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Just a little over 50%

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12y ago
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4d ago

Approximately 47% of Germany's GDP comes from exports, making it one of the world's leading export-oriented economies.

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Q: What percent of Germany's GDP are its exports?
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What is the GDP flow of product Approach?

the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=


Whats Germanys major export?

Germany's main export is cars. Cars make up approximately 11 percent of all German exports. Other major exports include vehicle parts, packaged medicaments, and aircraft.


Is GDP and GDE are similar?

GDP=C+I+G+ (X-Z) GDE=C+I+G (this includes the value of all imports) GDP>GDE means that exports>imports GDE>GDP means that imports>exports


Calculate exports as a percentage of GDP?

What percentage of gross domestic product is in exports?


What are the components of GDP and the difference between real and nominal GDP?

GDP = Consumption + Investment + Govt. spending + net exports (exports - imports). Real GDP is the value of GDP shown in base period dollars, without the effects of inflation and price changes. Nomnal GDP is value of GDP adjusted for inflation.


Net exports are negative?

positive net exports increase equilibrium GDP while negative net exports decrease it.


Explain how exports can be greater than a country's GDP?

gdp includes consumption, investment ,govt spending and net exports.......the last term i,e., net exports is nothing but (exports-imports) .so if imports are far higher than exports then it can make the term gdp less than the term exports .....countries having heavy import based economy will have this anamoly.....especially small countries like singapore luxembourg have this feature....


What is the smallest component of the GDP?

The smallest component of GDP is net exports. The value of imports, the purchases by United States citizens of foreign-produced goods, is subtracted from the value of exports.


How is GDP calculated using the expenditures approach?

GDP = Consumption + Investment + Government Purchases + Net Exports


What of these will happen if a country imports less than it exports?

Net exports will be positive and will add to the calculation of GDP.


Exports have the same effect on the current size of GDP as?

Investment


PSA Singapore contribution to Singapore GDP?

PSA controls the port. This means imports and exports can be allowed or stopped by PSA if it is shipped. GDP, which is Gross Domestic Product, is commonly calculated by the expenditure method (from wikipedia):GDP = private consumption + gross investment + government spending + (exports − imports) If PSA control part of the imports and exports, he can choose to increase or decrease them. That will affect Singapore's GDP.