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- BIPO TIMES
- Understanding Germany’s Labour Laws & Employment Regulations
- January 2023
- Issue
Understanding Germany’s Labour Laws & Employment Regulations
Germany is the biggest economy in Europe and is ranked 4th largest economy worldwide in terms of nominal Gross Domestic Product (GDP). There are four key industries in Germany; Services, Production, Construction, and Agriculture. The Services industry accounts for 69.8% of the country’s GDP, followed by the Production industry at 23.5%. Finally, the Construction and Agriculture industries contribute 5.9% and 0.9%, respectively.
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