Macroeconomic context of Germany
The GDP in Germany increased by 2.7% in 2013 compared to 2012. The GDP per capita
amounted to € 34,219 in 2013 and has witnessed an increase since the last four years;
also the export earnings have been increasing as well
The private consumption expenditure in 2012 came to average € 2,310 per month and
household, slightly higher than the expenditures of the preceding years (DESTATIS 2014e).
The number of unemployed persons has gone down continuously over the last decade.
While in 2005 4,860,909 inhabitants were without work, in 2013 Germany had only
2,950,250 unemployed persons (DESTATIS 2013)