Germany

Description of Germany

Germany, a global powerhouse in both economic and geopolitical realms, stands as a central figure in the European Union and on the world stage. Known for its strong industrial base, technological advancements, and commitment to sustainability, Germany has long been a driving force behind the economic integration of Europe. With a rich history and a resilient spirit, Germany continues to play a pivotal role in shaping the political and economic landscape of not only Europe but also the rest of the world.

Population And Age Structure

- In terms of Population, total, Germany has a population of 83,160,871, which is notably higher than the average population of 40,097,746. Germany ranks 19th out of 194 countries in this category.
- Concerning Population ages 0-14 (% of total population), Germany's percentage is 13.75%, substantially below the average of 27.34%. This places Germany at a rank of 185 out of 194 countries.
- The Population ages 0-14, total in Germany is 11,435,908, surpassing the average of 10,327,379. Germany ranks 36th out of 194 countries in this aspect.
- For Population ages 15-64 (% of total population), Germany has 64.28%, slightly above the average of 63.44%. The country ranks 103rd out of 194 countries in this segment.
- In terms of Population ages 15-64, total, Germany has 53,459,730 individuals, significantly above the average of 26,003,407. This places Germany at a rank of 18 out of 194 countries.
- The percentage of Population ages 65 and above (% of total population) in Germany is 21.96%, considerably higher than the average of 9.22%. Germany ranks 8th out of 194 countries in this category.
- Lastly, the Population ages 65 and above, total in Germany is 18,265,233, a substantial difference from the average of 3,766,959. Germany ranks 7th out of 194 countries in this attribute.

Summary

Germany stands out in terms of its population demographics compared to the global average. While the country has a total population that is notably higher than average, it has a lower percentage of young individuals (ages 0-14) and a higher percentage of elderly individuals (ages 65 and above) compared to the average. These demographic characteristics are significant as they have implications for various aspects of the economy, such as healthcare systems, workforce dynamics, and pension schemes, which may require specific policies to address the needs of an aging population.

Population Miscellaneous

Germany's rural population stands at 18,750,282, which is above the average of 18,044,041. Germany ranks 30th out of 190 countries in this category.

With a rural population comprising 22.55% of the total population, Germany is below the average of 41.16%. This places Germany at the 141st position out of 190 countries.

The urban population in Germany is 64,410,589, significantly higher than the average of 22,425,747. Germany ranks 12th out of 194 countries for urban population.

Germany's urban population constitutes 77.45% of the total population, surpassing the average of 59.69%. This places Germany at the 54th position out of 194 countries.

Germany has an age dependency ratio of 55.56%, below the average of 59.22%. This ratio ranks Germany 92nd out of 194 countries.

With a crude birth rate of 9.3 per 1,000 people, Germany falls below the average of 19.38. This places Germany at the 169th position out of 192 countries.

The crude death rate in Germany is 11.9 per 1,000 people, higher than the average of 8.21. Germany ranks 25th out of 192 countries for this statistic.

The fertility rate in Germany, at 1.53 births per woman, is below the average of 2.60. Germany ranks 152nd out of 190 countries in this category.

Summary

Germany's population distribution indicates a higher urban population compared to rural, with below-average dependency ratio, low birth rate, and high death rate. These demographic indicators are crucial for policymakers to address issues such as aging population, declining workforce, healthcare needs, and social welfare sustainability.

Military

Germany's military expenditure is $53,318,705,117.98, ranking 7th out of 149 countries with data available. This amount is significantly above the average expenditure of $12,904,993,617.17.

For military expenditure as a percentage of GDP, Germany spends 1.37%, below the average of 1.90%. This places Germany at a rank of 89 out of 148 countries.

In terms of arms imports, Germany's value of $53,000,000 is below the average of $205,522,123.89. This places Germany at a rank of 55 out of 113 countries.

Germany's arms exports at $1,172,000,000 are above the average, $705,705,882.35, placing Germany at rank 4 out of 34 countries.

With a total of 183,000 armed forces personnel, Germany surpasses the average of 165,908.54 personnel. Germany ranks 35th out of 164 countries for this attribute.

Furthermore, Germany's armed forces personnel as a percentage of the total labor force is 0.42%, well below the average of 1.28%. This places Germany at a rank of 123 out of 164 countries.

Summary

Germany exhibits a significant commitment to its military capabilities, with high military expenditure, arms exports, and armed forces personnel numbers. However, the country's military expenditure as a percentage of GDP and armed forces personnel as a percentage of the total labor force are below average, indicating potential areas for further investment and growth in the defense sector. These indicators are crucial as they demonstrate Germany's position in the global defense landscape, its economic priorities, and potential areas for enhancement in national security and defense preparedness.

Natural Resources

Germany's forest area spans 114,190 sq. km, below the average of 211,606. Germany ranks 51 out of 191 countries in this attribute data.

The land area of Germany is 349,390 sq. km, lower than the average of 665,166. Germany ranks 63 out of 194 countries in this attribute data.

With a surface area of 357,590 sq. km, Germany falls below the average of 689,779. Germany also ranks 63 out of 194 countries in this attribute data.

Germany has 11,664,000 hectares of arable land, higher than the average of 7,329,543. Germany is ranked 25 out of 190 countries in this attribute data.

The land under cereal production in Germany covers 6,065,200 hectares, surpassing the average of 4,206,011. Germany ranks 30 out of 174 countries.

Germany receives an average precipitation depth of 700 mm per year, below the average of 1,157. Germany ranks 111 out of 178 countries in this attribute data.

In terms of renewable internal freshwater resources, Germany has 107 billion cubic meters, while the average is 240. Germany ranks 56 out of 178 countries in this attribute data.

