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===Development=== Saxony-Anhalt was part of the communist German Democratic Republic. After the breakdown of communism and the German reunification in 1990, the collapse of non-competitive former GDR industries temporarily caused severe economic problems. In 2000, Saxony-Anhalt had the highest unemployment rate of all German states, at 20.2%.<ref>{{cite web |author=Statistisches Landesamt Sachsen-Anhalt |url=http://www.statistik.sachsen-anhalt.de/Internet/Home/Daten_und_Fakten/1/13/132/13211/Arbeitsmarktdaten_im_Land_Sachsen_Anhalt.html |title=Statistical Office of the State of Saxony-Anhalt (2010) |publisher=Statistik.sachsen-anhalt.de |date=29 January 2014 |access-date=16 August 2014 |url-status=live |archive-url=https://web.archive.org/web/20140819125542/http://www.statistik.sachsen-anhalt.de/Internet/Home/Daten_und_Fakten/1/13/132/13211/Arbeitsmarktdaten_im_Land_Sachsen_Anhalt.html |archive-date=19 August 2014}}</ref> However, the process of economic transformation towards a modern [[market economy]] seems to be completed. Massive investments in modern infrastructure have taken place since 1990, and the remaining and newly created businesses are highly competitive. For example, the industry has doubled its share of international revenue from 13 percent in 1995 to 26 percent in 2008.<ref>[http://www.halle.ihk.de/webKreator/upload/temp_dokumente/1034285159/Regionalstatistik%202010.pdf Chamber of Commerce and Industry of Halle-Dessau (2010), p. 14]{{dead link|date=August 2014}}</ref> Meanwhile, the unemployment rate has fallen considerably.<ref>{{cite web |url=http://www.ihk-berlin.de/linkableblob/818034/.23./data/Fakten_Arbeitsmarkt-data.pdf |archive-url=https://ghostarchive.org/archive/20221009/http://www.ihk-berlin.de/linkableblob/818034/.23./data/Fakten_Arbeitsmarkt-data.pdf |archive-date=2022-10-09 |url-status=live |title=Chamber of Commerce and Industry of Berlin (2011), p. 2 |language=de |access-date=16 August 2014}}</ref> By 2010 the GDP of Saxony-Anhalt was almost two and a half times higher than it was in 1991.<ref>{{cite web |url=http://www.fdiatlas.com/area/Europe/Germany/region/Saxony-Anhalt |title=(2010) |publisher=fDi Atlas |access-date=16 August 2014 |archive-date=4 April 2012 |archive-url=https://web.archive.org/web/20120404155856/http://www.fdiatlas.com/area/Europe/Germany/region/Saxony-Anhalt |url-status=live }}</ref> Even though part of this recovery was brought on by the positive performance of the German economy, Saxony-Anhalt not only followed the national trend, but clearly outperformed other German states. For example, it outperformed three German states in terms of unemployment (10.8%, as of September 2011): the German capital and [[city-state]] of [[Berlin]] (12.7%), the city-state [[Bremen (state)|Free Hanseatic City of Bremen]] (11.3%) and [[Mecklenburg-Western Pomerania]] (11%).<ref>{{cite web |url=http://m.ihk-berlin.de/linkableblob/818034/.28./data/Fakten_Arbeitsmarkt-data.pdf;jsessionid=DDE8292A29242A352F72A9D35E869F0F.repl1 |title=Chamber of Commerce and Industry of Berlin |page=2 |date=2011 |access-date=16 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140201204441/http://m.ihk-berlin.de/linkableblob/818034/.28./data/Fakten_Arbeitsmarkt-data.pdf;jsessionid=DDE8292A29242A352F72A9D35E869F0F.repl1 |archive-date=1 February 2014}}</ref> The unemployment began to fall under 10% in 2016, and stood at 7.1% in October 2018.<ref>{{Cite web |url=https://de.statista.com/statistik/daten/studie/36651/umfrage/arbeitslosenquote-in-deutschland-nach-bundeslaendern/ |title=Arbeitslosenquote nach Bundesländern in Deutschland 2018 {{!}} Statista |website=Statista |language=de |access-date=13 November 2018 |archive-date=27 June 2021 |archive-url=https://web.archive.org/web/20210627171657/https://de.statista.com/statistik/daten/studie/36651/umfrage/arbeitslosenquote-in-deutschland-nach-bundeslaendern/ |url-status=live }}</ref> {| class="wikitable" !Year<ref>{{Cite web |url=https://www-genesis.destatis.de/genesis/online/data;sid=8605C2647C4C92D731CC1EC4BAC5AF53.GO_1_3?operation=ergebnistabelleUmfang&levelindex=3&levelid=1542098063701&downloadname=13211-0007 |title=Federal Statistical Office Germany – GENESIS-Online |last=(Destatis) |first=Statistisches Bundesamt |date=13 November 2018 |website=www-genesis.destatis.de |language=en |access-date=13 November 2018 |archive-date=13 November 2018 |archive-url=https://web.archive.org/web/20181113170119/https://www-genesis.destatis.de/genesis/online/data;sid=8605C2647C4C92D731CC1EC4BAC5AF53.GO_1_3?operation=ergebnistabelleUmfang&levelindex=3&levelid=1542098063701&downloadname=13211-0007 |url-status=live }}</ref> !2000 !2001 !2002 !2003 !2004 !2005 !2006 !2007 !2008 !2009 !2010 !2011 !2012 !2013 !2014 !2015 !2016 !2017 |- |Unemployment rate in % |20.2 |19.7 |19.6 |20.5 |20.3 |20.2 |18.3 |15.9 |13.9 |13.6 |12.5 |11.6 |11.5 |11.2 |10.7 |10.2 |9.6 |8.4 |}
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