According to a study, Munich, Darmstadt and Berlin are top of the league: In this year's city ranking of the Institute of German Economy (IW), the three municipalities are leading in various disciplines.
According to the analysis published on Thursday, 21 November 2019, the classic car cities of Ingolstadt and Wolfsburg are losing considerable momentum.
Berlin ahead of Munich and Fürth
30 years after the fall of the Berlin Wall, Berlin took first place in terms of dynamics. Especially in the labor and real estate markets, the pace has risen significantly. From 2012 to 2017, around 250,000 more people moved to Berlin. Munich ranked second, followed by Fürth. The car cities of Ingolstadt and Wolfsburg - still among the top ten last year - fell to 39th and 49th respectively.
Munich continues to play in the top league
The Bavarian state capital landed on the winner's podium for the seventh time in a row, followed by Erlangen and Stuttgart. The two car cities also lost ground here - albeit not so dramatically. Ingolstadt ranked fourth (previous year: second) and Wolfsburg seventh (fifth). The banking metropolis of Frankfurt, Hamburg, Regensburg, Würzburg and Ulm are also among the top ten. At the bottom end of the table are Bremerhaven (69th place) and the Ruhr cities of Herne (70th place) and Gelsenkirchen (71st place).
Analysis compares economic strength and rates of change
According to the analysis, Darmstadt is still best equipped for the future, followed by Munich, Erlangen, Stuttgart and Jena. For the annual study, the IW Consult company of the employer-oriented IW compares the current economic strength, rates of change of certain indicators (dynamics) and future prospects of 71 independent cities with more than 100,000 inhabitants. Factors such as economic structure, labor market, real estate, research strength, and future industries are analyzed.