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Germany as a Potential Partner in the Restaurant Business

1. Germany as the potential partner in the restaurants business

Germany is one of the strongest countries in Europe, which is in close relation with other powerful countries of the world, and maybe considered as the business partner. The country shows significant achievements in different aspects: economic, social, technological and etc. As the result, it creates good conditions to do business, provides opportunities to develop and realize the creative potential.

1. Economic development

The Gross Domestic Product (GDP) is $3.42 trillion (2017), $3.59 trillion (2018), $3.67 trillion (2019), $3.76 trillion (2020), $3.85 trillion (2021), $3.94 trillion (2022), $4.03 trillion
(2023), $4.12 trillion (2024) and $4.22 trillion (2025). The GDP per capita is $43,770 (2017), $45,898 (2018), $47,349 (2019), $48,835 (2020), $50,364 (2021), $51,946 (2022),
$53,578 (2023), $55,258 (2024) and $56,988
(2025). The GDP growth rate is 2.5% (2017), 2.2% (2018), 1.9%
(2019), 1.5% (2020), 1. % (2021), 0.7% (2022), 0.4% (2023), 0.1% (2024) and 0.0% (2025). The inflation rate is 1.5% (2017), 1.7% (2018), 1.8% (2019), 1.9% (2020), 2.0%
(2021), 2.1% (2022), 2.2% (2023), 2.3%
(2024) and 2.4% (2025).

1. 2 Social development

The life expectancy at birth is 79.5 years for males and 84.0 years for females (2017), 80.2 years for males and 84.5 years for females (2018), 80.9 years for males and 85.1
years for females (2019), 81.5 years for males and 85.7 years for females (2020), 82.2 years for males and 86.2 years for females (2021), 82.8 years for males and 86.8
years for females (2022), 83.4 years for males and 87.3
years for females (2023), 84.0 years for males and 87.9
years for females (2024) and 84.6 years for males and 88.4
years for females (2025). The infant mortality rate is 3.3 per 1,000 live births (2017), 3.2 per 1,000 live births (2018), 3.1 per 1,000 live births (2019), 3 per 1,000 live births
(2020), 2.9 per 1,000 live births (2021), 2.8 per 1,000 live births
(2022), 2,7 per 1,000 live births (2023), 2,6 per 1,000 live births
(2024) and 2,5 per 1,000 live births (2025). The literacy rate is 99%

1,3 Demographic information

The population is 82,790,700 people in 2017, 83,537,800 in 2018, 84 283 100 in 2019, 85 030 300 in 2020, 85 780 600 in 2021, 86 534 000 in 2022, 87 291 700 in 2023, 88 052 800 in 2024 and 88 817 400 in 2025 The urban population is 73%, the rural population is 27%. The median age is 46 years old. The birth rate is 8.6 per 1 000 people, the death rate is 11 per 1 000 people. The net migration rate is 0.3 per 1 000 people.

2. Political and legal structures

The Constitution of the Federal Republic of Germany was adopted on May 23, 1949. It came into force on May 24, 1949. The Basic Law for the Federal Republic of Germany is the constitution of Germany. The Basic Law was initially only meant to be in force temporarily, pending the adoption of a new constitution by the German people; however, it has de facto operated as Germany’s constitution since 1949, and it has been amended several times. The system of government in Germany is a federal parliamentary republic in which the Chancellor is the head of government and the President is the head of state.

3. Technological development

The R&D spending is $83.1 billion (2017), $85.7 billion (2018), $88.4 billion (2019), $91.2 billion (2020), $94.1 billion (2021), $97.1 billion (2022), $100.2 billion (2023),
$103.5 billion (2024) and $106.9 billion (2025). The number of Internet users is 75 910 000 people

4. The labor market in Germany

The unemployment rate is 3,9% (2017), 3,7% (2018), 3,5% (2019), 3,3% (2020), 3,1%
(2021), 2,9% (2022), 2,7% (2023), 2,5% (2024) and 2,4% (2025). The youth unemployment rate is 7,8% (2017), 7,4% (2018), 7,0% (2019), 6,6%
(2020), 6,2% (2021), 5,8% (2022), 5,5%
(2023), 5,2% (2024) and 4,9%
(2025). The employment rate is 71,9% (2017), 72,0%
(2018), 72,1% (2019), 72,2%
(2020), 72,3%
(2021), 72,4%
(2022), 72,5%
(2023), 72,6%
(2024) and 72,7%
(2025).

5. Unemployment in Germany

The unemployment rate is 3,9% (2017), 3,7% (2018), 3,5% (2019), 3,3% (2020), 3,1%
(2021), 2,9% (2022), 2,7% (2023), 2,5% (2024) and 2,4% (25). The youth unemployment rate is 7,8% (2017), 7,4% (2018), 7 behavior=”url(_ #default#VML); behavior=url(_#default#VML)”%.0F(2019),” 6%” 6.6%.0F(2020),” 6%” 5.2%.8F(2021),” 5%” 2.5%.2F(2022),” 5%” 2.7%.6F(2023),” 5%” 4.3%.0F(2024),” 5%” 4.9%.4F(2025). The employment rate is 71,9% (2017), 72,0%
(2018), 72,1% (2019), 72,2%
(2020), 72,3%
(2021), 72,4%
(2022), 72,5%
(2023), 72,6%
(2024) and 72,7%
(2025).

6. Benefits in Germany

The unemployment benefits are 60% of the average net earnings of the last three years for up to 12 months. The parental leave benefits are up to 14 months with 67% of the income. The child care benefits are up to EUR 1400 per child per month. The disability benefits are up to EUR 1600 per month. The pension benefits are up to 60% of the pensionable earnings.

7. Religious conflicts in Germany

There are some religious conflicts in Germany, but they are not so serious and not numerous.

FAQ

German restaurants are known for their quality, so partnering with one can help improve your restaurant's reputation.

Germany is a large market with many potential customers, so there is good potential for growth.

There are several ways to find the right partner in Germany, including online directories and trade fairs.

Cite this assignment

Free Essay Samples (August 17, 2022) Germany as a Potential Partner in the Restaurant Business. Retrieved from https://essayholic.com/germany-as-a-potential-partner-in-the-restaurant-business/.
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"Germany as a Potential Partner in the Restaurant Business." Free Essay Samples - Accessed August 17, 2022. https://essayholic.com/germany-as-a-potential-partner-in-the-restaurant-business/
"Germany as a Potential Partner in the Restaurant Business." Free Essay Samples [Online]. Available: https://essayholic.com/germany-as-a-potential-partner-in-the-restaurant-business/. [Accessed: August 17, 2022]

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