Structural and Investment Funds;
| The European Regional Development Fund
| The European Social Fund
| The Cohesion Fund
| The European Maritime and Fisheries Fund
| The European Agricultural Fund for Rural Development
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Browse 82 market data tables and 53 figures spread through 131 pages and in-depth TOC on “Mineral Wool Market by Application (Building & Construction, Industrial & Appliances, Transportation, and Others) & Regional Analysis (North America, Europe, Asia-Pacific and Row) - Trends & Forecasts To 2019"
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The promise of mining contributing to national development by joel netshitenzheYouth in Mining Foundation
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Regional development policies: The Case of Sweden and the NSPAOECDregions
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EU Budget Germany 2014-2020 update November 2014Joost Holleman
EU Budget Germany 2014-2020 update November 2014
The five European Structural and Investment Funds;
| The European Regional Development Fund
| The European Social Fund
| The Cohesion Fund
| The European Maritime and Fisheries Fund
| The European Agricultural Fund for Rural Development
Economic history of the region Twente, The NetherlandsJacques Bazen
Economic history of the region Twente and description and analysis of some of the regional development policies used in past and present. Analysis of strength and weaknesses of the region. Guest lecture given on 5 January 2016 at Real Estate Management
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Manufacturing sales and trends for Canada - September 2016paul young cpa, cga
This presentation will look at the manufacturing trends for Canada. The presentation will look at areas like energy, forestry, transportation equipment, food processing and metal fabrication sector.
Gerhard Manz and Sven Ufe Tjarks of Friedrich Graf von Westphalen present on recent issues concerning doing business in Europe, including importing to/exporting from Germany and recent developments in neighboring countries, such as France’s new president and Brexit. They also review the upcoming federal elections in Germany, to be held less than two weeks after this event, and will discuss the parties’ programs and significant legislation that will decide the future of current chancellor Angela Merkel and Germany’s role within the EU and worldwide.
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Presentado por Alexander Ochs, Director de Programa de Clima y Energía - Worldwatch Institute.
Germany is Europe’s biggest energy consumer. As a large and industrial country with moderate natural endowments, it sets an example of what can be done with a progressive energy policy. Germany leads the charge on renewables, has an ambitious energy efficiency policy, is committed to phasing out nuclear power generation and uses ETS revenues fully for the fight against climate change. However, the future of the German energy transition is rather uncertain. Are energy prices sustainable with the current high taxation rates? How to expand the high-voltage grid to integrate wind generation from the North? What will be the future role of coal and gas? This webinar presentation reviews the most important energy statistics for Germany, focussed on a few highlights of its energy policy and concludes with a series of open discussion points.
Germany is Europe’s biggest energy consumer. As a large and industrial country with moderate natural endowments, it sets an example of what can be done with a progressive energy policy. Germany leads the charge on renewables, has an ambitious energy efficiency policy, is committed to phasing out nuclear power generation and uses ETS revenues fully for the fight against climate change. However, the future of the German energy transition is rather uncertain. Are energy prices sustainable with the current high taxation rates? How to expand the high-voltage grid to integrate wind generation from the North? What will be the future role of coal and gas? In this discussion webinar, we will review the most important energy statistics for Germany, present a few highlights on its energy policy and conclude with a series of open discussion points.
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3. • Rank :4th (nominal) / 5th (PPP)
• Currency: Euro (EUR)
• Fiscal year: calendar year
GDP (NATIONAL INCOME ACCOUNTING):
• GDP - per capita (PPP) :
• $44,729 (2008 est.)
• GDP - composition by sector :
• Agriculture: 0.9%
• Industry: 27.1%
• Services: 72% (2009 est.)
4. Currency
• The Euro is the official currency
of Germany
• In Germany, interest rate
decisions are taken by the
Governing Council of the
European Central Bank
• The Euro exchange rate
(EURUSD) depreciated 6.54
percent during the last 12 months
• From 1975 until 2010 the
EURUSD exchange averaged
1.18
5. BUDGET:
• Expense (% of GDP) in Germany : 29%
• Revenue; excluding grants (% of GDP) in Germany: 28%
CONSUMER PROFILE AND PURCHSING POWER:
• Average annual income: 17 087 euro per inhabitant
• Country comparison to Europe: 10
DISTRIBUTION OF FAMILY INCOME - GINI INDEX:
• 0.27 (2006
INFLATION RATE (CONSUMER PRICES):
• 1.50% (2010 est.)
6. LABOUR FORCE:
• 43.51 million
LABOUR FORCE - BY OCCUPATION :
• Agriculture 2.2%
• Industry 25.9%
• Services:71.9%
UNEMPLOYMENT RATE :
• 6.7% (2010 est.)
