Exports are driven by Germany’s backbone of highly innovative small and medium-sized enterprises (SMEs). These constitute 99.6 percent of all companies that employ almost 60 percent of all employees in Germany. Many of these SMEs are world market leaders in their respective niche segments. Together with internationally leading companies - such as Bayer, BASF, Daimler, Volkswagen, and Siemens to name but a few - they make up Germany’s manufacturing industrial base.
COMPANY STRUCTURE IN GERMANY
|Number of Companies (2015)*||3.47 m||3.45 m||99.6%|
|Turnover of Companies (2015)||EUR 6,332 bn||EUR 2,217 bn||35%|
|Employed (2015)||28.82 m||16.85 m||58.5%|
|Net Value-Added (2015)**||54.9%|
Note: Data refers to the industrial economy in industry classification codes WZ 2008 A-N and P-S. Exceptions are marked.
* Estimation of IfM Bonn. Includes companies with a taxable turnover higher than EUR 17.500 per year or at least one employee that is subject to social insurance contributions. Industry classification codes WZ 2008 B-N and P-S are included. Original data from the Federal Statistical Office Business Register 2010. Identification of SMEs by number of employees and turnover.
** Estimation of IfM Bonn. Original data from the Federal Statistical Office Turnover Tax Statistics. Identification of SMEs by number of employees and turnover.
Source: Ifm Bonn (2017)