Business location Saxony

That's How Saxony Works.

Saxony is one of Germany’s leading industrial regions, combining a long tradition of engineering excellence with advanced future technologies. The state is particularly known for innovation and export-oriented industries.

Key strengths:

  • Microelectronics
  • Automotive industry
  • Mechanical engineering
  • Semiconductor technologies
  • Research and development

Close cooperation between businesses, universities, and research institutions drives innovation and technology transfer. Saxony benefits from strong industrial clusters and specialization in high-tech sectors. This combination makes the state an attractive destination for investment and highly skilled professionals.

Facts and Figures

Basic data
State
Germany » Saxony
Population
4 042 422
Gross domestic product
167,97bn. EUR
Export volume
50,55bn. EUR
Retail purchasing power
Retail purchasing power (per person)
n.a.
Retail purchasing power index (per person)
n.a.
Retail purchasing power (per household)
n.a.
Retail purchasing power index (per household)
n.a.

Area information

Types of use and land prices
State area
18 449,89 km²
Average land price
125,57 €/m²
Industrial and commercial area
24 042 ha
Residential building area
88 731 ha
Agricultural area
n.a.

Labour market

General
Unemployment rate
7,1 %
Labour - total
1 625 455 persons employed
Gross salary by job specification
Gross salary - expert
5 663 €/month
Gross salary - specialist
4 339 €/month
Gross salary - skilled worker
3 296 €/month
Gross salary - helper
2 758 €/month
Labour by job specification
Labour - expert
14 %
Labour - specialist
14 %
Labour - skilled worker
56 %
Labour - helper
14 %

District within the state

Contact
My|BusinessLocation Kundenservice