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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).
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
The current map of EU growth is one of huge regional variation, with the larger economies suffering from stagnant growth and most of the newer states enjoying sustained, robust economic growth. The European Union's financial system is characterized by a large banking sector, with bank assets comprising 300% of GDP, compared to 85% in the United ...
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.
Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s biggest economy as its fortunes falter. Europe’s biggest economy is ...
Germany’s economy contracted by 0.3% through 2023, fighting varying stages of stagnation and recession. Exports declined 4.6% in the year to December 2023, while imports declined more than 12% ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
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