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||1991 - 2015
Germany is the fourth largest economy in the world and the largest within the Euro Area. The German economy is heavily export-oriented. Germany is the second largest exporter in the world and exports account for more than one-third of national output. As such, the export of high added value products has been the main driver of growth in recent years. The German economy benefits from qualified labour force, developed infrastructure and large capital stock. In 2014, the main uses of GDP at current prices were the private final consumption expenditure from households and NPISHs (55 percent); the gross capital formation (20 percent) of which 10 percent in construction, 6 percent in machinery and equipment and 4 percent in other products; the government final consumption expenditure (19 percent); and the external balance of exports and imports (7 percent). This page provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Germany GDP Growth Rate - was last refreshed on Sunday, August 30, 2015.