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Germany Economy
GDP:
purchasing power parity - $2.271 trillion (2003 est.)
GDP - real growth rate:
-0.1% (2003 est.)
GDP - per capita:
purchasing power parity - $27,600 (2003 est.)
GDP - composition by sector:
agriculture: 1%
industry: 31%
services: 68% (2002 est.)
Investment (gross fixed):
17.7% of GDP (2003)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: 3.6%
highest 10%: 25.1% (1997)
Distribution of family income - Gini index:
30 (1994)
Inflation rate (consumer prices):
1.1% (2003 est.)
Labor force:
42.63 million (2003)
Labor force - by occupation:
agriculture 2.8%, industry 33.4%, services 63.8% (1999)
Unemployment rate:
10.5% (2003 est.)
Budget:
revenues: $1.079 trillion
expenditures: $1.173 trillion, including capital expenditures of NA (2003 est.)
Public debt:
64.2% of GDP (2003)
Industries:
among the world's largest and most technologically advanced producers of iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, electronics, food and beverages; shipbuilding; textiles
Industrial production growth rate:
0.2% (2003 est.)
Electricity - production:
544.8 billion kWh (2001)
Electricity - production by source:
fossil fuel: 61.8%
hydro: 4.2%
other: 4.1% (2001)
nuclear: 29.9%
Electricity - consumption:
506.8 billion kWh (2001)
Electricity - exports:
43.9 billion kWh (2001)
Electricity - imports:
44 billion kWh (2001)
Oil - production:
85,860 bbl/day (2001 est.)
Oil - consumption:
2.813 million bbl/day (2001 est.)
Oil - exports:
404,300 bbl/day (2001)
Oil - imports:
3.081 million bbl/day (2001)
Oil - proved reserves:
327.3 million bbl (1 January 2002)
Natural gas - production:
22.16 billion cu m (2001 est.)
Natural gas - consumption:
94.34 billion cu m (2001 est.)
Natural gas - exports:
6.674 billion cu m (2001 est.)
Natural gas - imports:
78.73 billion cu m (2001 est.)
Natural gas - proved reserves:
298.3 billion cu m (1 January 2002)
Agriculture - products:
potatoes, wheat, barley, sugar beets, fruit, cabbages; cattle, pigs, poultry
Current account balance:
$57.24 billion (2003)
Exports:
$696.9 billion f.o.b. (2003 est.)
Exports - commodities:
machinery, vehicles, chemicals, metals and manufactures, foodstuffs, textiles
Exports - partners:
France 10.6%, US 9.3%, UK 8.4%, Italy 7.4%, Netherlands 6.2%, Austria 5.3%, Belgium 5.1%, Spain 4.9%, Switzerland 4% (2003 est.)
Imports:
$585 billion f.o.b. (2003 est.)
Imports - commodities:
machinery, vehicles, chemicals, foodstuffs, textiles, metals
Imports - partners:
France 9.2%, Netherlands 8.4%, US 7.3%, Italy 6.3%, UK 6%, Belgium 4.9%, China 4.7%, Austria 4% (2003 est.)
Reserves of foreign exchange & gold:
$96.84 billion (2003)
Debt - external:
NA (2000 est.)
Economic aid - donor:
ODA, $5.6 billion (1998)
Currency:
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Currency code:
EUR
Exchange rates:
euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
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