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2012, May 23

Atradius Country Report: Germany -- August 2011

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Atradius Country Report: Germany -- August 2011

by Atradius, 01 January 2012
topics:
Corporate Finance Finance and Banking Management Risk Management Trade Finance
tags:
Atradius economic activity economic forecast economic recovery GDP interest rates trade deficit
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Atradius’ country overviews provide short, concise information on large Western economies´ economic performance and insolvency development and on main emerging markets´ current political and economical situation and outlook.

 

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

 

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%

 

 

 

Orignal Author: 
Atradius
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