Countries of the world, list of countries

    It is a country, which has the largest economy in Europe and the fourth highest economy in world. Since currency reform in 1948, its economy continued to grow until these days. By the labor force of 43,66 million people, it creates 2.585 trillion of dollars worth GDP. Almost all of the GDP is created by the export to other countries. The most commonly exported products are motor vehicles, machinery, electric devices, chemical products. 

    The interesting thing is that unemployment rate differs in the western and eastern part of the Germany. And it is because Germany was divided into two parts during cold war. The eastern part was socialistic and the economy grew slower, than in its western part, which had many valuable fossils and integrated into Europe much faster. In fact, the western Germany became part of EU in 1957. In these days, the unemployment rate in 7.2 percent (6.0 percent in West Germany, and 11.8 percent in East Germany). The rate of unemployment during the last three years remained at the 7 percent and is assumed to be 8.4 percent during 2009. People in Germany works for an average of 40.5 hours per week as a public officials and 38.7 hours per week as public service employees. 

    German economic growth in 2008 was considerably weaker than in the two preceding years. The price-adjusted gross domestic product (GDP) rose by 1.3% on the previous year. In 2007, GDP still grew by 2.5%, and in 2006 by 3.0%. The GDP was weaker in 2008 because of the lower exports and lower imports, as other countries produced less products during the time of crisis.