|Bavarian Foreign Trade|
Germany ranks top among the major exporting nations of the world. Bavaria on its own ranks 21st, even ahead of such countries as Brazil, Malaysia, Sweden or Austria. This export success shows the international competitiveness of the Bavarian economy.
Facts & Figures
Bavaria - A thriving Business Region with an outstanding quality of life
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Facts & Figures
- Strong growing economy over the last decade – and over the last thirty years.
- Unsurpassed purchasing power, largest number of start-ups country wide, and high volume of venture capital.
- Low unemployment rates and low public sector and private indebtedness – and highest level of personal security.
- Home to one of the world’s top-ranked city in terms of real estate, airport and public transport – its state capitol Munich.Munich’s quality of life has been repeatedly and for the second time in a row ranked the “best in the world”.
There are 1100 regions in the European Union. Of these, five of the top ten and twelve of the top twenty-five are located in Bavaria, making the state the number one base in the Union, as reported in a study commissioned by manager magazine in December 2009.
Size (in square miles)
Bavaria presents one of Germany's biggest federal states regarding population.
Bavaria's GDP per capita is comparable higher than the GDP of other German federal states.
GDP per capita (in $US)
47,9768 (euro - $ - exchange rate of 1.3947829)
Many SME’s stem from the state’s start-ups. To enable them – many of them spin-offs from local universities – to hit the ground running, the state and its communities maintain 42 incubation centers. They offer everything from low commercial rents to access to specialized equipment and business development services.