Summary

Germany demonstrates a mixed performance in key macroeconomic indicators related to land and agriculture compared to global averages and rankings. While the country excels in arable land area and cereal production, it falls short in forest area, land area, precipitation depth, and renewable internal freshwater resources. These indicators are crucial as they influence Germany's environmental sustainability, agricultural productivity, and natural resource management, all of which are essential for its overall economic development and ecological balance.

Resource Rents

Total natural resources rents (% of GDP): Germany's value of 0.077 is significantly below the average of 4.630, ranking 150th out of 175 countries included in the data.

Coal rents (% of GDP): Germany's value of 0.007 is below the average of 0.396, placing it at the 48th position out of 65 countries in the dataset.

Forest rents (% of GDP): Germany's value of 0.028 is notably lower than the average of 1.526, ranking 135th out of 174 countries.

Oil rents (% of GDP): Germany's value of 0.007 is well below the average of 2.505, placing it at the 99th spot out of 117 countries.

Natural gas rents (% of GDP): Germany's value of 0.004 is below the average of 1.253, ranking 79th out of 96 countries in the dataset.

Mineral rents (% of GDP): Germany's value of 0.032 is below the average of 1.229, placing it in the 67th position out of 86 countries included in the data.

Summary

Germany's natural resources rents as a percentage of GDP across different categories such as coal, forest, oil, natural gas, and minerals are consistently below global averages, positioning the country relatively lower in rankings compared to other nations. These lower values indicate that Germany relies less on the extraction and exploitation of natural resources as a major economic driver compared to many other countries. This suggests that Germany's economy is more diversified and likely places greater emphasis on other sectors for growth and development.

Commodities

Germany's cereal production of 43,265,100 metric tons is significantly above the average of 17,249,945. Germany ranks 14 out of 174 countries in this attribute.

In terms of aquaculture production, Germany's value of 32,258 metric tons is well below the average of 679,642. Germany ranks 53 out of 180 countries in this category.

Germany's capture fisheries production is below average at 212,094.57 metric tons compared to the average of 467,453. Germany ranks 52 out of 190 countries for this statistic.

Similarly, Germany's total fisheries production of 244,352.57 metric tons is below the average of 1,153,914. Germany ranks 53 out of 182 countries in this attribute.

Germany's fertilizer consumption of 163.24 kilograms per hectare of arable land is slightly above the average of 159.04. Germany ranks 54 out of 187 countries in this aspect.

Summary

Germany excels in cereal production but lags behind in aquaculture and fisheries production compared to global averages. Additionally, Germany's fertilizer consumption per hectare of arable land is slightly higher than the global average. These indicators are crucial as they reflect Germany's strengths in certain agricultural sectors and areas for improvement in others, highlighting opportunities for further development and sustainable practices in the agricultural industry.

Intellectual Property

Germany excels in Industrial design applications by nonresidents, with a value of 4877, surpassing the average of 1415.83 by a significant margin, ranking 10 out of 112 countries. In terms of Industrial design applications by residents, Germany's value of 35764 is also notably above the average of 9799.58, ranking 4 out of 113 countries.

When it comes to Patent applications by nonresidents, Germany demonstrates strength with a value of 19845, well above the average of 6538.40, ranking 8 out of 129 countries. For Patent applications by residents, Germany performs considerably well with a value of 42260, surpassing the average of 19037.56, and ranking 5 out of 117 countries.

In Trademark applications by nonresidents, Germany records a value of 26328, above the average of 15878.93, ranking 21 out of 130 countries. For Trademark applications by residents, Germany stands out with a value of 238343, exceeding the average of 111055.78 by a significant margin and ranking 11 out of 129 countries.

In the field of Scientific and technical journal articles, Germany shines with a value of 109378.75, far exceeding the average of 15103.76, and ranking 4 out of 192 countries. Additionally, Germany's Charges for the use of intellectual property, payments, amounting to 17296745186.26, are significantly above the average of 3218843494.39, ranking 7 out of 143 countries.

Furthermore, Germany performs exceptionally well in Charges for the use of intellectual property, receipts, with a value of 37435559134.73, well above the average of 3191687117.58, and ranking 4 out of 122 countries. Finally, in terms of Researchers in R&D per million people, Germany showcases strength with a value of 5413.82, surpassing the average of 2556.45, and ranking 10 out of 72 countries.

Summary

Germany exhibits exceptional performance across various key macroeconomic indicators such as industrial design, patent applications, trademark applications, scientific and technical journal articles, charges for the use of intellectual property, and researchers in R&D per million people. These statistics showcase Germany's significant contributions to innovation, research, and intellectual property rights protection on a global scale, solidifying its position as a prominent player in the global economy.

Broad Economy Attributes

Germany's GDP (current US$) is $3.88 trillion, ranking 4th out of 189 countries with a value below the average of $442.87 billion.

In terms of GDP, PPP (current international $), Germany's value of $4.82 trillion is above the average of $734.14 billion, ranking 5th out of 181 countries.

Germany's GDP per capita (current US$) is $46,749, ranking 18th out of 190 countries, which is significantly higher than the average of $15,462.

For GDP per capita, PPP (current international $), Germany's value of $57,905 exceeds the average of $21,251, ranking 14th out of 181 countries.

Germany's GNI (current US$) stands at $3.99 trillion, ranking 4th out of 185 countries, lower than the average of $452.04 billion.

Regarding GNI, PPP (current international $), Germany's value of $4.95 trillion is above the average of $730.70 billion, ranking 5th out of 181 countries.

Germany's GNI per capita, PPP (current international $) is $59,560, surpassing the average of $20,615, with a rank of 12th out of 181 countries.

