Germany is a federal parliamentary republic of sixteen states. The capital and largest city is Berlin. Germany is a member of the United Nations, NATO, the G8, the G20, and the OECD. It is a major power with the world's fourth largest economy by nominal GDP and the fifth largest by purchasing power parity. It is the second largest exporter and third largest importer of goods. In absolute terms, Germany allocates the third biggest annual development aid budget in the world, while its military expenditure ranked seventh.The country has developed a very high standard of living and a comprehensive system of social security. It holds a key position in European affairs and maintains a multitude of close partnerships on a global level.Germany is recognised as a scientific and technological leader in several fields.
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