With a population of over 83 million with a per capita GDP of nearly USD 52,000. It is a global leader in industrial, scientific and technological sectors and the third-largest importer and exporter of goods. It is a member of the United Nations, NATO, the G7, the G20, and the OECD.
Germany has a social market economy known for higher levels of innovation. Add to it a highly skilled labor force, a low level of corruption, and a high level of innovation. It is part of the single European market with more than 450 million consumers.