Summary

Germany ranks consistently high in key macroeconomic indicators such as GDP, GDP per capita, and GNI. Its values for these indicators are significantly above the global averages, reflecting a strong and stable economy. These statistics are crucial as they showcase Germany's economic prowess and high standard of living compared to other nations, underscoring its position as a major player in the global economy.

Broad Value Added

Germany ranks 3rd out of 176 countries in Gross value added at basic prices (GVA) with a value of $3.53 trillion, significantly higher than the average of $360.07 billion. In Agriculture, forestry, and fishing, value added (% of GDP), Germany ranks 171st out of 182 countries, well below the average of 10.86%. The country ranks 24th in Agriculture, forestry, and fishing, value added (current US$), exceeding the average of $19.92 billion.

Germany ranks 51st out of 183 countries in Services, value added (% of GDP), with a value of 63.23%, higher than the average of 56.72%. In Services, value added (current US$), Germany ranks 4th in the world with a value of $2.46 trillion, above the average of $295.84 billion. Lastly, in Industry (including construction), value added (current US$), Germany ranks 4th out of 183 countries, with a value of $1.04 trillion, above the average of $118.42 billion.

Summary

Germany excels in Services and Industry sectors, ranking 4th globally in both categories in terms of value added. However, the country lags behind in Agriculture, forestry, and fishing, ranking 171st in value added (% of GDP). This reflects Germany's strong industrial base and robust service sector, but also highlights a relative weakness in the agriculture industry. These findings are crucial for policymakers and investors as they indicate areas of strength to maintain and areas that may need further development to ensure a balanced and resilient economy.

Manufacturing Value Added

Summary

Germany exhibits a strong manufacturing sector, with high values in manufacturing value added, medium and high-tech manufacturing, and machinery and transport equipment. This indicates a diverse and advanced manufacturing industry. However, there are areas for improvement such as in food, beverages, and tobacco, textiles and clothing, and other manufacturing, where Germany falls below average percentages. Addressing these lower-performing sectors could help Germany further strengthen its manufacturing base and overall economic resilience.

Money

Germany's consumer price inflation rate is 0.14%, significantly below the average rate of 8.26%. This places Germany at rank 132 out of 165 countries in the dataset for this attribute.

On the other hand, Germany's GDP deflator inflation rate stands at 1.87%, still below the average rate of 6.90%. For this attribute, Germany ranks 98 out of 188 countries included in the analysis.

Summary

Germany's consumer price inflation rate is notably low at 0.14%, positioning it at 132nd out of 165 countries in the dataset. Similarly, its GDP deflator inflation rate of 1.87% is below the global average, with Germany ranking 98th out of 188 countries. These indicators suggest that Germany has maintained a relatively stable pricing environment, which can positively impact its competitiveness in the global market and attract foreign investments due to lower inflation risks.

Consumption Expenditure

Germany's final consumption expenditure in current US dollars is $2,807,876,685,375.88, which is considerably above the average of $381,630,252,515.38. This places Germany at rank 4 out of 159 countries.

Final consumption expenditure as a percentage of GDP for Germany is 72.22%, below the average of 82.37%. This places Germany at rank 119 out of 159 countries.

Germany's general government final consumption expenditure in current US dollars is $856,245,028,681.71, significantly higher than the average of $93,676,578,238.03. This places Germany at rank 4 out of 158 countries.

The general government final consumption expenditure as a percentage of GDP for Germany is 22.02%, above the average of 18.71%. This places Germany at rank 39 out of 158 countries.

Germany's household and NPISHs final consumption expenditure in current US dollars is $1,951,631,656,694.17, significantly higher than the average of $290,127,571,157.69. This places Germany at rank 4 out of 158 countries.

Households and NPISHs final consumption expenditure as a percentage of GDP for Germany is 50.20%, below the average of 63.68%. This places Germany at rank 127 out of 158 countries.

Summary

Germany ranks consistently high in final consumption expenditure in current US dollars across different categories, placing 4th out of 159 countries in total final consumption, general government final consumption, and household final consumption. However, Germany's final consumption expenditure as a percentage of GDP is below the global average in each category, indicating potential room for increasing consumption relative to the size of its economy.

These findings are important as they highlight Germany's robust domestic spending levels compared to other countries. However, the lower percentage of final consumption expenditure relative to GDP suggests potential areas for growth or optimization in domestic consumption patterns to further drive economic activity and GDP growth.

Equities

1. Listed domestic companies, total: Germany has 438 listed domestic companies, ranking 18th out of 72 countries. This is below the average of 636.625 listed companies.

2. Stocks traded, total value (current US$): Germany's total stock value is $1,835,769,070,000, placing it 7th out of 71 countries. This exceeds the average stock value of $1,379,501,951,820.91.

3. Stocks traded, total value (% of GDP): Germany's stock value is 47.22% of its GDP, ranking 16th out of 71 countries. This is higher than the average of 31.65%.

4. Market capitalization of listed domestic companies (current US$): Germany's market capitalization is $2,284,108,840,000, placing it 7th out of 73 countries. This is above the average market capitalization of $1,196,037,851,618.88.

5. Market capitalization of listed domestic companies (% of GDP): Germany's market capitalization is 58.75% of its GDP, ranking 28th out of 73 countries. This is below the average of 71.24%.

6. S&P Global Equity Indices (annual % change): Germany has a 3.55% annual change in S&P Global Equity Indices, ranking 32nd out of 79 countries. This is higher than the average change of 2.06%.

Summary

Germany performs well in terms of the total number of listed domestic companies and the value of stocks traded, positioning itself above average compared to other countries. However, its market capitalization as a percentage of GDP falls below the average. Despite this, Germany demonstrates a positive annual change in S&P Global Equity Indices.

