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Health care, including its industry and all services, is one of the largest sectors of the German economy. Direct inpatient and outpatient care equivalent to just about a quarter of the entire 'market' – depending on the perspective. [7] As of 2007 a total of 4.4 million people were working in the health care sector, about one in ten ...
Health care reform measures in Germany are designated by the legislature for the organization of the health care system. The main aim of such reforms is to curb the increase of costs in statutory health insurance (for example, by stabilizing the contribution rate and, thus, non-wage labor costs by reducing benefits, increasing co-payments or by changing the remuneration of service providers). [1]
Germany had the twenty-fourth highest level of expected human capital with 25 health, education, and learning-adjusted expected years lived between age 20 and 64 years. [1] The Human Rights Measurement Initiative [2] finds that Germany is achieving 90.0% of what should be possible for the right to health, based on their level of income. [3]
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 ...
Germany suffers “from a bundle of individual problems,” rather than one major ailment, according to Stefan Kooths, research director at the Kiehl Institute for the World Economy.
Germany’s challenges span the structural and cyclical, domestic and geopolitical, creating a perfect storm for the country’s economy that most economists see little way out of in the short run.
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).
Germany’s economy shrank last year for the first time since the onset of the Covid-19 pandemic, official data showed Monday, increasing the risk of an economic contraction in the wider euro area.