• country comparison to the world:
• 9.3% (2009 est.)
7. CENTRAL BANK DISCOUNT RATE:
• 3% (31 December 2010)
• 5% (31 December 2009)
Germany Stock Market Index
• DAX, rallied 957 points or 16.06 percent during the
last 12 months.
• From 1970 until 2010 the DAX market value
averaged 2507.31 points reaching an historical high
of 8105.69 points in July of 2007
• A record low of 372.30 points in November of 1974.
8. CENTRAL BANK DISCOUNT
RATE:
• 3% (31 December 2010)
• 5% (31 December 2009)
Germany Stock Market Index
• DAX, rallied 957 points or 16.06
percent during the last 12 months.
• From 1970 until 2010 the DAX market
value averaged 2507.31 points
reaching an historical high of 8105.69
points in July of 2007
• A record low of 372.30 points in
November of 1974.
9.
10. Imports:
• 72.6 Billion EUR in October of 2010 :
• Imports merchandise : motor vehicles, chemical
products, machinery, oil and gas and computers
• Import partners :
France, Netherlands, Italy, UK, Belgium, United
States and China
Imports of goods and services (% of
GDP) in Germany
• 40 (2009)
• 41 (2010)
11. Year Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec
2010 55.8 57.4 68.7 61.9 67.7 72.2 69.5 66.1 70.1 72.6
2009 56.8 55.0 57.9 53.5 50.4 54.9 55.6 51.2 59.5 60.7 56.2 55.8
2008 66.7 67.2 66.8 70.5 66.0 68.0 72.8 64.7 71.0 72.0 66.1 59.4
12. Export
• 86.6 Billion EUR in October of 2010
• German economy is heavily export-oriented (the world's
biggest exporter)
• Exports accounts for more than one-third of national
output
• principal exports are: motor vehicles, machinery,
chemical products, electrical devices and
telecommunications technology
• Germany’s main export partners are France, United
States, United Kingdom and Italy
Exports of goods and services (% of GDP) in Germany
• 47, 47
13. Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 63.8 70.0 85.6 75.0 77.4 86.4 83.0 75.1 86.9 86.6
2009 63.9 63.9 69.4 63.1 60.1 67.3 69.9 59.3 69.9 74.1 73.4 69.2
2008 83.3 83.5 82.8 88.8 79.7 87.4 86.1 74.9 86.3 88.7 76.1 66.7
14. Agriculture
• Agriculture is important for the country's food
security and also a provider of jobs.
• It produces about DM84 billion worth of goods
annually and purchases goods for around DM52
billion
• Over 80 percent of Germany's land is used for
agriculture and forestry
• It has undergone profound structural changes in the
second half of the 20th century
15. Chief agriculture products
• Milk, pork, beef, poultry,
cereals, potatoes, wheat,
barley, cabbages, and sugar
beets.
• Wine, fruits, and vegetables,
and other horticultural
products
• Cereals and sugar beets
16.
17. Industrial Production Growth Rate
• Industrial Production expanded 11.1 percent in November of
2010.
• Measures changes in output for the sector of the economy,
includes manufacturing, mining, and utilities.
19. Air transport:
• Registered carrier departures worldwide in was
reported at 1154472.00 in 2008.
Railway Transport:
• The Railways; goods transported (million ton-km) in
Germany was reported at 91178.00 in 2008
• Passengers carried (million passenger-km) was
reported at 76997.00 in 2008.
20. Bank
• The Bank capital to assets ratio (%) was reported at
4.50 in 2008
• The Bank liquid reserves to bank assets ratio (%)
was reported at 2.31 in 2008
21. Communication, Computer and
Information Technology
• The Communications; computer; etc. (% of service exports; BoP)
was reported at 52.78% OF SERVICE EXPORTS in 2008.
• The Information and communication technology expenditure ($)
in Germany was reported at 196808915540.85 in 2008.
• Expenditures include Computer hardware; Computer software:
computer services, Data processing services, and communications
services and wired and wireless communications equipment
22. Energy Resources
• Germany is the world's fifth largest consumer of energy
• Renewable energy sources, such as solar, wind,
biomass, hydroelectric, and geothermal energy
are used
• Germany consumed energy from the following sources
▫ Oil 34.6%
▫ Natural gas 21.7%
▫ Lignite 11.4%
▫ Bituminous coal 11.1%
▫ Nuclear power 11.0%
▫ Hydro and wind power 1.5%
▫ Others 9.0%
23. Fuel
• The Fuel exports (% of merchandise exports)
was 2.57 in 2008
• The Fuel imports (% of merchandise imports)
was 13.60 in 2008, according to the World Bank
24. Wind Power supplies 6.5% of
Germany‘s Electricity Consumption
• Germany had a total of 21,164 wind
turbines installed with an output of
25,777 MW
• The produced electrical energy from
wind farm amounted to 37.5 TWh
• About 90,000 people in Germany
were employed in the wind power
sector (2009)
• The three leading manufacturers on
the German market for wind turbines
were Enercon, Vestas, and Repower
Systems
• Investment in the wind energy in
Germany was 2.65 billion €
25. Adjusted savings: consumption of fixed capital ($):
• Consumption of fixed capital was reported at 510048534728.39 in
2008, according to the World Bank.
