Economic Key Facts

Here you will find important facts and figures on the City of Frankfurt am Main, the FrankfurtRheinMain metropolitan area as well as business data and labor cost.

  1. City of Frankfurt/Main
       
    Area 248 sq km
    Population 2014 708,543
    Households (31.12.2013) 393,972
    Jobs 2012 651,800
    Umemployment rate (8/2014) 7.5 %
    Commuters (2013) 336,922
    Business firms (January 2015) 63,644
    Trade associations 1,000
    Purchasing power index (Germany = 100) 117.70
    Purchasing power per inhabitant (GfK Kaufkraft Deutschland 2014) 24,920 EUR
    Gross Domestic Product per Job 84,400 EUR
    Gross Domestic Product Frankfurt in 2012 55.0 billion EUR
    of which
    – Manufactoring 16.8 %
    – Service industries 83.2 %
    Manufactoring companies 3,717
    Indsutrial jobs 50,156
    Total industrial sales (2012) 16.2 billion EUR
    – of which exports 58.2 %
    Retail and wholesale companies 11,002
     Advertising agencies 4,645
    PR agencies, Market research 444
    IT-Consulting,Engineering and planning offices, techn. Consulting 1,549
    Management consultants 4,019
    Lawyers 8,736
    Tax consultants 1,830
    Skilled trades 7,800


    Source:
    Statistic Yearbook City of Frankfurt am Main 2014, Chamber of Industry and Commerce Frankfurt as of January 2015, Crafts Chamber, Tax Consultants’ Chamber, Laywers’ Chamber Federal Labour Agency as of August 2014.

  2. Region FrankfurtRhineMain
     
    Area 14,755 sq km
    Population 5.58 million
    Jobs 3.0 million
    Companies 407,000
    Municipalities 468
    Gross Domestic Product (GDP) 216,5 Mrd. Euro
    GDP per Job 72,500 Euro
    GDP per inhabitant 38,800 Euro


    source: 
    Arbeitskreis “Volkswirtschaftliche Gesamtrechnungen der Länder” im Auftrag der Statistischen Ämter der 16 Bundesländer, des Statistischen Bundesamtes und des Bürgeramtes, Statistik und Wahlen, Frankfurt a. M., Stand August 2014, IHK Frankfurt am Main, Last update: August 2014

  3. Companies + Jobs
      number of
    companies
    in Frankfurt
      number of
    jobs
    in Frankfurt
    Banking/ Insurance 2,985 74,335
    Creative Industry 25,065
    Industry
    Trade 11,002 41,318
    Logistics 2,841 74,832
    IT 4,059 29,267
    Real Estate
    Catering
    Gesamt 63,644 527,940


    source
    :
    CCI-member companies as of January 2015, own calculation on the basis of figures by the Federal Labour Agency

  4. Labor Costs

    Average gross income per employee in 2010, state of Hesse

     

    Average per employee
    in the State of Hesse
    gross
    income
    additional
    payments
    per employee (also part time) 31.521 €
    per employee (only full time) 48.337 € 5.046 €
    Manufactoring 48.083 € 5.439 €
    Constructing 36.005 € 2.294 €
    Trade 44.372 € 4.632 €
    Logistics 45.542 € 3.965 €
    Traffic and Communication Industry 63.569 € 8.206 €
    Banking and Insurances 77.980 € 14.620 €
    Business to Business Services 67.423 € 10.091 €

     
    source:
    own calculation on the basis of figures by the Bundesagentur für Arbeit


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