Unit 4 Edexcel Economics Data on Germany's Economy

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Unit 4 Edexcel Economics Data on Germany's Economy Some necessary unit 4 application data as part of your knowledge of the world economy. All data is accurate (as far as I'm aware) as of posting time (June 4th 2014)
National minimum wage £7
Corporation tax 30%
GDP growth forecast for 2014 1.8%
Budget Balance (% of GDP) 0%
National Debt 78%
Current Account balance +7.9% which is caused by their specialisation in manufactured goods which are often exported.
Interest rates 0.25% (Eurozone rate)
Inflation rate and inflation target 1.3% and the target is just for inflation to below 2%
Unemployment 5.2%
VAT 19%
Labour productivity (GDP per worker, % change on previous year) -.025%
Income tax maximum rate 45%
Investment 17.6%
Global competitiveness rank 4th
Estimated output gap -0.148%
PISA Index 16th
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