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Germany's credit rating by credit rating agencies Standard & Poor's, Moody's, and Fitch Ratings stands at the highest possible rating AAA with a stable outlook in 2016. [140] Germany's "debt clock" (Schuldenuhr) reversed for the first time in 20 years in January 2018. It is now currently increasing at 10,424.00 per second (October 2020).
States GRDP (bil. EUR€) Germany 4,121.160 Bavaria 839.084 North Rhine-Westphalia 768.469 Baden-Württemberg 615.071 Lower Saxony 363.109 Hesse 351.139 Berlin 193.219
For easy comparison, all GRP figures are converted into US dollars according to annual average exchange rates. [ 1 ] [ n 1 ] Values up until 2018 are rounded to the nearest hundred. GDP per capita nominal of German states compared to country's average 48 800 in USD, 2019
Germany’s economy, Europe’s largest, ... Over the last five years, it has grown only 0.2% , compared with 4.6% growth in the 20 countries that use the euro, 4.1% in France and 5.5% in Italy.
Germany’s economy shrank last year for the first time since the onset of the Covid-19 pandemic. The outlook isn’t much brighter: The International Monetary Fund sees zero economic growth this ...
While it has largely avoided a technical recession, Germany’s economy contracted by 0.3% in 2023 and is set for a 0.2% decline this year. "Sick Man of Europe " Employees took 15 days of sick ...
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
Germany’s economy shrank last year for the first time since the onset of the Covid-19 pandemic, ... compared with 2022, taking the total number of people in work to 45.9 million. According to ...