Economy


- what are the primary industries and services of the city? x
- what type of services are most people engaged in? x
- level of development x
- unit of currency x




money-graphics-2008_871368a.jpg
Berlin's Currency

Services :


Primary industries include electrical, chemical and pharmaceutical industries, food processing, heavy machinery and equipment manufacture. Tourism is also increasing and Berlin is now the most popular tourist destination in the country. More than a third of employees work in the service sector, another third of the population works in manufacturing and industry, about a seventh in trade and transport and almsot a fifth in government. In general, large businesses are in the minority with approximately 94 percent of companies having less than 200 employees.



Unit Of Currency :

the currency used in Germany are the Euros (EUR). external image euro2.gif
1 US Dollar = 0.83713 Euro
1 Euro (EUR) = 1.19456 US Dollar (USD)


Level Of Development :

Economy
GDP (2008 nom.): $3.673 trillion.
Annual growth rate: 92009) -5%.
Per capita GDP: $44,728.
Unemployment rate: (February 2010) 8.6%.
Natural resources: Iron, hard coal, lignite, potash, natural gas.
Agriculture : corn, wheat, potatoes, sugar, beets, barley, hops, viticulture, forestry, fisheries.
Industry: car-making; mechanical, electrical, and precision engineering; chemicals; environmental technology; optics; medical technology; biotech and genetic engineering; nanotechnology; aerospace; logistics.
Trade : Exports--$1.498 trillion: chemicals, motor vehicles, iron and steel products, manufactured goods, electrical products. Major markets--France, U.S., and U.K. (2008). Imports--$1.232 trillion: food, petroleum products, manufactured goods, electrical products, motor vehicles, apparel. Major suppliers--France, Netherlands, Belgium, China.