Local time in Munich -
The weather in Munich 4°C zeer lichte bewolking

Stats about City

Datasource Germany Netherlands Updated
Economic Growth (GDP Growth) World Bank - 0.71 % 2019 vs 2018 - 0.68 % 2019 vs 2018 19-03-2021
Gross Domestic Product (GDP) World Bank - 102.64 $ 2019 vs 2018 (billions) - 6.99 $ 2019 vs 2018 (billions) 19-03-2021
Ease of doing business index World Bank + 0.36 Ranking 2019 vs 2018 + 0.01 Ranking 2019 vs 2018 19-03-2021
Gross National Income (GNI) World Bank + 137.69 $ 2019 vs 2018 (billions) + 36.35 $ 2019 vs 2018 (billions) 19-03-2021

Facts and Figures Germany

Capital Berlin (3,700,000 inhabitants)
Other major cities Hamburg (1,800,000 inhabitants), Munich (1,400,000 inhabitants)
Average age 45.9 years
Surface area 357,580 km²
Number of inhabitants 82.790.000 inhabitants – 2018
Time difference No time difference with the Netherlands
Currency Euro (EUR)
Head of State Chancellor Angela Merkel
Language German

Sectors with opportunities

Energy transition In Germany, the “Energiewende” (the energy transition) is high on the agenda. In order to meet its climate goals, energy consumption in Germany must be reduced and fossil fuel consumption must be taken over by renewable energy. The Netherlands has smart solutions for this, while there are also plenty of opportunities to develop solutions together with German partners.
Agri-food The food industry is the third largest industry in Germany and a leader in Europe. Germany is also the largest market for organic food products in Europe. The biggest challenges in the German food industry, according to German reports, are pressure on revenues and digitization. Within the food industry, the retail / food industry and the out-of-home market / food service are the main sales channels.
Creative sector The creative industry makes an important contribution to gross domestic product in Munich. Across Europe, the metropolitan region is one of the strongest clusters in the creative industry, alongside Paris and London. The fastest growth in the sector is achieved by the gaming, design, media and advertising subsectors.
Automotive en Smart Mobility The automotive industry is and remains the largest branch of the German economy. Currently, there are initiatives across Germany to expand the charging infrastructure and to promote the use of smart mobility on a wide scale. This revolution is driven by new technologies and services and offers market opportunities to (among others) companies that are active in energy-saving and fuel-saving solutions, lightweight materials, battery technology, charging infrastructure, IT and infotainment.
Smart Industry Smart Industry is the far-reaching digitization of devices, production resources and organizations. These are interconnected via the ‘internet of things’, creating new ways of production, business models and sectors. Smart industries have high raw material and cost efficiency and they can produce very flexibly. The Netherlands has the ambition to have the most flexible and the best digitally connected production network in Europe by 2021. And in Germany, this fourth industrial revolution is also a high priority for innovative companies.
Maik Mandemaker

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Maik Mandemaker International Business Manager