Service economy

Service economy

The service sector is the one with the highest growth rate in Berlin.

Dienstleistungswirtschaft

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No other industry has seen as many companies move to and start up in Berlin in recent years. Berlin offers companies a large local market with about 3.7 million consumers. Above all, the communications, consultancy, and service industries are experiencing strong growth and new services related to Berlin's strong information and communication technology industries are in high demand.

One of the main economic sectors of the city is the tourism industry. With around 34 million overnight stays in 2019, Berlin has continued to break records in the number of visitors unlike hardly any other metropolis. Due to the pandemic, the number of visitors fell by around two thirds in 2020.

(Source: Berlin Business Location Center, 2021)

Last edited: 9. August 2021