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  Germany
HOME >> COUNTRY REPORTS >> Germany
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Official name Federal Republic of Germany
Capital  Berlin
Population  82,329,758
Currency  euro(EUR)
Official language   German
GDP  $34,901

  STRENGTHS
  WEAKNESSES

Germany remains Europe's most attractive business location

The German government raised its economic growth forecast for the year to 1.4 per cent amid a recovery in exports

Germany's economy will grow by 1.6 per cent in 2010.

The government predicted a 5.1 percent increase in exports this year

The German infrastructure is nothing less than excellent. No country in Europe can boast a traffic network of comparative density.

Germany is the technological leader in Europe and the second biggest exporter of goods that require extensive research and development. In addition, Germany is a world leader in the fields of vehicle construction, machine construction, and environmental technologies.


German property market remains weak

Germany has the third most expensive healthcare system in the world

The unemployment rate is still rising

Germany faces higher taxes as a result of the increasing cost of providing services and pension benefits to an ageing population.

Education in Germany has fallen from its earlier status as a model for other nations to a very poor level. Recent OECD studies put both the secondary and university education systems of Germany in the bottom half of OECD countries.

Germany is facing problems caused by an ageing population.

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