| Germany | |
| Rank: 5 · Score: 84.6 |
| Basic facts | ||||
| Population (millions) | 84.1 | IPOs and pulic issues (quartile) | Top | |
| GDP (US$ billions) | 4,066.7 | M&A volume (quartile) | Top | |
| GDP per capita (US$) | 48,366.7 | Venture capital investments (quartile) | Top | |
| GDP growth (per cent) | -0.4 | Private equity investments (quartile) | Top |
Performance Overview
| Indicator | Rank / 125 | Rank Trend | Score | |
| VC/PE Country Attractiveness Index | 5 | 122, 121, 119, 120, 120 | 84.6 | |
| 1 | Economic Activity | 6 | 121, 121, 112, 120, 119 | 90.8 |
| 2 | Depth of Capital Market | 9 | 117, 117, 117, 116, 116 | 81.2 |
| 3 | Taxation | 101 | 37, 37, 30, 25, 24 | 71.6 |
| 4 | Investor Protection and Corporate Governance | 23 | 106, 105, 101, 102, 102 | 89.3 |
| 5 | Human and Social Environment | 2 | 123, 123, 123, 123, 123 | 74.1 |
| 6 | Entrepreneurial Opportunities | 4 | 121, 121, 121, 121, 121 | 92.2 |
| Historic performance, 2019-2023 | Key driver performance, 2023 |
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Peer Group Comparison
| Regional Peers | Economic Activity | Depth of Capital Market | Taxation | Investor Protection and Corporate Governance |
Human and Social Environment |
Entrepreneurial Opportunites |
| United Kingdom | 89.6 | 87.6 | 91.6 | 99.4 | 72.3 | 91.0 |
| Germany | 90.8 | 81.2 | 71.6 | 89.3 | 74.1 | 92.2 |
| France | 85.1 | 77.6 | 91.0 | 86.1 | 70.3 | 87.1 |
| Netherlands | 85.5 | 73.4 | 89.0 | 88.3 | 62.8 | 87.5 |
| Norway | 84.0 | 78.2 | 101.9 | 101.1 | 50.9 | 81.3 |
| Denmark | 79.1 | 67.9 | 98.9 | 102.0 | 60.4 | 86.7 |
| Switzerland | 83.4 | 68.0 | 108.9 | 75.3 | 65.1 | 85.3 |
Last updated: 4 Nov 2023