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IB - Germany - Final
IB - Germany - Final
About Germany
Continent
Europe
Capital
Area
Berlin
357,021 sq km
Population
Official Language
Time Zone
Airport
+1 GMT
65 Airports
Neighbour
countries
Internet TLD
Currency
History
Germanic people are from - Nordic Bronze Age or the Pre-Roman Iron
Age, located in the far north of modern-day Germany and Scandinavia.
In the Year
History
843
1250
The Empire began to collapse making more independent territories rather than one central
government this is after Emperor Frederic II died
1438
1806
The Holy Roman Empire was abolished by Francis II, who then became emperor of Austria.
1914 to 1918
1923
Germany saw the rise of Adolf Hitler, who headed the National Socialist German Workers
Party.
1939 to 1945
1989
The Berlin Wall was finally torn down and Germany began to reunify for the second
time in 1990 with Berlin as the capital.
1994
2002
Germany adopted the Euro as their currency, replacing the Deutsche Mark (DM).
Economy
Its the 4th Largest by nominal GDP and 5th largest in the
world in PPP terms
Forecast
Actual
Q3/16
GDP
Growth
Rate
0.4
0.2
0.3
0.4
Unit
percent
With GDP growth forecasted at 0.6% this year and 1.6% - 1.7% in both 2014 and 2015.
Unemployment is expected to remain stable at around 5.5% in 2013 and 2014, but then
decline from 2015 as activity expands.
Indo-German Tie-up
Germany is amongst India's most important partners both bilaterally and in the global context
for trade, investment and technology.
Bilateral Trade (in Billion) 2013
2014
2015
2016
(Jan-June)
Total Trade
16.10
15.96
17.33
8.64
Indian Exports
6.91
7.03
7.56
3.90
Indian Imports
9.19
8.92
9.77
4.74
Top exports
Germany Top 10 exports
US$ billion
Percentage
US$ million
Vehicles
249
18.7
Machinery
3.5 billion
226.1
17
Electronic equipment
1.3 billion
Electronic equipment
131.1
9.9
962.4
Pharmaceuticals
76.1
5.7
Vehicles
879.6
61.5
4.6
Organic Chemical
649.5
Plastics
60.7
4.6
Plastic
640.6
Aircraft, spacecraft
46
3.5
372.2
Oil
33
2.5
326.9
29.1
2.2
300.2
Organic chemicals
26.92
Pharmaceuticals
215.7
Top Imports
Germany Top 10 imports
US$ billion
Percentage
US$ million
132.9
12.7
Machinery
627
Electronic equipment
124.1
11.8
600.2
Vehicles
101.9
9.7
Organic Chemicals
563.4
Oil
98.9
9.4
Clothing
524.6
Pharmaceuticals
45.5
4.3
Electronic Equipment
397.4
Plastics
39.5
3.8
383.1
36.5
3.5
366.8
Organic chemical
31.6
Footwear
314.9
Aircraft, Spacecraft
26.3
2.5
Vehicles
280
25.2
2.4
248.9
Country
Value
(US$ billion)
China
2,342.31
United States
1,620.53
Germany
1,507.59
Japan
683.85
Netherlands
672.13
France
582.59
Italy
10
United Kingdom
505.84
19
India
321.60
528.74
1
2
3
4
5
6
7
8
9
10
11
Country
United States
United Arab Emirates
Hong Kong
China
United Kingdom
Singapore
Germany
Saudi Arabia
Sri Lanka
Bangladesh
Vietnam
Value
(US$ billion)
40.4
30.3
12.2
9.5
8.9
7.8
7
7
5.5
5.5
5.3
Share of
overall
exports
15.3%
11.5%
4.6%
3.6%
3.4%
3%
2.7%
2.7%
2.1%
2.1%
2%
Country
Value
(US$ billion)
USA
$2,409.38
China
$1,960.29
Germany
$1,217.39
Japan
$822.25
France
$679.20
Hong Kong
$600.61
Netherlands
$586.76
South Korea
$525.51
10
Canada
$474.90
11
Italy
$471.69
12
India
$460.41
1
2
3
4
5
6
7
8
9
10
11
Country
China
Saudi Arabia
Switzerland
United States
United Arab Emirates
Indonesia
South Korea
Germany
Iraq
Nigeria
Qatar
Value
(US$ billion)
61.5
21.4
21.1
20.5
20.3
13.9
13.1
11.8
11.3
10.2
9.7
Share of
overall
imports
15.8%
5.5%
5.4%
5.2%
5.2%
3.5%
3.4%
3%
2.9%
2.6%
2.5%
The IT sector continues to be the best represented in terms of foreign direct investment.
According to fDi (foreign direct investment) Markets, India has initiated 40 projects in Germany
since 2003, 20 of which are in the software and IT sectors.
Indian companies either acquiring firms or starting their own subsidiaries in Germany includes;
Ranbaxy
Samtel
NIIT
Wockhardt
Megasoft
MKU Group
Torrent Pharmaceutical
Kalyani Group
Hexaware Technologies
Sakthi-Group
Hinduja Group
Tooltech Software
Sintex Industries
Ocimum Biossolutions
IFGL Refractories
Hindalco ( Novelis)
Rolta
KPIT Cummins
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