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Rank Metropolitan Area GDP (€ Million) (2021) Population (2022) [3] GDP per capita (€) 1 Rhine-Ruhr Metropolitan Region: 536,431 13,000,000 41,264
States GRDP (bil. EUR€) Germany 4,121.160 Bavaria 768.469 North Rhine-Westphalia 839.084 Baden-Württemberg 615.071 Lower Saxony 363.109 Hesse 351.139 Berlin 193.219
The rapid advance to industrial maturity led to a drastic shift in Germany's economic situation – from a rural economy into a major exporter of finished goods. The ratio of the finished product to total exports jumped from 38% in 1872 to 63% in 1912. By 1913 Germany had come to dominate all the European markets.
Statistics show that Germany's east has done fairly well in catching up with the wealthier west over the past decade but that success has done little to dispel economic pessimism that has helped ...
The BDI says Germany has once again become one of the EU's economic laggards amid a six-year decline in country's industry. ... deep economic crisis’ as major industry lobby predicts longest ...
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
As Chinese EVs like BYD swarm Europe’s key markets, historic examples of deindustrialization pose a warning to the continent’s carmakers Ryan Hogg April 10, 2024 at 1:00 AM
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 ...