As of December 2023, Germany is the third largest economy in nominal terms in the world after the United States and China, and the largest economy in Europe. It is the third largest export nation in the world.

With a Gross Domestic Product (GDP) of 4,186 billion Euros in 2023, Germany is the third-largest economy in the world after the United States and China, making it Europe's largest economy.

Mar 16, 2023 · Judging by the importance of foreign trade for gross domestic product (GDP), Germany is the most open economy among the G7 states. The foreign trade quota is currently 98.6 per cent – that’s the sum of imports and exports in relation to GDP.

Thanks to its strong economy, Germany ranks fourth worldwide in terms of GDP, after the USA, China and Japan. When calculating GDP, everything that is produced in a defined period is factored in. Furthermore, GDP includes the value of services, consuming spending, construction investment and corporate investments in things like machines and ...

Sep 17, 2024 · With a Gross Domestic Product of over 4.18 trillion Euros, the German economy was by far the largest in Europe in 2023. The similar-sized economies of the United Kingdom and France were the...

Find out why Germany's economy is so well known around the world. What are the strengths of the world's third-largest economy? The well trained and highly skilled labour force is definitely an important contribution.

Feb 8, 2018 · Germany, the fourth strongest economy in the world, is the strongest economy in Europe with an economy worth $3.4 trillion, followed by the United Kingdom with an economy worth $2.9 trillion. France is third on the list with $2.4 trillion.

Sep 17, 2024 · The $4.6 trillion German economy is the largest in Europe and the third-largest globally. But how does this compare in simpler terms? In this map we visualize how Germany’s economy stacks up against the combined GDP of 22 …

Germany is home to the largest economy in Europe. Highly industrialized and diversified, the national economy accounts for around 25 percent of European gross domestic product.

Apr 25, 2017 · Germany is Europe’s largest national economy and ranks fourth as the largest economy by nominal GDP in the world. It is also the fifth largest economy in the world by GDP (PPP). Germany is among the founders of the European Union and the Eurozone.