Germany is the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and fifth by GDP. The country is a founding member of the European Union and the Euro zone. The socio-economic policy of Germany is based on the concept of the social market economy.
In 2014, Germany recorded the highest trade surplus in the world worth $285 billion,making it the biggest capital exporter globally.Germany is the third largest exporter in the world with 1.13 trillion euros in goods and services exported in 2014.