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Economic Profile Bonn Economic Profile 2018 Bonn is impressive... … in its „expertise“ 28.5% of all people employed in Bonn …in its „economic strength“ hold an academic degree – a figure surpassed in only six municipalities in Germany. 93 858 euros of GDP is generated by each member of the working population in Bonn. That is the highest per capita GDP in NRW. … in its „Beethoven heritage“ 1770 was the birth year of Ludwig van Beethoven in Bonn. In 2020 there will be a host …in its „DAX companies“ of events celebrating his 250th birthday. 103.6 bn … in its „internationality“ euros of market capitalization is accounted for by DAX companies Deutsche Telekom and Deutsche 20 UN organisations employing Post DHL Group, earning Bonn third place in the around 1,000 people make Bonn „national stockmarket league“. THE German UN city. 2 1 3 …in its „magnetism“ … in its „venues“ …in its „political status“ 1.6 m overnight stays mark a new record. 5 000 additional capacity at the Bonn attracts growing numbers of city tourists and World CC Bonn makes the city a top-class conference visitors. conference location. 6 federal ministries have their principal seat in Bonn and the city is Germany‘s second political hub after Berlin. I. Development Trends. 25 years of ployment across NRW increased High percentage Master, Staatsexamen, PhD. Across brought the city a total of 2,781 compared with other cities – still structural change by around 2.3% over the same pe- of academics NRW, the average was 14.5%, com- more residents in 2017. Natural po- points to undiminished strong de- riod and the figure for the Rhein- pared with 15.6% nationwide and pulation change, i.e. the balance of mand for office properties in Bonn. In 1991 the German Bundestag Sieg District around Bonn showed The Federal Employment Agency 12.6% in the Rhein-Sieg District. In births and deaths, has been con- took the decision to transfer the a rise of 2.5%. Owing to the vigo- has adapted its definition of „aca- the regional rankings, Bonn holds sistently positive since 1987 and Relatively low seat of parliament and a number rous long-term growth of employ- demic degree“ to take account of seventh place (also seventh in boosted the population by 393 in unemployment of government functions to Ber- ment, the number of persons with the new educational options that 2016) among the 400-plus munici- 2017. Aside from net migration and lin. This marked the beginning of socially insured jobs in Bonn to- have been introduced. As of 30 palities in Germany and is the out- the balance of births and deaths, In relation to North Rhine-Westpha- a process of structural change in day is 39,332 (29.3%) more than June 2017, 28.5% of the working po- right leader in NRW. the state statistical office IT.NRW lia as a whole, Bonn enjoys rela- Bonn and the administrative dis- the 134,199 recorded in 1991 when pulation (49,540 persons in abso- noted an increase of 191 persons in tively low unemployment. In 2017, tricts of Rhein-Sieg and Ahrweiler parliament passed the resolution lute terms) held one or more of the Population up by 3,365 2017 due to other changes, most of the unemployment rate in the city – a process based on a „Five Pillar to transfer the German capital from following academic qualifications: them the result of posthoc correc- averaged 6.7%, compared to 5.2% Model“ that put the development Bonn to Berlin. Bachelor, Diploma, Magister, According to extrapolated cen- tions. in the surrounding Rhein-Sieg Dis- strategy for the region on a broa- sus figures, the official populati- trict, 7.4% across NRW and 5.7% der footing: on of Bonn totalled 325,490 at the High take-up in nationwide. Unemployment decre- end of 2017. This was 3,365 (1.0%) the office market ased by 0.4 percentage points in • Pillar 1 „Bonn as Federal City“ more than the year-end figure of Bonn during the course of 2017 and • Pillar 2 „Centre for International 322,125 in 2016. As in the past, the The Office for Economic Develop- shrank by a moderate 0.3 percen- Cooperation“ population growth stemmed partly ment registered a total of 143 take- tage points in the Rhein-Sieg Dis- • Pillar 3 „Science and Research from positive net migration, which up transactions in the Bonn office trict while the national figure fell by Region“ market in 2017. They included 142 0.4 percentage points and state- • Pillar 4 „Regional Economy lettings and one owner-occupier of- wide unemployment eased by 0.3 Geared for the Future“ Population Growth in Bonn fice development. percentage points. In a comparison • Pillar 5 „Model of