Germany: Economy Overview
20 October 2009by Ina Dimireva -- last modified 09 May 2012
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force.

Year of EU entry: Founding member (1952)
Member of Schengen area:Yes
Political system: Federal republic
Capital city: Berlin
Total area: 356 854 km²
Population: 82 million
Currency: euro
Listen to the official EU language: German
Germany has the largest
population of any EU country. Its territory stretches from the North Sea
and the Baltic in the north to the Alps in the south and is traversed
by some of Europe's major rivers such as the Rhine, Danube and Elbe.
Germany is a federal republic. The lawmakers at the national level are the Bundestag , whose members are elected every four years by popular vote and the Bundesrat , which consists of 69 representatives of the 16 states (Bundesländer).
After the Second World War, Germany was divided into the democratic West and the Communist East (German Democratic Republic). The Berlin Wall became the symbol of this division. It fell in 1989 and Germany was reunited a year later.
German is the most widely spoken first language in the European Union. Germany is the world's third largest economy, producing automobiles, precision engineering products, electronic and communications equipment, chemicals and pharmaceuticals, and much more besides. Its companies have invested heavily in the central and east European countries which joined the EU in 2004.
As birthplace of Johann Sebastian Bach, Ludwig van Beethoven, Johannes Brahms and Richard Wagner, among others, Germany's gift to European classical music is important. In thought and word, Germany's huge heritage includes the works of Luther, Goethe, Schiller, Nietzsche, Kant, Brecht and Thomas Mann.
Germany is the second largest producer of hops in the world and the country is known for its quality beers. Wine is produced in the Moselle and Rhine valleys.
Useful links
- The Commission's Representation in Germany
- European Parliament office in Germany
- German Federal Government
- Tourist information
Source: European Commission
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