Undisputably wealthy, it is Europe's largest national economy and the continent's leading manufacturer, exporting vehicles, machinery, chemicals and electronics, among other products. ... Stripping out private debt, the net wealth in Germany was €4,131 billion.
Why Germany is rich country?
1. The important role of industry. In Germany the share of industry in gross value added is 22.9 per cent, making it the highest among the G7 countries. The strongest sectors are vehicle construction, electrical industry, engineering and chemical industry.
Why is Germany's economy so strong?
The German economy has its great innovativeness and strong focus on exports to thank for its competitiveness and global networking. In high-selling sectors, such as car-making, mechanical and plant engineering, the chemicals industry and medical technology, exports account for well over half of total sales.