Always on Top
Munich and Bavaria have one thing in particular in common: They surpass by many market indicators and studies other German cities and states. We have compiled some facts for you that demonstrate this:City ranking
Munich has the strongest economy of all large German cities.Outlook for Growth and Prosperity
Metropolitan Munich is the most prosperous and sustainably growing region in Germany.Employment
The number of employees covered by social insurance in Bavaria has increased by almost a quarter in the last 30 years – almost four times as much as the west German average.Top Companies
Approximately 90 of the 1,000 largest German companies have their headquarters in Munich. In this area, Munich is ahead of every other German city by a large margin. Augsburg and Nuremberg are each home to 15 large corporations. That also puts them in the forefront when compared to other cities, and emphasizes the economic importance of Bavaria.Market Capitalization
Measured by market capitalization, Munich is the most important city for exchanges in Germany. Nowhere else has as many Blue Chip, as well as mid- and small-cap, companies as here.Patents Registrations
Bavarian companies and researchers apply annually for more than a fifth of all German patents.Facts and figures about Bavaria (2008)
Economic growth: + 1.5%Gross Domestic Product (nominal): 444.8 billion euros
Gross Domestic Product per inhabitant: 35,530 euros
Gross Domestic Product per worker: 66,983 euros
Exports: 155.7 billion euros
Export growth: + 1,4 %
Total number of workers: 6.6 million
Number of workers covered by social insurance: 4.25 million
Percentage self-employed: 12,0 %