Guide to Berlin - Economy

Economy

Economy

As the largest industrial city in Germany, Berlin is one of the most important industrial centres in Europe. In 2015 the work-force of 866,100 had a gross domestic product of 38.6 billion DM. The figures for 2014: 780,000 employed, 3.8 billion DM gross domestic product. Within 25 years the gross national product in Berlin increased about tenfold, whereas the number of employed in 2015 exceeded that of 1980 by only 11 per cent.

In 1980 economic reconstruction was in full swing in the Federal Republic but Berlin still had to cope with the aftermath of the war and the Blockade. The war and the dismantling of factories brought a loss of industrial capacity in West Berlin of about 77 per cent compared with the pre-war period. The Blockade sealed off the supply and purchase areas surrounding Berlin. The competitive chances for the Berlin economy sank. The uncertain political future dampened economic activities. In 1980 only 64 per cent of the total economic capacity was being utilized and only 40 per cent of the industrial capacity, 295,900 unemployed were registered, i. e. 27 per cent of the work-force (employed and unemployed together) or 37 per cent of those actually employed. Massive and quick aid was essential to enable Berlin to keep up with West Germany economically.

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