BEST BANKS 2014: EUROPE

BEST BANKS 2014: EUROPE

The region battled continuing recession or, at best, slow growth, a tightening regulatory environment and country-specific banking taxes or fines for past misdemeanors.

 
 
Source
Central bank

Deutsche Bundesbank
Germany is part of the Eurosystem and the European Central Bank

International Reserves

US$ 234.104 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 3.479 trillion (2011 estimate)

GDP (Purchasing Power Parity)

3.158 trillion of International dollars (2011 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
1.2% 0% -0.2% 1.2% 0.8% 3.4% 2.7% 0.8%
2009 2010 2011 2012*        
-5.1% 3.6% 3.1% 0.6%        

*Estimate

GDP per capita - current prices

US$ 42,625 (2011 estimate)

GDP per capita - PPP

$38,696 International Dollars (2011 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
6.68% 6.15% 5.15% 3.95% 3.51%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 0.8% 
  • industry: 28.1% 
  • services: 71% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

2.82% (2010)

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
0.2%(2008) 1.2% 2.5% 1.9%

*Estimate

Unemployment rate
2009 2010 2011 2012*
7.7% 7.1% 6%(2009) 5.6%

*Estimate

Household saving rates

11.4% (Net saving; 2012 forecast)

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
66.7% 74.4% 83.2% 81.5% 78.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-0.1% -3.2% -4.3% -1% -0.8%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: AAA

Moody's rating: Aaa

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$1.298 trillion US$1.43 trillion US$1.184 trillion
Largest companies in Germany

Deutsche Post (Air Courier), Deutsche Lufthansa (Airline), Adidas (Apparel/Accessories), Hugo Boss (Apparel/Accessories), Volkswagen Group (Auto & Truck Manufacturers), Daimler (Auto & Truck Manufacturers), BMW Group (Auto & Truck Manufacturers), Porsche Automobil Holding (Auto & Truck Manufacturers), Continental (Auto & Truck Parts), TUI (Business & Personal Services), ProSiebenSat1 Media (Communications Equipment), Siemens (Conglomerates), ThyssenKrupp Group (Conglomerates), GEA Group (Conglomerates), HeidelbergCement (Construction Materials), Hochtief (Construction Service), Bilfinger & Berger (Construction Service), BASF (Diversified Chemicals), Bayer Group (Diversified Chemicals), Linde (Diversified Chemicals), K+S (Diversified Chemicals), Lanxess (Diversified Chemicals), Wacker Chemie (Diversified Chemicals), Allianz (Diversified Insurance), Munich Re (Diversified Insurance), Hannover Re (Diversified Insurance), Nürnberger (Diversified Insurance), Aurubis (Diversified Metals & Mining), RWE Group (Electric Utilities), E.ON (Electric Utilities), EnBW-Energie Baden (Electric Utilities), Südzucker (Food Processing), Metro AG (Food Retail), Celesio (Healthcare Services), Henkel (Household/Personal Care), Beiersdorf (Household/Personal Care), Deutsche Boerse (Investment services), W&W-Wüstenrot (Investment services), Salzgitter (Life & Health Insurance), Deutsche Bank (Major Banks), Commerzbank (Major Banks), Landesbank Berlin (Major Banks), Fresenius (Medical Equipment & Supplies), Fraport (Other Transportation), Merck (Pharmaceuticals), Aareal Bank (Regional Banks), IKB Deutsche (Regional Banks), DVB Bank (Regional Banks), SAP (Software & Programming), Infineon Technologies (Specialized Chemicals), Brenntag (Specialized Chemicals), BayWa (Specialty Stores), Deutsche Telekom (Telecommunications Services) (2012)

 
 
Source
Current account balance

US$ 180.3 billion (2011 estimate)(After 2008)

Current account balance by percentage of GDP

5.2% of GDP (2011 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

46.8% (2010)

(Data released on April 2012)

Shares in world total merchandising export

8.06%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

6.08% (2011)(2007)

(Data were released in 2012)

Total exports

US$1.492 trillion (2012 estimate) 

Export commodities

motor vehicles, machinery, chemicals, computer and electronic products, electrical equipment, pharmaceuticals, metals, transport equipment, foodstuffs, textiles, rubber and plastic products

Total imports

US$1.276 trillion (2012 estimate) 

 
 
Source
Import commodities

machinery, data processing equipment, vehicles, chemicals, oil and gas, metals, electric equipment, pharmaceuticals, foodstuffs, agricultural products

Exports - major partners

France 9.4%, US 6.8%, Netherlands 6.6%, UK 6.2%, Italy 6.2%, China 5.7%, Austria 5.5%, Belgium 4.7%, Switzerland 4.4% (2009 estimate)

Imports - major partners

China 9.7%, Netherlands 8.4%, France 7.6%, US 5.7%, Italy 5.2%, UK 4.7%, Belgium 4.2%, Austria 4.1%, Switzerland 4.1% (2009 estimate)

FDI inflows
2009 2010 2011
US$24,156 million US$46,860 million(2009) US$40,402 million(2009)
FDI outflows
2009 2010 2011  
US$75,391 million US$109,321 million US$54,368 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$61,340 million US$24,313 million(2009) US$6,848 million(2009) US$4,801 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Merck KGaA, Millipore Corp, United States, $6.1 billion

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Porsche Automobil Holding SE, Porsche Holding GmbH, Austria, $4.5 billion(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 20 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 106 out of 185 countries(2009)

Enforcing Contracts: 5 out of 185 countries

Registering Property: 81 out of 185 countries

Getting credit: 23 out of 185 countries

Protecting investors: 100 out of 185 countries

Trading across border: 13 out of 185 countries

Paying Taxes: 72 out of 185 countries

Dealing with Construction Permits: 14 out of 185 countries

Getting Electricity: 2 out of 185 countries

Resolving Insolvency: 19 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

6

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 26 Score: 71.0 (Mostly Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

357,022 km2 (2006)

Capital

Berlin (2009)

Currency

euros (EUR) (2009)

Government type

federal republic (2009)

Languages

German

Religions

Protestant 34%, Roman Catholic 34%, Muslim 3.7%, unaffiliated or other 28.3%

Total population
1980 1990 2000 2012* 2017**
76.78 million 78.89 million 82.08 million 81.78 million 80.97 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
71.4% 72.8% 73.1% 73.9%
Population median age

44 years (2010)

Population growth rate

-0.1% (2011)

Life expectancy

80 years (2010)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

28.31 (2000)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

195.35% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

83% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Berlin: 84th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

8.9145 (Data were released in 2012 and refer to 2009)

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