The German economy

The economy of Germany is the world in terms of gross domestic product, the largest economy in Europe and the fourth largest economy.

The most important sectors are the services and the industry.

The production of agricultural goods has a relatively low importance.

Germany is poor in raw materials and energy resources.
The mining of raw materials falls economically of little consequence. The majority of Germany's foreign trade is with other industrialized countries, while a considerable trade surplus is achieved annually.

As the world's most competitive economic sectors apply the:

– Automobil-, commercial vehicle sector
– Electrical industry
– Maschinenbau
– chemical industry
– Service sector
– social, and health sector