Which sector of germany’s economy had the highest gdp?

Social Studies

1 answer:

Free_Kalibri [48]3 years ago

4 0

Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country's economy. The gross domestic product is the best way to measure a country's economy. The German economy, based on the concept of the social market economy, is the largest national economy in Europe. It is also the fifth largest economy in the world by GDP (PPP). The economy of the country is based on a social market economy.

The graphics statistic attached shows the distribution of the gross domestic product (GDP) across economic sectors in Germany from 2007 to 2017. In 2017, agriculture contributed around 0.63 percent to the GDP of Germany, 27.6 percent came from the industry and 61.9 percent from the service sector.

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