Munich
Economy

Munich has the strongest economy of any German city according to a study and the lowest unemployment rate (5.4% in July 2020) of any German city of more than a million people (the others being Berlin, Hamburg and Cologne). Munich ranks third on the list of German cities by gross domestic product (GDP). In addition, it is one of the most attractive business locations in Germany. The city is also the economic centre of southern Germany. Munich topped the ranking of the magazine Capital in February 2005 for the economic prospects between 2002 and 2011 in 60 German cities.

Munich is a financial center and global city that holds the headquarters of many companies. This includes more companies listed by the DAX than any other German city, as well as the German or European headquarters of many foreign companies such as McDonald's and Microsoft. One of the best-known newly established Munich companies is Flixbus.
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