Germany Business, Taxation and Offshore Information
Germany is the world’s fourth largest economy and accounts for more than a fifth of the EU’s GDP (21% in 2017). In 2017 Germany was the third largest exporter in the world, with exports worth €1.28 trillion (US$1.43 trillion) and a healthy balance of trade. Germany has 39 of the Fortune Global 500 companies (2017).
There are around 70,000 foreign companies based in Germany. Almost 70% of the workforce is employed by small to medium sized companies specialising in industries such as engineering, biotechnologies and renewable energy. Germany hosts two-thirds – just under 160 - of the world’s industry trade fairs which attract around 10 million visitors annually. Germany has the largest manufacturing economy in Europe. More »