These indicators are crucial as they reflect Germany's capital market development, financial stability, and attractiveness to investors. The high number of listed companies and total stock value indicate a robust economy with diverse investment opportunities. The lower market capitalization as a percentage of GDP may suggest untapped potential for further capital market growth and development.

Investment

Germany's net foreign direct investment (BoP, current US$) is -5888677179.05727, significantly below the attribute average of -1615235980.5053596. This places Germany at rank 152 out of 169 countries included in the data.

For net inflows of foreign direct investment (BoP, current US$), Germany's value is 160800654975.269, well above the attribute average of 5749271080.145696. Germany ranks 3 out of 182 countries in this measure.

Germany's net inflows of foreign direct investment as a percentage of GDP is 4.13610956423411, higher than the attribute average of 2.609379547494923. Germany holds the 50th rank out of 178 countries in this aspect.

Regarding net outflows of foreign direct investment (BoP, current US$), Germany's value is 154910875135.275, above the attribute average of 5707991116.068991. Germany ranks 3 out of 156 countries on this metric.

For net outflows of foreign direct investment as a percentage of GDP, Germany's value is 3.98461282604495, significantly higher than the attribute average of 1.00435052368164. Germany ranks 10 out of 155 countries in this measure.

Germany's net portfolio investment (BoP, current US$) stands at 27102216312.3862, which is notably above the attribute average of 679559169.5717607. Germany holds the 11th rank out of 159 countries in this category.

In terms of net portfolio equity inflows (BoP, current US$), Germany's value of -17687998640.1777 is below the attribute average of 9197145994.702154. Germany ranks 122 out of 125 countries in this aspect.

Summary

Germany excels in attracting net inflows of foreign direct investment, both in absolute terms and as a percentage of GDP, ranking highly compared to other countries. However, the country also witnesses significant net outflows of foreign direct investment and struggles with net portfolio equity inflows, ranking comparatively lower in these aspects. These indicators are crucial as they reflect Germany's attractiveness for foreign investments, its investment behavior abroad, and its performance in portfolio investments, which collectively impact its economic growth, technological advancement, and competitiveness in the global market.

Broad Trade Attributes

Germany's Trade (% of GDP) is slightly below the average of 82.34%, ranking 60 out of 163 countries. In terms of Merchandise trade (% of GDP), Germany performs above average at 65.70%, ranking 52 out of 186 countries. However, in Trade in services (% of GDP), Germany falls below the average of 24.63% at 16.86%, ranking 81 out of 171 countries. The External balance on goods and services in Germany is significantly above the average, standing at $225,744,781,169, ranking 2 out of 163 countries. In relation to External balance on goods and services (% of GDP), Germany exceeds the average by 11.77% at 5.81%, ranking 20 out of 163 countries.

Summary

Germany's trade performance is solid, with strong merchandise trade but a weaker position in trade in services. The country boasts a high external balance in goods and services, outperforming most countries. These indicators are crucial as they demonstrate Germany's strength in exporting goods, but also highlight potential areas for improvement in the services sector to achieve a more balanced trade portfolio.

Net Trade

Germany's current account balance of $275.87 billion (BoP, current US$) ranks 1st out of 170 countries, significantly above the average of $1.44 billion. Their current account balance (% of GDP) stands at 7.10%, ranking 18th out of 170 countries, notably higher than the average of -2.36%.

In terms of net trade in goods and services, Germany's value of $227.76 billion (BoP, current US$) ranks 2nd out of 171 countries, far surpassing the average of $2.60 billion. Meanwhile, their net primary income of $110.30 billion (BoP, current US$) places them 3rd out of 170 countries, well above the average of -$903.81 million.

Germany's net secondary income stands at -$62.19 billion (BoP, current US$), ranking 169th out of 170 countries, indicating a significant deviation from the average of -$269.23 million. Additionally, their net trade in goods is $219.24 billion (BoP, current US$), ranking 2nd out of 171 countries, substantially higher than the average of $130.28 billion.

Furthermore, Germany's net capital account of -$10.59 billion (BoP, current US$) places them at 158th out of 159 countries, significantly below the average of $136.54 million. Finally, their net financial account of $223.10 billion (BoP, current US$) ranks 1st out of 170 countries, indicating a vast difference from the average of -$469.84 million.

Summary

Germany boasts a strong position in key macroeconomic indicators, such as current account balance, net trade in goods and services, and net financial account. These rankings reflect Germany's robust economic performance and strong international trade relationships, positioning the country as a major player in the global economy. The high values in these indicators indicate Germany's ability to attract foreign investment, maintain trade surpluses, and manage capital flows effectively, showcasing its economic stability and competitiveness.

Broad Export Attributes

Germany's exports of goods, services, and primary income amount to $1.92 trillion, ranking 3rd out of 170 countries with data available, significantly surpassing the attribute average of $146.24 billion.

The country's exports of goods and services stand at $1.69 trillion, also ranking 3rd out of 170 countries, exceeding the attribute average of $122.94 billion by a considerable margin.

Germany's goods exports total $1.36 trillion, ranking 3rd out of 171 countries, far above the attribute average of $93.31 billion.

For ICT goods exports, Germany's 5.17% of total goods exports places it in the 25th rank out of 142 countries, higher than the attribute average of 3.81%.

Summary

Germany ranks highly in terms of total exports, goods exports, services exports, and ICT goods exports compared to other countries globally. The country's export performance significantly exceeds the global average, showcasing its strong economic prowess and competitiveness on the international stage.

Merchandise Exports

Germany's merchandise exports amount to $1.38 trillion, ranking 3rd out of 187 countries. This value is significantly above the average merchandise exports of $89.54 billion.

Germany's agricultural raw materials exports account for 0.78% of its total merchandise exports, ranking 95th out of 151 countries. This percentage is notably below the average of 2.97%.