an Environmen- The volume of space taken up in of average annual unemployment tally Responsible Urban Landscape the Bonn office market totalled in 20 major German cities, Bonn and Cultural Region“ +12,1% 108,210 sq m in 2017. This follo- ranked seventh in 2017. Munich +12,5% wed a record figure of 126,200 sqm (4.2%), Stuttgart (4.7%), Münster This strategic approach was enshri- in 2016. Compared to develop- (5.4%), Frankfurt am Main (5.9%), 348 900 ned in the 1994 Berlin-Bonn Act. ments in recent years, take-up was Nuremberg (6.0%) and Dresden 311 300 population population (forecast) moderately recessive in 2017 but (6.6%) scored better. Other NRW 276 700 still significantly higher than the an- cities such as Düsseldorf (7.4%), Record population nual average of 93,500 sq m over Cologne (8.4%) and Duisburg employment the period 2013 – 2017. Unoccup- (12.5%) had significantly higher le- ied office premises accounted for vels of unemployment. As of 30 June 2017, the Federal 2.62% of the total stock registered Employment Agency registered a at year-end 2017. With the aggre- record 173,531 employees liable gate floor space of office premises to social insurance contributions in Bonn totalling around 3.86 milli- in Bonn. The figure marks a 2.2% on sq m, this amounts to 100,989 rise in employment since June sq m. Against the previous year, 2016, which in absolute terms me- 1987 2014 2040 the vacancy rate edged up by 0.45 ans 3,691 more people in socially Source: Census of 25 May 1987, percentage points. Nevertheless, insured work. By comparison, em- IT.NRW 1 January 2014 and 2040 forecast the annual level of vacancy – even 4 I. Development Trends. 5 II. Business City. Vigorous service also expanded significantly, regis- (33.0%). However, comparison with sector growth tering an additional 1,158 persons selected cities in NRW showed that employed – a percentage increa- some registered significantly more The number of socially insured per- se of 7.9%. The sharpest employ- employment in large enterprises. sons employed in the service sec- ment gains in absolute terms were For example, while the percentage tor in Bonn increased significantly again seen in public administration of employment generated by large between 2016 and 2017, growing by (+419 employees/+2.2%) and the enterprises stood at 41.3% in Müns- 3,585, or 2.3%. In mid-2017, a total hospitality industry (+296 emplo- ter – similar to Bonn – it was 43.7% of 159,522 persons in Bonn were yees/+4.9%). The manufacturing in Cologne, 43.8% in Düsseldorf engaged in tertiary occupations, sector also registered a moderate and no less than 50.1% in Leverku- which is 91.9% of the entire active upturn in employment over the year sen. population. Like Frankfurt am Main with a 0.7% increase in jobs. and Potsdam, Bonn thus ranks Global players among the cities with the most 99.5% of in Bonn highly geared service economies in businesses SMEs Corporate management Market capitalisation in euros and Germany. Across NRW as a who- Across the area covered by the number of companies by city le, 72.6% of the working populati- Enterprises with fewer than 250 Bonn/Rhein-Sieg Chamber of In- Bonn’s significance as a key loca- on was active in the tertiary sector employees accounted for 99.4% dustry and Commerce, the largest tion for major national and interna- as of the middle of 2017. The ma- of all businesses in Bonn in 2016. private employers in 2017 (exclu- tional companies is revealed by a Hamburg 43,73 bn/8 nufacturing sector accounted for Numbering 15,550 entities, they ding public institutions) were Deut- closer look at the market capitali- Berlin around 26.9% of total employment provided 89,658 jobs (58.6% of sche Telekom, Deutsche Post DHL sation of the companies that Bochum 30,61 bn/4 in NRW. Against 2016, the number the total) subject to social security Group and Postbank. Together, they are listed in the DAX indices (DAX 21,75 bn/1 of persons employed in the manu- contributions. The other 90 enter- employed around 27,600 people. 30, MDAX, TecDAX) and have their Wolfsburg Essen 68,98 bn/1 facturing sector in NRW edged up prises, with 250 or more emplo- The two publicly listed heavy- head offices in the city. In August 90,55 bn/6 by 0.5%. The equivalent figure in yees, provided 63,231 jobs (41.4%) weights alone – Deutsche Telekom 2018, the Bonn DAX companies Hannover Dusseldorf 57,99 bn/3 Bonn also showed a moderate rise subject to social security contri- and Deutsche Post DHL Group – Deutsche Telekom and Deutsche 77,74 bn/8 of 0.7% (+100 persons in absolute butions.
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