Status: April 2022
Bonn is a prospering economic, science and innovation hub of international importance. As the German UN City with numerous organizations of international reach, it is moreover a platform of dialogue about world-wide issues relating to a sustainable future. Situated in one of the most scenic landscapes of Europe, and boasting a rich cultural life, Bonn provides optimum conditions of work and life.
Bonn has become an excellent location for business companies and has positioned itself in the top section of commercial hubs in Germany. Behind Munich, Düsseldorf, Walldorf and Wolfsburg, Bonn is the most "valuable" city in Germany, measured in terms of the stock market price of the DAX companies and global players Deutsche Telekom and Deutsche Post DHL Group.
Bonn has performed well in the nation-wide city rankings for years. The strong economic performance is based on location factors which stand out in regional competition: sustained positive population growth, high purchasing power which is 12.3 percent above the national average, the above-average level of education of its population, its internationality and its excellent science environment – to mention only a few. Its high quality of life is to many companies an advantage in providing attractive living conditions to qualified staff.
The city of Bonn is forecast to experience sustained positive population growth. By 2050, around 360,000 people are expected to live in the federal city. The Bonn/Rhein-Sieg/Ahrweiler region will then have a total of around 1.1 million inhabitants, which will continue to ensure a qualified workforce and a good demand structure in the future. According to municipal statistics, 335,975 people lived in the city of Bonn on December 31, 2021.
Throughout the past years, the service sector in particular has evolved into a powerful growth engine including all sorts of services, real estate and housing as well as the health and social sectors. The information and communication sector occupies a central position for Bonn as a business location. The city was also able to continue gaining ground as a tourism and congress location. Many of the strongly increasing number of businesses in Bonn is found in the various service sectors, creating the preconditions for more economic growth. The rate of unemployment is comparatively moderate and among the lowest in North Rhine-Westphalia.
This development has also a positive effect on the local real estate market. With 2.1 percent, the City of Bonn has a relatively positive vacancy rate for office space, far below the figures of other cities. Independently of each other, different real estate experts forecast an excellent growth potential and a stable increase in value for the real estate market in Bonn.
Internationality is an important locational advantage
The internationality of the German UN City is also of importance to local business. Congresses of world-wide importance take place in Bonn, regularly generating considerable turnover. This goes equally for the premium cultural events in Bonn, which attract visitors from all over the world. One of the highlights is for example the annual Beethoven festival.
International schools secure important site prerequisites for the international institutions and their staff.
In 2015, the opening of the extended World Conference Center Bonn (WorldCCBonn) near the UN Campus has added to Bonn’s importance as a conference and congress venue. The enlargement of the historic Parliament buildings by another congress hall and the construction of a four-star-plus hotel will further upgrade the attractiveness of Bonn’s "Federal District". For Bonn as the German city of the United Nations with 25 UN organizations residing on the UN Campus, the completion of the WorldCCBonn was an important step towards establishing Bonn as a platform of international dialogue.
Benefiting from its central location in Europe, Bonn is optimally connected via all transport routes. Cologne/Bonn Airport also ensures an efficient connection via international air traffic, both for passengers and for freight.
Further information can be found in the current annual economic report: