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A new year, a new study, same results.
Munich: Germany's perennial
top ranker

 

(January 12, 2004) Munich is the leading business region in Germany. That's the conclusion of an authoritative, exhaustive study conducted by Germany's national chamber of commerce of the country's eight leading regions.

Confirming the findings of its predecessors, the study awarded the top spot to Munich. In maintaining its number one ranking, the region finished first in 13 of the study's 44 categories. Munich also notched 13 second places. Among the first places: the strongest long-term growth, the greatest purchasing power, the highest per capita productivity and GDP, and the highest rates of employment and of persons holding advanced degrees of any region in Germany.

Two other top finishes: The city is number one for tourism, having recorded the highest rate of overnight stays per hundred residents. Munich is also Germany's export champ. Some 54% of the products manufactured in the city are sold abroad.

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