Hessen ranks fourth in GDP among the German laender, and is positioned at the 4×4 slot within the G8x8. In 2016, it achieved a GDP of 269.4 billion € and a share of 8.6 percent of the German total. Its GDP was higher than that of Israel and Hong Kong, but slightly lower than that of Egypt.
Frankfurt is the seat of the European Central Bank and the German Bundesbank. It is the location of a major stock exchange in Europe. Frankfurt is not the capital, but the largest city in the state of Hessen, which has distinguished itself as an attractive location for foreign direct investment.
No other German territorial state receives as much foreign investment relative to the number of jobs. Hessen is one of Germany’s and Europe’s most attractive locations for international investors.
The federal state has used Hessen’s central location in Germany to build a transportation infrastructure that is unparalleled in Europe. The Rhine-Main area in particular occupies a top position in Europe for its status as an international hub for air, road and rail traffic.
For more information, try https://english.hessen.de/economy.