How Rich is Schwerin?

Schwerin is the capital and second largest city of the German state of Mecklenburg-Vorpommern. While small in size, Schwerin is the cultural, economic and administrative heart of the state, home to many government offices, historical landmarks, and a diverse population of over 99,000 people. Many are curious about its economic status and, in this article, we will attempt to answer the question: how rich is Schwerin?

First of all, according to the 2019 Gross Regional Product (GRP) statistics produced by Statista, Schwerin has a GRP of 4,032.77 million euros. Consequently, its GRP per capita is measured at 39,212.12 euros per person. This places Schwerin among the top-performing regions of Germany for economic output, outperforming almost all other German states except for Bavaria.

Statista provides a useful overview of the GRP of other states and regions in Germany for context: with an average across the country of 20,438.44 euros per person, Schwerin stands well above the norm. Indeed, it comes second to only Bavaria and ahead of Hamburg, Berlin, and North Rhine-Westphalia in terms of GRP per capita in Germany.

Schwerin also has a lower unemployment rate than much of the region. Based on May 2021 data from Germany’s Federal Employment Agency, Schwerin has an unemployment rate of 4.2%, compared to 5.2% across all of Mecklenburg-Vorpommern and an average of 4.8% across the whole country. Furthermore, Schwerin plays host to a number of large companies like E.ON and Bertelsmann as well as many smaller businesses operating out of the city’s business parks and tech start-ups. On top of that, it has attracted major investment into the region for its rapid infrastructure growth since about 2014 when it became part of the East German boom.

The city is also home to a very diverse population for a city its size, with residents from over 80 different countries. This population offers more talent and experience to the local economy than you may find elsewhere, on top of the high educational standards in the region.

Going from the data and statistics alone it is clear that Schwerin fares very well economically compared to other German regions and states. This is not to mention that its infrastructure is improving rapidly with new investments coming in every day and its population provides skilled labour force to the region’s businesses and industries. This points to a very optimistic future for Schwerin and sends a positive signal to potential new businesses that may look to invest or expand into the region and enjoy the benefits it offers.

Insider’s Guide to Schwerin: The Wealth of Culture and History

Schwerin is a beautiful city in northern Germany that boasts of its cultural heritage, rich history, and stunning architectural marvels. The city is known for its impressive museums, awe-inspiring palaces, beautiful lakes, and a wide array of cultural experiences. This insider’s guide will walk you through the must-visit places in Schwerin, the best dining spots, the cultural experiences, and the lesser-known attractions.

Attractions

Schwerin Palace – No visit to the city of Schwerin is complete without visiting the Schwerin Palace. This stunning palace is situated on an island in the middle of Lake Schwerin and offers a breathtaking view of the city. The palace has been the seat of the dukes and grand dukes of Mecklenburg-Schwerin since 1348 and offers a glimpse into the history of the region.

Schwerin Cathedral – Schwerin Cathedral is a unique blend of Baroque and Gothic architecture and is the most prominent place of worship in the city. The cathedral is known for its stunning stained glass artwork and intricately carved sculptures.

State Museum of Schwerin – The State Museum of Schwerin is a must-visit for history buffs. The museum houses an extensive collection of artifacts, paintings, and sculptures that showcase the region’s history. The collection includes medieval art, Renaissance art, and modern art.

Dining Spots

Brauhaus – Brauhaus is the go-to dining spot in Schwerin that offers traditional German cuisine and the best beer in town. The restaurant is housed in a historical building and has a cozy, warm ambiance.

Stadtkrug Alt Schwerin – Stadtkrug Alt Schwerin is another popular restaurant in the city that offers authentic German cuisine. The restaurant is famous for its rustic décor and the extensive collection of German beer.

Cultural Experiences

Opera House – The Schwerin Opera House is an excellent venue for enjoying world-class productions and experiencing the arts. The opera house is known for its incredible acoustics and impressive architecture.

Museum of Modern Art – The Museum of Modern Art is a great place to explore contemporary art and the avant-garde movement of the 20th century. The museum houses an excellent collection of modern art from artists all over the world.

Local History

Mecklenburg-Vorpommern State Museum – The Mecklenburg-Vorpommern State Museum is a great place to learn about the local history and cultural heritage of the region. The museum consists of several exhibitions that showcase the region’s history, art, and culture.

Off The Beaten Path

Schwerin Zoo – Schwerin Zoo is a hidden gem in the city that is often overlooked by tourists. The zoo is home to a wide variety of animals and birds, including species that are native to the region. The zoo also has a petting zoo, a playground, and a picnic area.

Paddle Boating – Lake Schwerin is the perfect place to go paddle boating. Rent a boat and explore the lake’s beautiful surroundings while enjoying the serene ambiance.

In conclusion, Schwerin is a city that is rich in culture, history, and natural beauty. This insider’s guide provides you with the go-to attractions, dining spots, cultural experiences, local history, and off-the-beaten-path suggestions to make the most of your visit. Schwerin is a must-visit destination for anyone who wants to experience the wealth of culture and history of this charming city.