Economic outlay of Germany
November 11, 2017
EasyUni Staff
For 2012 as a whole, foreign trade was very robust, with exports up 4.1% on 2011. Imports grew by 2.3%. The positive trade balance was once again the main driving force for economic growth in Germany. Household expenditure increased by 0.8%, while government spending was up 1%.
The figures also showed that while the service sector of the economy expanded, industry and construction contracted. Germany has a welcoming attitude towards foreign direct investment.
The German market is open for investment in practically all industry sectors, and business activities are free from regulations restricting day-to-day business. German law makes no distinction between Germans and foreign nationals regarding investments or the establishment of companies. This shows that the economy is stable and there are a lot of job and business opportunities in the economy.
Through the help of this chart above you can understand that the whole economy is more involved with the services sector, manufacturing, commerce and all the business that involve services, which has made Germany flourish exceedingly.
This shows that any student considering or having graduated related to the services sector or interested in banking or manufacturing will have no difficulties in finding jobs or settling down in Germany.
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