linguistic:translation
Economy

In 2018, the GDP of Berlin totaled €147 billion, an increase of 3.1% over the previous year. Berlin's economy is dominated by the service sector, with around 84% of all companies doing business in services. In 2015, the total labor force in Berlin was 1.85 million. The unemployment rate reached a 24-year low in November 2015 and stood at 10.0%. From 2012 to 2015 Berlin, as a German state, had the highest annual employment growth rate. Around 130,000 jobs were added in this period.

Important economic sectors in Berlin include life sciences, transportation, information and communication technologies, media and music, advertising and design, biotechnology, environmental services, construction, e-commerce, retail, hotel business, and medical engineering.

Research and development have economic significance for the city. Several major corporations like Volkswagen, Pfizer, and SAP operate innovation laboratories in the city. The Science and Business Park in Adlershof is the largest technology park in Germany measured by revenue. Within the Eurozone, Berlin has become a center for business relocation and international investments.