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GERMANY

Leather Summary

LEATHER
1996
US$ '000
1997
US$ '000
1998
US$ '000
Exports Leather
705,395
732,400
762,093
Exports: Leather/Textile Machinery
895,977
894,632
910,047
Exports : Leather Manufacturers
64,952
66,008
68,971
Imports: Leather
749,059
708,905
678,279
Imports: Leather/Textile Machinery
6,000,439
5,546,530
5,454,911
Imports : Leather Manufacturers
82,017
78,780
81,875


Macro-Economic Data
(Billions of U.S. Dollars unless otherwise indicated)

 
1996
1997
1998  *
Income, Production and Employment:
Nominal GDP **
2,349
2,095
2,109
GDP Growth (per cent) ***
1.3
2.2
2.7
GDP by Sector (per cent):
Agriculture
1.5
1.5
N/A
Manufacturing
33.7
33.8
N/A
Services
48.7
49.3
N/A
Government
13.4
13.0
N/A
Per Capita GDP (US$)
28,667
25,549
25,675
Labor Force (000's)
34,423
33,962
34,095
Unemployment Rate (per cent)
10.2
11.4
10.3
Money and Prices (annual percentage growth):
Money Supply Growth (M2)
4.6
1.1
N/A
Consumer Price Inflation
1.5
1.8
1.0
Exchange Rate
Balance of Payments and Trade:
Total Exports FOB #
526.0
513.7
544.7
Exports to India #
40.1
44.3
N/A
Total Imports CIF #
460.3
446.3
463.4
Imports from India #
33.0
33.8
N/A
Trade Balance #
65.7
67.4
81,3
Current Account Balance/GDP (per cent)
-0.6
-0.2
0.2
External Public Debt
411
408
N/A
Fiscal Deficit/GDP (per cent)
-3.5
-2.8
-2.3
Debt Service Payments/GDP (per cent)
3.7
3.7
3.7
Gold and Foreign Exchange Reserves
57.2
52.2
N/A
Aid
N/A
N/A
N/A

* 1998 Figures are all estimates based on available monthly data in October and consensus forecasts.
** GDP at factor cost.
*** Percentage changes calculated in national currency.
# Merchandise trade.

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