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Quickfacts: Economy
Updated: 10/2005
 Economic trends
Comparative data Germany/EU/Eurozone
Currency
Denomination:
as of 01-01-2002: Euro (€)
1948-2001: Deutsche Mark (DM)
Exchange rates Euro/US-Dollar:
Sept. 2005: 1€= 1.19
End 2004: 1€=1.33
Beginning 2004: 1€=1.26
Population (2004, in 1000 persons): 82,501
of which: economically active : 42,713
unemployed persons: 3,931
employees: 34,564
self employed: 4,218
Employment by economic sectors (2004,in 1000 persons)
Employed persons (employees and self): 38,868
of which in:
Agriculture, forestry and fishing: 873
Industry, incl. Energy: 8,018
of which: in manufacturing: 7,632
Construction :2,251
Other service activities: 27,726
GDP at current prices, in billion Euros, change over prev. year real in %
2003:2,163.40 (-0.1)
2004: 2,215.65 (+1.6)
2005: 1rst Q:+1.0%, 2nd Q:0.0% (change compared with previous quarter)
GDP at current prices per resident in 2004: € 26,856
Gross wage and salary earnings per employee
2004 (monthly): € 2,194
Disposable income of private households
2004 (per resident): €17,544
Saving rate as a percentage of disposable income:
2004: 10.5%
Consumer prices (% change over previous year)
2003: +1.1
2004: +1.6
2005 (September): + 2.5%
Household furnishing with selected consumer durables
(per 100 households)
|
2004 |
Personal computers: |
64 |
Internet access |
47 |
ISDN connection |
21 |
Cell phones: |
72 |
Telehones (fixed) |
95 |
Bycicles |
80 |
Cars |
76 |
TV sets |
95 |
Cable TV |
54 |
Satellite dishes |
37 |
DVD player/recorders |
36 |
Digital camaras |
20 |
Video recorders |
70 |
Washing machines |
96 |
Dishwashing machines: |
57 |
Dryers: |
37 |
Freezers |
74 |
Micro- wave ovens |
63 |
|
|
Industrial production
Sectors |
Change 2004/2003 in % |
Energy |
+3.4 |
Mining |
-2.0 |
Building |
-4.1 |
Electricity, gas and water supply |
+2.2 |
Manufacturing |
+4.4 |
of which |
|
Food+beverages |
+1.9 |
Textiles |
-1.85 |
Pulp, paper |
+3.0 |
Chemicals |
+3,5 |
Rubber + plastics |
+3.8 |
Basic +fabricated metals |
+4.3 |
Machinery +equipment |
+4.9 |
Transport equipment |
+4.6 |
Electrical + optical products |
+8.5 |
Foreign Trade 2004 (in billion Euros)
Balance of export and imports 2004: 109.46
Exports (goods + services) : 842.84
Imports (goods + services) 733.38
Main exports (goods) in 2004
Product |
billion Euros |
Motor vehicles + parts |
135 |
Machinery and equipment, not individually itemized |
102.5 |
Chemicals + chemical products |
94.7 |
Radio,TV+communic. equipment +components |
36.2 |
Electrical machinery+apparatus, not individually itemized |
36 |
Basic metals |
35.6 |
Medical,precision+optical instruments, watches+clocks |
29.5 |
Food products and beverages |
26 |
Fabricated metal products, except machinery+equipment |
22 |
Pulp, paper+products |
14.6 |
Main Imports (goods) 2004
Products |
billion Euros |
Chemicals + chemical products |
63.5 |
Motor vehicles + parts |
59.6 |
Crude oil and natural gas |
39.2 |
Machinery and equipment, not individually itemized |
38.8 |
Radio,TV+communic. equipment +components |
37.7 |
Basic metals |
31.4 |
Office machinery and computer |
27.8 |
Food products and beverages |
27 |
Clothing and textiles |
27.8 |
Agricultural products |
14.5 |
Ranking of Germany‘s main trading partners in 2004
Nr |
Import from |
billion Euros |
Export to |
billion Euros |
1 |
France |
52.2 |
France |
75.3 |
2 |
Netherlands |
47.8 |
U.S. |
64.8 |
3 |
U.S |
40.3 |
United Kingdom |
61 |
4 |
Italy |
35 |
Italy |
52.4 |
5 |
United Kingdom |
34.3 |
|
|
6 |
China |
32.5 |
Netherlands |
45.5 |
7 |
Belgium |
28.5 |
Belgium |
41.1 |
8 |
Austria |
24.2 |
Austria |
39.4 |
9 |
Switzerland |
21.4 |
Spain |
36.8 |
10 |
Japan |
21 |
Switzerland |
28 |
Source: Federal Statistical Office
Comparative data Germany/EU/Eurozone
Business investment
(share of GDP used by the private
sector for investment, rather then e.g.
