Bavarian Foreign Trade

truck

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.

Bavarian Foreign Trade

 

Download Brochure

Facts & Figures

Bavaria - A thriving Business Region with an outstanding quality of life

Download PDF

Our Latest Newsletter

Business Bavaria

Find the latest issue of our "Business Bavaria" newsletter in the download section.

Download PDF

 

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”.
 

bavaria_map

 

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.

Region/State
Size (in square miles)
Bavaria   27,239.894
California 155,959.341
Germany   135,915.007

 

Population

Bavaria presents one of Germany's biggest federal states regarding population.

Region/State
Population
Bavaria 12,512,0004
California 36,961,6646
Germany 81,757,6007

 

GDP

Bavaria's GDP per capita is comparable higher than the GDP of other German federal states.

Region/Country
GDP per capita (in $US)
Bavaria
47,9768 (euro - $ - exchange rate of 1.3947829)
Germany
36,4526
EU
33,9756
USA
46,5816

 

Self-employment rate

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.

Region/Country
Self-employment rate
Year
Bavaria 12.0%4 2008
Germany 10.7%4 2008
EU27 16.5%5 2008
USA 7.2%6 2007

 

 

Sources

1 US Census Bureau
2 Wirtschaftsstandort Bayern
3 Federal Statistical Office of Germany
4 Bavaria's Economy - Facts and Figures Brochure 2009
5 Eurostat
6 OECD

7 Statistisches Bundesamt Deutschland
8 Statistik Bayern
9 sdw ECB europe