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As of 2013, Germany is the third-largest exporter and third-largest importer in the world, producing the largest trade surplus as a national economy. The German economy practically stagnated in the beginning of the 2000s. The worst growth figures were achieved in 2002 (+1.4%), in 2003 (+1.0%), and in 2005 (+1.4%). [76]
States GRDP (bil. EUR€) Germany 4,121.160 North Rhine-Westphalia 839.084 Bavaria 768.469 Baden-Württemberg 615.071 Lower Saxony 363.109 Hesse 351.139 Berlin 193.219
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...
The German economy shrank by 0.3% in 2023. ... and the far-right Alternative for Germany also has performed strongly in recent state and European Parliament elections. ___ ...
Germany, as Europe's largest economy, has faced a challenging period in recent years. The impact of soaring energy costs, structural obstacles, and slowing growth in China has weighed on the ...
Germany can take solace in the fact that despite its current troubles, it’s still the biggest economy in Europe. And while revenues for Fortune 500 Europe companies declined last year, profits ...
According to a study from the German Economic Institute, Bavaria has the strongest economy of any German state, closely followed by Baden-Württemberg. [8] After North Rhine-Westphalia, by far the most populous state of Germany, Bavaria and Baden-Württemberg have the second and third highest gross regional product (GRP) and the second and third highest number of billionaires, [9] respectively.
The collapse of Germany's governing coalition and President-elect Donald Trump's imminent return to the White House are creating new risks for the European Union's biggest economy, already in a ...