The economy of Germany is presently in a recovering stage after a couple of years in stagnation. The GNI per capita of the economy was $ 25,250 in 2003. In terms of purchasing power parity, Per capita GNI in 2003 was US $ 27,460, placing it at a lower rank among the other OECD countries. The average annual growth rate of GDP has been on a decline since early 1980s and no growth was observed in total output during the year 2003.
Among the various sectors of the economy, manufacturing and related services are still at the heart of the German economy even if the share of overall industrial output in GDP has declined from 34.5% in 1993 to 29.6% in 2002.
The UNDP 2004 report shows that 8.3 % of Germany's population lives below income poverty line (50% of median household income).Book Mexicana airlines, Lufthansa airlines flights on mapsofworld.com online.
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