The country's food exports make up 5.92% of its merchandise exports, ranking 122nd out of 152 countries. Germany's food exports percentage is well below the average of 24.06%.

Germany's fuel exports represent 1.82% of its merchandise exports, placing it at the 92nd rank out of 147 countries. This figure is lower than the average fuel exports percentage of 13.70%.

In terms of ores and metals exports, Germany's value stands at 2.83% of its merchandise exports, ranking 83rd out of 152 countries. This percentage falls below the average of 9.10%.

The residual merchandise exports by Germany make up 0.19% of its total merchandise exports, putting it at the 96th rank out of 166 countries. Germany's residual exports are notably lower than the average of 3.20%.

Summary

Germany has a strong economy with high merchandise exports totalling $1.38 trillion, ranking 3rd globally. However, the country's lower-than-average percentages in agricultural raw materials, food, fuel, ores and metals, and residual merchandise exports indicate a potential lack of diversification in its export portfolio. This can leave Germany vulnerable to fluctuations in specific sectors, highlighting the importance of broadening export categories to ensure a more resilient and sustainable economic growth trajectory.

Technology Exports

Germany excels in Manufactures exports, with a value of 84.89% of merchandise exports, well above the average of 42.62%. This places Germany at a rank of 13 out of 152 countries.

In High-technology exports, Germany's value stands at $182.35 billion, significantly surpassing the average of $16.66 billion. This secures Germany a high rank of 2 out of 151 countries included in the data.

High-technology exports (% of manufactured exports) in Germany are at 15.50%, higher than the average of 10.15%. This places Germany at a respectable rank of 32 out of 150 countries.

Germany showcases strength in Medium and high-tech exports (% of manufactured exports) at 73.36%, well above the average of 34.29%. This performance secures Germany a rank of 10 out of 149 countries.

Summary

Germany stands out globally for its strong performance in exports, particularly in manufactures and high-technology sectors. With high values in these indicators and consistently ranking well above average in various export categories, Germany solidifies its position as a key player in the global economy. These findings highlight Germany's competitive edge in high-value industries, showcasing its advanced technological capabilities and strong manufacturing base, which are crucial for economic growth and international trade competitiveness.

Service Exports

Germany's service exports (BoP, current US$) are valued at $332.07 billion, ranking 3rd out of 171 countries. This value significantly exceeds the attribute average of $28.92 billion.

For ICT service exports (BoP, current US$), Germany's value of $35.80 billion places it 6th out of 166 countries. This amount is substantially higher than the attribute average of $4.58 billion.

Germany's ICT service exports (% of service exports, BoP) at 10.78% is below the average of 11.75%. It ranks 63rd out of 166 countries.

In the category of Communications, computer, etc. (% of service exports, BoP), Germany's value of 60.79% is above the average of 45.85%. It ranks 48th out of 169 countries.

Germany's Transport services (% of service exports, BoP) at 19.48% is below the average of 21.80%. It holds the 79th rank out of 169 countries.

With Travel services (% of service exports, BoP) at 6.65%, Germany falls below the average of 26.40%, ranking 133rd out of 167 countries.

Germany's Insurance and financial services (% of service exports, BoP) at 13.09% is notably above the average of 6.46%, placing it at the 22nd rank out of 161 countries.

Summary

Germany excels in service exports, ranking among the top countries globally in both total service exports and ICT service exports. However, its percentage contribution of ICT service exports to total service exports is slightly below the global average, indicating potential for further growth in this area. Germany stands out in the Communications sector, showcasing strengths in this sub-category. Conversely, its performance in Transport and Travel services lags behind the global averages, suggesting areas for improvement. The significantly high contribution of Insurance and Financial services to total service exports highlights Germany's expertise and competitiveness in this sector, positioning it favorably in the global market.

These findings are crucial as they provide insights into Germany's economic strengths and weaknesses in the services sector. Understanding these dynamics can guide policymakers and businesses in leveraging Germany's competitive advantages, addressing any shortcomings, and ultimately enhancing the country's position in the global services trade landscape.

Commercial Service Exports

Germany's Commercial service exports amount to $326.6 billion, ranking 3rd out of 171 countries included in the data, significantly exceeding the attribute average of $28.5 billion.

Travel services account for 6.76% of Germany's commercial service exports, placing Germany at a rank of 135 out of 167 countries. This percentage is below the attribute average of 27.89%.

Germany's Computer, communications, and other services constitute 60.13% of its commercial service exports, ranking 44th out of 169 countries. This percentage is notably higher than the attribute average of 42.44%.

Insurance and financial services represent 13.31% of Germany's commercial service exports, positioning Germany at 23rd out of 161 countries. This percentage surpasses the attribute average of 6.97%.

In terms of Transport services, Germany's 19.81% contribution to commercial service exports places it at a rank of 83 out of 169 countries, slightly below the attribute average of 23.37%.

Summary

Germany stands out as a major player in the global commercial service exports market based on the significant value of $326.6 billion, ranking 3rd out of 171 countries. The country's strength lies in its Computer, communications, and other services sector, which constitutes a substantial 60.13% of its exports, surpassing the attribute average. However, there is room for improvement in the Travel services segment where Germany lags behind the average percentage. These statistics are crucial as they highlight Germany's economic prowess and areas that could be optimized for further growth and competitiveness in the international market.

Broad Import Attributes

Germany's imports of goods and services in current US dollars amount to $1,464,521,566,502.73, ranking 3rd out of 163 countries. This is significantly higher than the average of $126,191,355,599.06.

Imports of goods and services as a percentage of GDP in Germany stand at 37.67%, placing it at rank 80 out of 163 countries. This value is below the average of 44.15%.

Germany's ICT goods imports account for 8.98% of its total goods imports, ranking 32nd out of 143 countries. This is higher than the average of 6.85%.