• Consumption of fixed capital represents the replacement value of
capital used up in the process of production.
Age dependency ratio; young (% of working-age
population):
• Reported at 20.65 in 2008.
• Is the ratio of younger dependents--people younger than 15--to the
working-age population--those ages 15-64.
26. Life Expectancy at Birth :
• The Life expectancy at birth; total (years) was 80.09
in 2008
Literacy rate:
• Youth literacy rate is the percentage of people ages
15-24 who can, with understanding, read and write a
short, simple statement on their everyday life.
27. GERMAN INDUSTRY SECTOR:
• Industries in Germany are the backbone of the economy in the
country.
• 27.1% of gdp composition
• Employed 29.7% of the workforce.
• Most of the industries in the country are manufacturing industries
and Heavy Engineering industries.
• The most important and prominent industrial region in Germany is
Ruhr;
• (Majority of the iron and steel industries of the country are
concentrated in Ruhr.)
• The other prominent industrial areas in the country are located at;
• Bavaria, Dresden, Bremen and Hamburg.
28. Industries in Germany also deal
with;
• Automobile engineering,
• Ship building,
• Electronic engineering,
• Electrical engineering,
• Plant machinery,
• Aircraft manufacturing and other industries.
29. In 2010 the ten largest listed companies
on German stock market (DAX) were:
• Volkswagen,
• Allianz,
• E.ON,
• Daimler,
• Siemens,
• Metro,
• Deutsche Telekom,
• Munich Re,
• BASF,
• BMW.
30. • Industrial sector will remain the main growth engine of
the economy in 2011, adding 70,000 new jobs, acc
DIHK
• (Deutscher Industrie- und Handelskammertag, DIHK)
the German chamber of industry and commerce.
• Estimated growth of 5%, the industrial sector will grow
twice as fast as the overall economy;
(DIHK President Hans Heinrich Driftmann.)
31. Few of German companies include:
• Diversified industrials
Robert Bosch, Thyssen Krupp, and MAN
• Pharmaceuticals
Bayer and Merck
• Clothing and footwear
Adidas and Puma
• Banking and finance
Commerzbank and Deutsche Bank
• Automobile
Mercedes Benz, BMW, Audi, Porsche, Volkswagen
etc.
32. Automobile industry
• Germany was the birth place of the automobile,
• 1876 the four-stroke engine was invented by
Nikolaus August Otto
• 1887 Karl Benz attached a couch to an internal
combustion engine
• Now produces about 10 million cars per year.
• Employs about 1.26 million people.
33. • German companies such as Audi, Daimler, Mercedes,
BMW
• Volkswagen and Porsche have factories producing
millions of cars all over the world.
Some facts about them:
• Mercedes was originally named after a client's daughter;
• Volkswagen means 'people's car‘;
• BMW stands for 'Bayerische Motoren Werke' – 'Bavarian
Motor Works was originally an aircraft manufacturer, as
symbolized by their emblem, a rotating aeroplane
propeller
34.
35. Manufacturing in 2009;
• Manufactured 5.2 million vehicles in 2009, down 18percent
from 2008,
• World’s fourth largest producer and largest exporter (3.4m)of
automobiles in the world and the largest in Europe
• German-branded cars accounted for more than one-sixth of
total global car productions (5,123,240 in 2009; 2nd largest in
the world)
• Turnover in the industry amounted to over €55.4bn in 2009;
(down by 28.7percent on 2008)
• More labour intensive, with 316,300 people employed in the
industry in 2009
36. Six German companies dominate the automotive industry in the
country:
•VW, Audi (owned by the Volkswagen Group), BMW, Daimler
AG, Porsche and Opel
•Nearly six million vehicles are produced in Germany each year, and
approximately 5.5m are produced overseas by German brands
•The Volkswagen Group is one of the three biggest automotive
companies of the World (along with Toyota and General Motors)
•Germany has the largest share of passenger car production
in Europe with over 29% market share
•France (18%), Spain (13%) and the United Kingdom (9%).
37. Automobile production in 2009
• CARS – 5,123,240
• BUS – 9,745
• HEAVY TRUCKS – 158,226
Total manufacturing exports consists of 83.32%
of the total exports of Germany.