Glossary

Economic importance

Contribution to the GDP and turnover

Latest Update: October 2024

EITI Standard:

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In 2022 and in 2023, the gross value added in Germany amounted to €3,510 and €3,768 billion at current prices, respectively. According to the International Monetary Fund, this makes Germany the largest economy in Europe and the third largest in the world, measured in current US dollars.1 The gross value added of the “mining and quarrying” economic sector amounted to €9.2 billion in 2022, which is equivalent to 0.26% of Germany’s gross value added (for detailed source information see final note iii).2

Turnover: Mining and Quarrying sector

“Mining and quarrying” sector companies generated a total turnover of around €11 billion (€11.1 billion) in 2022 (2023). Domestic sales accounted for around €10 billion (around 91%) (€10.0 billion (around 90%)) and export sales for €1.0 billion (around 9%) (€1.1 billion (around 10%)).

Sales in the mining and quarrying sector from 2016 to 2023

* Provision of services for mining and quarrying (W08-09) and in the subordinate role of ore mining (WZ08-07), related to companies with 20 and more employees

Sources

1 World Bank (2023): GDP All Countries and Economies. URL: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?most_recent_value_desc=true&year_high_desc=true (accessed 3 April 2024).

2 Values from previous D-EITI reports are not comparable (see endnotes).