The country's goods imports in Balance of Payments (BoP) total $1,140,513,058,329.99, ranking 3rd out of 171 countries. This figure is notably above the average of $92,007,788,027.17.

With imports of goods and services in BoP totaling $1,464,056,038,512.47, Germany ranks 3rd out of 170 countries, significantly exceeding the average of $120,321,577,988.12.

Germany's imports of goods, services, and primary income in BoP amount to $1,585,454,242,477.78, ranking 3rd out of 170 countries. This value is well above the average of $144,514,428,722.28.

Summary

Germany stands out as a major player in global trade, ranking 3rd in imports of goods and services, ICT goods imports, goods imports in Balance of Payments (BoP), imports of goods and services in BoP, and imports of goods, services, and primary income in BoP. The country's import values significantly surpass the global average across these categories, indicating Germany's strong integration into the global economy and its reliance on imports to support domestic consumption and production.

Merchandise Imports

Germany's merchandise imports amount to $1,171,782,000,000, ranking 3rd out of 190 countries. This value is significantly higher than the average merchandise imports of $89,385,605,263.16.
Manufactures imports account for 75.24% of Germany's merchandise imports, ranking 31st out of 152 countries. This percentage is higher than the average of 66.76%.
Germany's agricultural raw materials imports constitute 1.16% of its merchandise imports, ranking 73rd out of 152 countries. This figure is slightly below the average.
Food imports represent 8.55% of Germany's merchandise imports, ranking 130th out of 152 countries, below the average of 15.89%.
Fuel imports make up 6.22% of Germany's merchandise imports, ranking 118th out of 152 countries, below the average of 11.38%.
Ores and metals imports constitute 4.26% of Germany's merchandise imports, ranking 23rd out of 152 countries, higher than the average of 2.57%.
The residual merchandise imports by the reporting economy only represent 0.0025% of Germany's total imports, ranking 162nd out of 180 countries, significantly below the average of 2.51%.

Summary

Germany's high merchandise imports, driven primarily by manufactures imports, indicate a strong reliance on imported goods. While agricultural raw materials imports are below average, food and fuel imports are significantly lower compared to the global average, suggesting potential self-sufficiency in these sectors. The country's above-average imports of ores and metals may signify a focus on industrial production. These indicators highlight Germany's integration into the global trade network and its strategic resource allocation in key sectors.

Service Imports

Germany's service imports amount to $323.54 billion, ranking 4th out of 171 countries. This is significantly higher than the average service imports of $27.62 billion.

Communications, computer, etc. make up 57.99% of Germany's service imports, ranking 43rd out of 169 countries. This percentage is above the average of 44.40%.

Transport services constitute 21.87% of Germany's service imports, placing it at 120th out of 169 countries. This percentage is below the average of 32.90%.

Travel services represent 11.98% of Germany's service imports, ranking 79th out of 169 countries. This is slightly below the average of 14.14%.

Germany's insurance and financial services in service imports amount to 8.15%, ranking it 74th out of 169 countries. This percentage is slightly below the average of 8.53%.

Summary

Germany's service imports are substantial, ranking 4th globally at $323.54 billion, significantly surpassing the average. The composition of these imports indicates a heavier reliance on communications, computer, etc., but a lower dependency on transport services compared to the global average. This data is crucial as it reveals Germany's strong position in service imports, highlighting its strategic focus on certain sectors while also pointing to potential areas for diversification and growth.

Commercial Service Imports

German commercial service imports (current US$) amount to $321.91 billion, ranking 4th out of 171 countries. This value is significantly above the average of $27.10 billion.

Computer, communications, and other services (% of commercial service imports) in Germany stand at 57.78%, which is above the average of 41.71%. Germany ranks 42nd out of 169 countries in this attribute.

Insurance and financial services (% of commercial service imports) in Germany represent 8.19% of its total imports, slightly below the average of 8.85%. Germany ranks 75th out of 169 countries for this metric.

Transport services (% of commercial service imports) in Germany constitute 21.99% of its imports, below the average of 34.71%. Germany ranks 121st out of 169 countries in this category.

Travel services (% of commercial service imports) in Germany make up 12.04% of its imports, slightly below the average of 14.73%. Germany ranks 79th out of 169 countries for this attribute.

Summary

Germany's commercial service imports amount to a significant $321.91 billion, ranking 4th globally. The country's higher reliance on computer, communications, and other services compared to transportation and travel services indicates a strong emphasis on digital and technological sectors, potentially driving innovation and economic growth.

Infrastructure

Germany excels in railways passengers carried, with 58822 million passenger-km, surpassing the average by 26540 million passenger-km. This places Germany at rank 6 out of 64 countries.

However, in railways goods transported, Germany falls slightly below average with 108406 million ton-km, ranking 8 out of 62 countries.

Germany significantly outperforms in air transport freight with 9166.37 million ton-km, far exceeding the average by 7782.01 million ton-km and ranking 6 out of 126 countries.

Regarding air transport, Germany registers 312142 departures worldwide, which is notably higher than the average by 177776 departures, positioning Germany at rank 12 out of 149 countries.

In terms of air transport passengers carried, Germany excels with 25758450 passengers, a staggering 13910207 passengers above the average. This places Germany at rank 18 out of 149 countries.

Germany's container port traffic is also impressive, with 13950977 TEUs, significantly above the average by 7043866 TEUs, and ranking 12 out of 110 countries.

Lastly, Germany boasts a substantial railway network with 33399 total route-km, surpassing the average by 21194 route-km and ranking 6 out of 66 countries.

