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The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years. The new projection is much ...
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country.
This is a sortable list of all European countries by their gross domestic product in billions of US dollars at market or official government exchange rates (nominal GDP), according to the International Monetary Fund. The economic and political map of Europe also includes: Turkey, Georgia, Armenia, Azerbaijan, Cyprus and Kosovo.
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 ...
Slowing economic growth in China, until recently Germany’s second-biggest export market, has crimped demand for goods, and fundamental shifts in the Chinese economy mean that demand may not ...
Analysts believe Germany is now expected to enter a technical recession, defined as two consecutive quarters of negative economic growth. Germany’s Purchasing Managers Index (PMI), which ...
Germany is home to many financial centres and economically important cities, such as Berlin, Hamburg, Munich, Cologne, Frankfurt, and Stuttgart; 4 of the 5 biggest EU metropolitan areas by GDP are in Germany. 7 German banks are among the biggest in the world. Germany is the world's top location for trade fairs; [57] around two thirds of the ...
For 2023, the government now expects economic growth to normalise with an expansion rate of 1.6%, the two sources told Reuters on condition of anonymity. Exclusive-Germany cuts 2021 GDP growth ...