Atradius Country Report - Germany

 A robust rebound, but susceptible to downside risks

• The German economy is forecast to grow 3.4% in 2011 and 1.9% in 2012
• Private consumption expected to pick up, while exports and investments growth remain robust
• Continued boom of key industries such as automotive, chemicals, machines, etc.
• Troubles in some minor sectors remain
• Corporate insolvencies will decrease at least 5.0% in 2011

*forecast

Source: Consensus Forecasts (Survey date July 11, 2011)

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Download full country report on Germany

 General Information

Capital - Berlin
Currency - Euro (EUR)
Population - 82.3 million
 
Main import sources (2010)

• China - 9.5%  
• The Netherlands - 8.5%
• France - 7.7%
• USA - 5.6% 
• Italy - 5.4%

Main export markets (2010)

• France - 9.5%
• USA - 6.8% 
• The Netherlands - 6.6%
• UK - 6.2%
• Italy - 6.1%

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Date Augustus 2011