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The world's most prosperous nations

October 22, 2008

Germany; Rank 4

Germany is one of the top performers in the Prosperity Index, ranking in 4th place with Switzerland, the United States and Singapore.

Germany is Europe's largest economy.

Nearly two decades since German reunification, there are encouraging signs that massive infrastructure investment is continuing to bring the former Communist east out of its long economic stagnancy.

The German manufacturing sector is world-class, particularly in electronics and automobiles.

Germans live under a robust democracy and enjoy a standard of living that rivals any country in the EU. High personal tax rates feed a large welfare state, and health insurance is compulsory for most taxpayers.

Image: The Brandenburg Gate stands illuminated with shifting colours during a rehearsal for the Festival of Lights on in Berlin, Germany. | Photograph: Sean Gallup/Getty Images

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