Introduction of the representatives » Finance of Germany

The monthly minimum wage in Germany is 1655 USD. Germany has a national debt equivalent to 26% of the country's gross domestic product (GDP), estimated in 2013. In terms of consumer prices, the inflation rate in Germany is 1.6%. The currency of Germany is the euro. There are several plural forms of the name "euro". These are euros, euros. The symbol used for this currency is €, abbreviated to EUR. The euro is divided into cents; 1 euro is 100. Every year consumers spend around 2,086,559 million US dollars. The ratio of consumer spending to GDP in Germany is 0.06% and the ratio of consumer spending to the world consumer market is 485%. Corporate income tax in Germany is 30%. Personal income tax ranges from 14% to 45% depending on your specific situation and income level. VAT in Germany is 19%.

Gross domestic product
The total gross domestic product (GDP) calculated as purchasing power parity (PPP) in Germany is 3,748,094 billion US dollars. Gross domestic product (GDP) per capita, measured as purchasing power parity (PPP), was most recently $45,545,468 in Germany. In an international comparison, PPP is rated as very good in Germany. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Germany is 3,730,261 billion. Because of this statistic, Germany is considered to be a large economy. Countries with large economies support a variety of industries and businesses and offer numerous opportunities for investment. Large economies support a significant financial sector, making it easy to organize investments and financial transactions. It should be very easy to find good investment opportunities in Germany. The gross domestic product (GDP) per capita in Germany was last at $45,328,768. The average citizen in Germany has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Germany averaged 1.4% in 2014. Accordingly, Germany is currently recording modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will increase accordingly.