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National economy of Germany - industries, GDP and prosperity level

House - Haus - Casa Lemgo The Federal Republic of Germany is one of the most developed and prosperous countries in the world. Germany covers an area of ​​more than 357 square kilometers. The total population for 2016 was about 85 million people, of which more than a half were economically active. The urbanization of the population is quite high, 87% of the total number of residents live in cities and surrounding areas. Germany is considered to be the leading country in the European Union. Together with France and Great Britain, it forms the unique basis for the European economy. The economic potential in the country is quite high, but the economics is developing more slowly every year. Recently, Germany has taken up the process of establishing integration of world economic ties. At the same time, the country's political influence increased significantly.
1. Despite the high security level in the country, tourists may suffer from pickpockets. Credit cards, money, and documents are best stored in …
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Thanks to the fact that a three-tier budget system operates in Germany, one can clearly follow the development of the economy. The income tax in the country is progressive; it makes from 19 to 45%. VAT for today is 19%. The budget revenues for the past years were, in average, about $1.7 trillion; the country's expenditures are about 1.59 trillion dollars. The public debt of Germany is 61% of GDP. Despite the progressing indicators of the country's overall economy, unemployment has been rising in Germany since the beginning of the 21st century. This is especially evident in the eastern part of the country. This is largely due to the increase in social payments. The GDP per capita for 2010 is $ 37 432.
The infrastructure of the country is at the high level. The roads and railways cover all regions of the country; modern seaports are set in Hamburg and Bremen. Innovative developments and technologies are used in the transport sphere. The agrocomplex is also actively developing. Livestock significantly prevails over plant growing. The reason for this were resource-saving trends, which appeared for the first time back in 1980. The sectoral structure of the entire German economy is based on three main points. Agriculture accounts for less than one percent, and industry makes about 30%. The largest revenue to the country is brought by the services sector; it’s about 69%. Despite this, the very development of the service sector in Germany is slightly lower than in other developed countries. In particular, there are very few jobs in this sphere. On a global scale, Germany provides international financial and banking services. Tourism is well-developed too. Copyright
The Germans are very fond of children and strive to do everything so that they have a nice, colorful and amazing childhood. That is why a huge number …
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The land of Germany does not have a lot of valuable mineral resources. The entire mining industry is concentrated on the extraction of coal and potassium salt. On average, about 200 million tons of coal are mined in German basins per year. At the same time, mines are positioned as unprofitable and exist at the expense of state budget. The oil production in the country is extremely insignificant and does not significantly affect its economic state. The own gas production provides about 30% of the total consumption of raw materials. The largest potash mines are in Saxony and Hesse. Germany's manufacturing industry, to the date, is recognized as one of the leading in the world. A list of industries are considered to be competitive. These are automotive, electrical engineering, transport and general engineering, mechanics and precision optics, ferrous metallurgy, pharmaceutics, cosmetology, and perfumery.
Ribnitz-Damgarten The basis of Germany's modern economy is engineering. About 42% of the world printing equipment is produced in Germany. Also, 32% of the total market is occupied by German machines for the textile and metallurgical industries, 31% belongs to an equipment for plastic processing, and 22% is for turbines. More than one million people are engaged in electrical engineering while its quality is considered the world's leading. In Munich, the production of Siemens is concentrated. Its annual income is about 110 million dollars. In Stuttgart, the production assets of Robert Bosch company are set, which bring a profit of about 55 million dollars a year.
In Germany, the garland of victory in the number of stores belongs to two of the largest cities - Berlin and Munich. The superior boutiques with …
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The automotive industry is considered to be a real pride of the country. It is Germany that has been for many years in the top three of the world's leading automotive countries. Its volume is inferior only to the production of cars in Japan and the United States. Despite the fact that according to economic indicators in the automotive industry Germany is catching up with China, German cars deserve respect in the world. In Stuttgart, the country's largest automobile company Daimlerchrysler is located. Its annual income is about 200 million dollars. The assets of the world famous company Volkswagen are in Wolfsburg. The annual income of this company is $135 million. BMW is based in Munich; its annual income is slightly less and makes about 65 million dollars.
The consumer industry has been declining in recent years, due to a decrease in the sales market. The textile area in Germany is the Ruhr region. The main branches of the food industry are winemaking and brewing. At the same time, one third of the output goes for export. Germany ranks second in the world in terms of exports. The basis of the country's imports are oil and natural gas, as well as coal. The main trading partners of the country are the USA, France, and UK. Reliable trade relations are established with the countries of East Asia and Eastern Europe.
The luxury hotels in Germany, deserving attention of the most discerning traveler.
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One of the main economic problems of Germany is an insufficiently flexible labor market. Besides that, Germans do not work enough. On average, a citizen officially works out only 1 449 hours a year. This figure is significantly lower than in the entire EU area. Trade unions in the country are well-developed, which also shows a negative impact on the overall economy. Due to the excessive bureaucratic pressure, the country's economy loses not less than 52 billion euros a year. The eastern lands of Germany make a significant gap in the overall economy. Despite the impressive investment in the development of the territory, they remain unprofitable and depressive. On average, for 15 years the population of the Eastern Lands fell by 12%. An important problem for the country remains an increase in the average age of life and a decrease in the birth rate.
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Uniques sights in Germany


From the series “Abandoned Places of the Earth with Distinct Marks of Civilization”
In the western part of Berlin, there is Teufelsberg deserted area, also known to many citizens and tourists under the unofficial name of Devil's Mountain. That’s a vivid reminder of the Cold War. An abandoned radio station is situated on the hill. Once, the base was one of the largest in the world. It served for one purpose - the interception of radio signals from the Soviet Union. Teufelsberg hill is artificial. It was formed in 1963 from the rubble that remained after the end of World War II.

During the war years, a Nazi military school was located on site of the hill. The allies tried unsuccessfully to destroy it. Subsequently, they simply buried the school building under the 120-meter-thick layer of debris that remained from the destroyed neighbouring buildings. Since then, ... Read all
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Microeconomics of Germany cities - shopping

Those who expect to get top quality cosmetics and perfumes from Berlin, should go to Quartier department store. It houses a chic modern building with a black and white facade, which is illuminated after nightfall. This department store includes cosmetics and perfumery of famous brands such as Gucci, Yves Saint Laurent, … Read more
Men will also easily find suitable places for shopping in Munich. They are recommended to visit HIRMER. This 5,500 square meter shopping center is also known as the biggest male shop in the world. Men can buy virtually anything in this giant shopping center – from a posh designer suit for the wedding to quality … Read more
Kaufhof is another attractive place. It offers clothes and footwear for all members of the family. You won't find many exclusive designer boutiques in this mall. Excellent grocery shops are its distinctive feature. They sell sweets and locally produced goods, which many tourists buy as presents to their loved ones. … Read more
Not far from the railway station is German Souvenirs store, which also remains at the height of popularity with tourists. It sells traditional souvenirs with national symbols at very affordable prices. Here, you can buy excellent T-shirts for 3 euros, miniature models of Cologne Cathedral, magnets and calendars, as … Read more
In the variety of souvenir shops in Düsseldorf, we can point out a store with the original name No. 4. In this huge store, souvenirs can be found for every taste and purse. There is a huge choice of traditional magnets, postcards and inexpensive T-shirts with symbols of the city for budget tourists. Yet, they sell … Read more
Travellers who like walking around stylish shopping centers should definitely visit Elbepark Dresden. 180 stores are presented in it. Customers are offered stylish clothing of European quality, accessories and jewelry, as well as cosmetics and perfumes. In the shopping center, such popular stores as C&A, Vero Moda, … Read more

Germany: map of shopping spots

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