consumption or exports) in %
|
2003 |
2004 |
EU-25 countries |
16.9 |
17.1 |
Eurozone |
17.5 |
17.7 |
Germany |
16.3 |
16.0 |
France |
15.6 |
15,9 |
United Kingdom |
14.3 |
16.4 |
Netherlands |
15.9 |
16.4 |
Telecommunications expenditure
(hardware,equipment,software, other services)
as a share of GDP (%)
|
2003 |
2004 |
EU-25 countries |
n.a. |
3.4 |
Eurozone |
3.2 |
3.3 |
Germany |
3.0 |
3.1 |
France |
2.6 |
2.7 |
United Kingdom |
3.8 |
3.7 |
Netherlands |
3.6 |
3.7 |
Broadband penetration rate
(Number of broadband lines subscribed
in a percentage of the population)
|
2003 |
2004 |
EU-25 countries |
n.a. |
6.5 |
Eurozone |
n.a. |
n.a. |
Germany |
4.8 |
6.7 |
France |
4.0 |
8.2 |
United Kingdom |
3.7 |
7.4 |
Netherlands |
9.8 |
14.7 |
IT expenditure
(IT hardware, equipment,software, other services)
as a share of GDP (%)
|
2003 |
2004 |
EU-25 countries |
n.a |
3.0 |
Eurozone |
2.7 |
2.7 |
Germany |
3.0 |
3.1 |
France |
3.3 |
3.3 |
United Kingdom |
4.2 |
4.2 |
Netherlands |
3.8 |
3.8 |
E-government on-line availability
(percentage of the 20 basic services for which it is
possible to carry out full electronic case handling)
|
2003 |
2004 |
EU-25 countries |
n.a |
41 |
Eurozone |
n.a. |
n.a. |
Germany |
40 |
47 |
France |
45 |
50 |
United Kingdom |
50 |
59 |
Netherlands |
26 |
32 |
E-government usage by enterprises
(percentage of enterprises using the Internet
to interact with public authorities)
|
2003 |
2004 |
EU-25 countries |
n.a |
52 |
Eurozone |
n.a |
51 |
Germany |
35 |
36 |
France |
n.a. |
n.a. |
United Kingdom |
3.7 |
7.4 |
Netherlands |
29 |
33 |
E-government usage by individuals
(percentage of individuals using the Internet
to interact with public authorities)
|
2003 |
2004 |
EU-25 countries |
n.a |
n.a. |
Eurozone |
n.a |
n.a. |
Germany |
26 |
33 |
France |
n.a |
n.a. |
United Kingdom |
21 |
22 |
Netherlands |
n.a. |
n.a. |
E-commerce
(Share of turnover sold via the Internet by enterprises, in % )
|
2003 |
2004 |
EU-25 countries |
n.a |
2.1 |
Eurozone |
0.9 |
2.1 |
Germany |
0.7 |
2.7 |
France |
n.a. |
n.a. |
United Kingdom |
1.5 |
2.3 |
Netherlands |
n.a. |
n.a. |
Utility pricing:
Gas for households
(in Eurowithout taxes per Gigajoule
as of First of January of each year)
|
2004 |
2005 |
EU-25 countries |
8.07 |
8.52 |
Eurozone |
n.a. |
n.a. |
Germany |
9.10 |
10.16 |
France |
n.a. |
9.0 |
United Kingdom |
6.52 |
7.63 |
Netherlands |
8.17 |
9.64 |
Gas for industrial users
(in Euro without taxes per Gigajoule
as of First of January of each year)
|
2004 |
2005 |
EU-25 countries |
5.24 |
6.01 |
Eurozone |
n.a. |
n.a. |
Germany |
6.39 |
7.76 |
France |
5.16 |
6.22 |
United Kingdom |
4.70 |
5.81 |
Netherlands |
n.a. |
4.50 |
Electricity for industrial users
(in Euro without taxes per kWh,
as of First of January of each year)
|
2004 |
2005 |
EU-25 countries |
0.0621 |
0.0673 |
Eurozone |
n.a. |
n.a. |
Germany |
0.0740 |
0.0780 |
France |
0.0533 |
0.0533 |
United Kingdom |
0.0478 |
0.0570 |
Netherlands |
n.a. |
0.0806 |
Electricity for households
(in Euro without taxes per kWh,
as of First of January of each year)
|
2004 |
2005 |
EU-25 countries |
0.1000 |
0.1046 |
Eurozone |
n.a. |
n.a. |
Germany |
0.1259 |
0.1334 |
France |
0.0905 |
0.0905 |
United Kingdom |
0.0837 |
0.1015 |
Netherlands |
0.1031 |
0.1102 |
Price of telecommunications:national calls
(in Euro per 10 minutes call, 11 a:m weekday,
reference month August, distance 200 km)
|
2003 |
2004 |
EU-25 countries |
1.04 |
0.90 |
Eurozone |
1.01 |
0.98 |
Germany |
1.22 |
1.20 |
France |
0.96 |
0.96 |
United Kingdom |
1.16 |
0.44 |
Netherlands |
0.49 |
0.49 |
Price of telecommunications: local calls
(in Euro per 10 minutes call, 11 a:m weekday,
reference month August, distance 3 km)
|
2003 |
2004 |
EU-25 countries |
0.38 |
0.37 |
Eurozone |
0.36 |
0.36 |
Germany |
0.42 |
0.42 |
France |
0.39 |
0.39 |
United Kingdom |
0.58 |
0.44 |
Netherlands |
0.33 |
0.33 |
Source: Eurostat
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