Germany is the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and fifth by GDP (PPP) in 2008.[14] Since the age of industrialisation and beyond, the industrial capitalism,the country has been a driver, innovator, and beneficiary of an ever more globalised economy. Germany is the world's second largest exporter with $1.408 trillion exported in 2011 (Eurozone countries are included), Exports account for more than one-third of national output