Thursday 30 January 2020

Germany posted weakest economic growth in 6 years

Germany actually posted a 0.6% increase in GDP for 2019, marking its slowest growth since 2013. This Youtube video is interesting with CNBC's Annette Weisbach providing analysis of the news.

Germany GDP 2019: $3,846,591 million.

The GDP figure in 2019 was $3,846,591 million. The absolute value of GDP in Germany rose $104,749 million with respect to 2018. The GDP per capita of Germany in 2019 was $46,334, $1,328 higher than in 2018, it was $47,662.

Gross Domestic Product of Germany grew 0.6% in 2019 compared to last year.

Germany, with a budget surplus of 1.7% of GDP in the first nine months of last year, refuses the coordinated, or unified, fiscal policy. But Germany has no moral qualms about using the customs union to live off its European trade partners with a surplus of 137.4 billion euro, accounting for 2-thirds of its total net exports during the January-November period of last year.

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