With a gross domestic product (GDP) of 4.121 billion euros in 2023, Germany is the third-largest economy in the world after the United States and China, and thus also the largest economy in Europe.
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The economy of Germany is a highly developed social market economy. It has the largest national economy in Europe, the third-largest by nominal GDP in the ...
May 15, 2024 · The German economy went through a recession in 2023 when real GDP declined by 0.2% (according to the latest GDP release by the German Federal ...
Germany
Country in Europe
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Germany is a Western European country with a landscape of forests, rivers, mountain ranges and North Sea beaches. It has over 2 millennia of history. Berlin, its capital, is home to art and nightlife scenes, the Brandenburg Gate and many sites...
Mar 27, 2024 · Germany is struggling. It was the only G7 economy to shrink last year and is set to be the group's slowest-growing economy again this year, ...
One important role is played by German industry. Industry accounts for 26.6 percent of gross value added in Germany – this is the highest figure of all the G7 ...
Germany has the world's fourth-largest economy. It is unique for its combination of a thriving culture of innovation, a focus on exports and a robust SME sector ...
May 17, 2024 · In a nutshell ... Germany is the biggest economy in the European Union. It accounts for about a quarter of the bloc's gross domestic product (GDP) ...
Economic Survey of Germany (May 2023) After a decade of strong export-led growth, decreasing unemployment and fiscal surpluses, the COVID-19 pandemic and the ...
May 7, 2024 · Germany's economy will stagnate in 2024 despite a stronger than expected start to the year, and will continue to lag behind European peers, ...
It accounts for as much as 22 per cent of the German economy as a whole, a share that compares favourably on a global level. The majority of Germany's visible ...