The German economy with a population of 81.7 Million (Est 2010) ranks 5th in the world with a GDP PPP of 2.8 trillion and GDP PPP per capita of 34,388 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Euro (EUR) which is the 2nd most traded currency in the world. Bank deposits held for a fixed term in Germany are called time deposits. According to CIA.gov its inflation was 2.6% in 2008 and 0.3% in 2009.