Summary

Germany stands out in various key macroeconomic indicators related to transportation infrastructure. It excels in railways passengers carried, air transport freight, air transport passengers carried, and container port traffic, positioning the country above average and within the top ranks globally. These statistics are crucial as they showcase Germany's efficiency and competitiveness in transportation, which is vital for trade, economic development, and connectivity both domestically and internationally.

Information Technology Infrastructure

For Secure Internet servers, Germany has 8,109,646 servers, surpassing the average of 458,294. Germany ranks 2nd out of 193 countries in this attribute.

In terms of Secure Internet servers per 1 million people, Germany has 97,517.57 servers, significantly above the average of 14,067.17. The country ranks 8th out of 193 countries in this metric.

Regarding Individuals using the Internet (% of population), Germany has 89.81% of its population online, exceeding the average of 64.77%. Germany ranks 34th out of 180 countries in this category.

For Fixed broadband subscriptions, Germany has 36,215,303 subscriptions, well above the average of 6,591,956. Germany ranks 5th out of 185 countries in this aspect.

Lastly, for Mobile cellular subscriptions, Germany has 107,400,000 subscriptions, surpassing the average of 42,526,464. Germany ranks 16th out of 193 countries in this attribute.

Summary

Germany outperforms global averages across key macroeconomic indicators related to internet infrastructure and connectivity. The country ranks notably high in the number of secure internet servers, secure internet servers per million people, fixed broadband subscriptions, and mobile cellular subscriptions. These statistics are crucial as they indicate Germany's robust digital infrastructure, high internet penetration rates, and strong connectivity, which are essential for fostering innovation, economic competitiveness, and overall societal development in the modern digital age.

Energy Consumption

Germany's renewable energy consumption stands at 18.6%, which is below the global average of 32.18%. This places Germany at rank 112 out of 191 countries in the dataset.

On the other hand, Germany's CO2 emissions are notably high at 603,350.5 kt, surpassing the average of 171,895.94 kt. This places Germany at rank 7 out of 188 countries in the dataset.

Summary

Germany's renewable energy consumption at 18.6% falls below the global average of 32.18%, positioning Germany at rank 112 out of 191 countries. Conversely, Germany's high CO2 emissions at 603,350.5 kt exceed the average of 171,895.94 kt, placing Germany at rank 7 out of 188 countries. These statistics indicate that while Germany ranks relatively high in CO2 emissions compared to other countries, it lags behind in renewable energy adoption. This is crucial as it highlights the need for Germany to accelerate its transition to renewable energy sources to mitigate environmental impact and align with global sustainability goals.

Government Balance Sheet

Germany's reserves and related items (BoP, current US$) are below average, with a focus country value of -66,916,003.55. This places Germany at rank 111 out of 171 countries included in the data.

The total reserves minus gold (current US$) for Germany stand at $63,969,346,748.68, which is below the attribute average, ranking Germany at 29 out of 161 countries.

Germany's total reserves (includes gold, current US$) are significantly above average, with a value of $268,408,603,348.68, placing Germany at rank 11 out of 161 countries included in the dataset.

Germany's total reserves in months of imports are below the average, at 2.03 months, ranking Germany 130 out of 151 countries in the dataset.

Summary

Germany's reserves and related items (BoP, current US$) are below average, placing the country at 111 out of 171 countries. However, Germany's total reserves minus gold and total reserves (including gold) are both above average, ranking 29 and 11 out of 161 countries, respectively. Despite this, Germany's total reserves in months of imports fall below the average, ranking at 130 out of 151 countries.

These findings suggest that while Germany holds considerable total reserves, its ability to cover imports is relatively lower. This imbalance could indicate a potential vulnerability in Germany's external position, requiring careful management of reserves to ensure stability in times of economic uncertainty or external shocks.

Government Revenue

Germany's revenue, excluding grants, accounts for 28.98% of its GDP, which is slightly above the average of 27.02%. Germany ranks 48th out of 122 countries in this metric.

Grants and other revenue make up only 5.75% of Germany's total revenue, significantly below the average of 23.54%. This places Germany at 102nd out of 108 countries in this category.

Germany's social contributions, at 58.06% of revenue, are well above the average of 22.29%. This places Germany in the top rank, 1st out of 81 countries.

Germany's taxes on goods and services represent 18.86% of its revenue, below the average of 31.82%. Germany ranks 107th out of 122 countries in this aspect.

With taxes on income, profits, and capital gains at 17.33% of revenue, Germany falls below the average of 24.66%. This places Germany at 83rd out of 119 countries.

Summary

In summary, Germany demonstrates a strong reliance on social contributions, with these contributions accounting for a significant portion of its revenue, placing the country at the top rank globally. However, Germany falls below average in terms of taxes on goods and services as well as taxes on income, profits, and capital gains. Understanding these macroeconomic indicators is crucial for policymakers and investors as they reflect Germany's revenue sources, highlighting areas where the country excels and where there may be room for improvement in terms of tax policies and revenue generation.

Taxes

Germany's tax revenue (% of GDP) is 10.57, which is below the average of 16.72. The country ranks 103 out of 123 countries in this attribute.

Germany's taxes on income, profits, and capital gains (% of total taxes) is 47.88, above the average of 38.40. The country is ranked 28 out of 120 countries in this category.

The tariff rate, applied, weighted mean, for all products in Germany is 1.48%, which is below the average of 5.21%. This places Germany at rank 121 out of 153 countries.

Summary

Germany's tax revenue as a percentage of GDP is below the global average, ranking 103 out of 123 countries. However, the country collects a higher proportion of taxes from income, profits, and capital gains compared to the average, ranking 28 out of 120 countries. Additionally, Germany maintains a relatively low weighted mean tariff rate for all products, ranking 121 out of 153 countries.

