Topping the leaderboard , Germany is the largest economy in Europe , accounting for 28 % of the continent ’ s GDP . Aided by its low unemployment rate , low crime , developed infrastructure and qualified workforce , the nation reported a GDP of $ 3.67trn in 2017 . The country ’ s economy is largely fuelled by its service sector , including the tourism and banking industries . The industry contributes to almost 70 % of the country ’ s GDP and employs around 72 % of the working population , according to Business Development Germany . The manufacturing and construction sectors — spanning across the automotive , machinery and chemical markets — also contribute hugely to the country ’ s economy . For instance , Volkswagen Group , the largest carmaker in Europe , is headquartered in Wolfsburg in Germany . Click here for more info

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europe . businesschief . com