Economy

With a gross national product of EUR 716.8 billion (2022), Bavaria's economy ranks number seven within the EU. As a comparison: the entire EU (27) generates a gross domestic product of approximately EUR 15.8 trillion (2022). It's no wonder that Bavaria, at 3.1 % (2022), has the lowest unemployment rate in Germany. Germany's national unemployment averages 5.3 %.

You can find further economic data in the brochure:

Bavaria's economy - facts and figures

Approximately one-fourth of German DAX-listed companies are headquartered in Bavaria, over 20% of all worldwide market leaders come from Bavaria. Global players like Adidas, Audi, BMW, Airbus, MAN and Siemens are all content to be in Bavaria.

SMEs are the backbone of the Bavarian economy and represent a guarantee for prosperity, future-oriented jobs and training opportunities. This includes small and medium-sized businesses in commerce, crafts and trades, the services industry and freelance professions. With 600,000 companies providing 3,6 million jobs falling under social security coverage, SMEs are dynamic and highly productive all over Bavaria. And with 190,000 vocational training positions, the dual training system is a success story among SMEs as well: it not only is the basis for Germany's success as an export nation, it is developing into an export hit itself.

Small and medium-sized companies are just as successful in rural areas as they are in urban settings, covering the widest variety of sectors from industry, commerce, crafts and trades, tourism, the services industry and freelance professions. This means that every investor has access to a broad spectrum of innovative suppliers, buyers and cooperation partners.