These indicators are significant as they provide insights into Germany's fiscal policies, its reliance on different tax sources, and its stance on international trade. A lower tax revenue as a percentage of GDP could indicate potential challenges in funding public services, while a higher reliance on taxing income and profits may affect investment incentives. The low tariff rate suggests a commitment to open trade policies and competitiveness in the global market.

Government Expenses

Germany's Expense (% of GDP) is slightly above the average at 32.61%, ranking 57th out of 123 countries. The Compensation of employees (% of expense) in Germany is significantly below the average at 5.43%, placing it 122nd out of 123 countries. Goods and services expense (% of expense) is also below average in Germany at 5.38%, ranking 111th out of 122 countries. Interest payments (% of expense) are notably lower in Germany at 0.96%, compared to the average of 6.85%, positioning Germany at 109th out of 121 countries. Other expense (% of expense) is below average at 4.34% in Germany, placing it 83rd out of 120 countries. Subsidies and other transfers (% of expense) stand out in Germany at 83.90%, significantly higher than the average of 43.29%, ranking Germany 2nd out of 121 countries.

Summary

Germany's Expense (% of GDP) is slightly above average, with a notable allocation towards Subsidies and other transfers (% of expense) which is significantly higher than the average. The country's Compensation of employees (% of expense) and Goods and services expense (% of expense) are notably below average, indicating potential challenges in labor and production costs management.

These findings are important as they provide insights into Germany's economic structure and priorities. The high allocation towards Subsidies and other transfers may indicate a focus on social welfare and economic support programs. Meanwhile, the lower percentages for Compensation of employees and Goods and services expense highlight areas where efficiency and cost management strategies may need further attention to improve competitiveness and sustainability.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Population, total	19/194
Population ages 15-64, total	18/194
Population ages 65 and above (% of total population)	8/194
Population ages 65 and above, total	7/194
Urban population	12/194
Military expenditure (current USD)	7/149
Cereal production (metric tons)	14/174
Industrial design applications, nonresident, by count	10/112
Industrial design applications, resident, by count	4/113
Patent applications, nonresidents	8/129
Patent applications, residents	5/117
Trademark applications, resident, by count	11/129
Scientific and technical journal articles	4/192
Charges for the use of intellectual property, payments (BoP, current US$)	7/143
Charges for the use of intellectual property, receipts (BoP, current US$)	4/122
GDP (current US$)	4/189
GDP, PPP (current international $)	5/181
GDP per capita (current US$)	18/190
GDP per capita, PPP (current international $)	14/181
GNI (current US$)	4/185
GNI, PPP (current international $)	5/181
GNI per capita, PPP (current international $)	12/181
Gross value added at basic prices (GVA) (current US$)	3/176
Services, value added (current US$)	4/183
Industry (including construction), value added (current US$)	4/183
Manufacturing, value added (current US$)	4/173
Medium and high-tech manufacturing value added (% manufacturing value added)	4/149
Machinery and transport equipment (% of value added in manufacturing)	5/93
Final consumption expenditure (current US$)	4/159
General government final consumption expenditure (current US$)	4/158
Household and NPISHs Final consumption expenditure (current US$)	4/158
Stocks traded, total value (current US$)	7/71
Market capitalization of listed domestic companies (current US$)	7/73
Foreign direct investment, net inflows (BoP, current US$)	3/182
Foreign direct investment, net outflows (BoP, current US$)	3/156
Foreign direct investment, net outflows (% of GDP)	10/155
Portfolio Investment, net (BoP, current US$)	11/159
External balance on goods and services (current US$)	2/163
Current account balance (BoP, current US$)	1/170
Net trade in goods and services (BoP, current US$)	2/171
Net primary income (BoP, current US$)	3/170
Net trade in goods (BoP, current US$)	2/171
Net financial account (BoP, current US$)	1/170
Exports of goods, services and primary income (BoP, current US$)	3/170
Exports of goods and services (BoP, current US$)	3/170
Exports of goods and services (current US$)	3/163
Goods exports (BoP, current US$)	3/171
Merchandise exports (current US$)	3/187
Manufactures exports (% of merchandise exports)	13/152
High-technology exports (current US$)	2/151
Medium and high-tech exports (% manufactured exports)	10/149
Service exports (BoP, current US$)	3/171
ICT service exports (BoP, current US$)	6/166
Commercial service exports (current US$)	3/171
Imports of goods and services (current US$)	3/163
Goods imports (BoP, current US$)	3/171
Imports of goods and services (BoP, current US$)	3/170
Imports of goods, services and primary income (BoP, current US$)	3/170
Merchandise imports (current US$)	3/190
Service imports (BoP, current US$)	4/171
Commercial service imports (current US$)	4/171
Railways, passengers carried (million passenger-km)	6/64
Air transport, freight (million ton-km)	6/126
Air transport, registered carrier departures worldwide	12/149
Rail lines (total route-km)	6/66
Secure Internet servers	2/193
Secure Internet servers (per 1 million people)	8/193
Fixed broadband subscriptions	5/185
Mobile cellular subscriptions	16/193
CO2 emissions (kt)	7/188
Total reserves (includes gold, current US$)	11/161
Social contributions (% of revenue)	1/81
Subsidies and other transfers (% of expense)	2/121

Ranks in Bottom Decile For:

Attribute	Rank/Total
Population ages 0-14 (% of total population)	185/194
Agriculture, forestry, and fishing, value added (% of GDP)	171/182
Food, beverages and tobacco (% of value added in manufacturing)	83/92
Portfolio equity, net inflows (BoP, current US$)	122/125
Net secondary income (BoP, current US$)	169/170
Net capital account (BoP, current US$)	158/159
Grants and other revenue (% of revenue)	102/108
Compensation of employees (% of expense)	122/123
Goods and services expense (% of expense)	111/122
Interest payments (% of expense)	109/121