MBA in Germany: 5 Business Schools to Consider (2022)
Germany is a small country with a population of only 83 million people, but it has one of the world's largest economies. A big part of Germany’s dominance in Europe and the world is its Manufacturing industry, which has an 18.17% share of its GDP in value-added. The trends are reflective of German manufacturing’s strong correlation with global trade and the supply chain.
Despite a budgetary surplus in 2019, wage growth, and lower unemployment rate, 2019 Q3 saw Germany saving itself from a technical recession through thin life support of 0.1% growth.