Increase in economic power way above the national average in Bavaria
MUNICH Bavaria’s nominal gross domestic product (GDP) increased by almost 40 percent in the decade 2007 to 2017. By contrast, it was just 30.4 percent in Germany in the same period. GDP measures the value of goods and services produced in a region and is an indicator of its economic strength. Bavaria's Minister of Economic Affairs Hubert Aiwanger’s comment: “Bavaria is the economic force in Germany. To keep it that way, we are continuing to invest heavily in our economy’s cutting-edge fields of the future.” For the Minister, these mainly include digitisation, artificial intelligence, lightweight construction, battery production and hydrogen technology.
The leader in GDP growth with 44 percent was the Upper Palatinate, closely followed by Lower Bavaria with just under 41 percent. However, Upper Bavaria still has the highest GDP per inhabitant at 57,637 euros. The Bavarian average for 2017 was 46,698 euros.
In the other administrative districts, GDP growth was 40.6 percent in Upper Bavaria, 40.4 percent in Middle Franconia, 39.5 percent in Swabia, 37.8 percent in Upper Franconia and 30.9 percent in Lower Franconia. As a result, all Bavarian government districts are above the national average.