German ICT sector grew by 5.2% in 2014

Tuesday 22 November 2016 | 10:48 CET | News
The German IT and telecommunications sector generated sales of EUR 314.5 billion in 2014, according to recent figures from the Federal Statistics Offices (Destatis). Sales for 2014 were 15.5 billion higher than the year prior, an increase of 5.2 percent, Detstatis reported. The service sector generated 61 percent of the turnover, bringing in EUR 191.6 billion. By contrast, wholesale ICT accounted for EUR 88.9 billion and product production accounted for EUR 33.8 billion. In 2014, the sector comprised around 98,000 enterprises employing around 1.1 million persons.

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Categories: General
Countries: Germany
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