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Germany Gross Domestic Product (GDP)

Germany Gross Domestic Product is worth 3347 billion dollars or 5.40% of the world economy, according to the World Bank. From 1970 until 2009, Germany's average Gross Domestic Product was 1561.55 billion dollars reaching an historical high of 3649.49 billion dollars in December of 2008 and a record low of 208.87 billion dollars in December of 1970. Germany is the largest economy in Europe. The German economy is heavily export-oriented. In fact, exports account for more than one-third of national output. As a result, exports traditionally have been a key element in German macroeconomic expansion, accounting for over half of the economic growth in recent years. Germany is a strong advocate of closer European economic integration, and its economic and commercial policies are increasingly determined within the European Union (EU). This page includes: Germany Gross Domestic Product (GDP) chart, historical data and news.


CountryInterest RateGrowth RateInflation RateJobless RateCurrent AccountExchange Rate
Germany 1.00%2.20%1.20%7.60%21.3280


  to        

Germany Gross Domestic Product (GDP) 12/31/2009 3346.702 12/31/2008 3649.494 12/31/2007 3316.134 12/31/2006 2912.433 12/31/2005 2789.703 12/31/2004 2745.096 12/31/2003 2442.212 12/31/2002 2016.921 12/31/2001 1890.971 12/31/2000 1900.221 12/31/1999 2143.618 12/31/1998 2184.484 12/31/2009 3346.702 12/31/2008 3649.494 12/31/2007 3316.134 12/31/2006 2912.433 12/31/2005 2789.703 12/31/2004 2745.096 12/31/2003 2442.212 12/31/2002 2016.921 12/31/2001 1890.971 12/31/2000 1900.221 12/31/1999 2143.618 12/31/1998 2184.484

YearValue
20093346.70
20083649.49





Global Economics

Australia Extends Rate Pause
Published: 9/7/2010 12:39:14 PM By: TradingEconomics.com, RBA
Australia’s central bank extended its pause in raising interest rates “for the time being” as concern that the global economic recovery may falter trumped evidence of an accelerating expansion at home.

Brazilian Growth Outstrips Forecast
Published: 9/6/2010 11:06:43 PM By: TradingEconomics.com, Bloomberg
Brazil’s economy grew at an annualised rate of 8.9 per cent in the first half of 2010, defying expectations of a more significant slowdown in the second quarter and signalling that the country may beat its previous forecast of 7 per cent growth for the year.

Swiss Inflation Slowed Fourth Straight Month in August
Published: 9/5/2010 10:25:03 PM By: TradingEconomics.com, Bloomberg
Swiss inflation slowed for a fourth straight month in August, giving the central bank room to keep borrowing costs near zero.

ECB Leaves Interest Rates on Hold for 16th Month
Published: 9/5/2010 10:22:37 PM By: TradingEconomics.com
The European Central Bank has left interest rates at 1 percent for the 16th consecutive month as a still-uncertain global outlook clouds optimism about the eurozone's recovery.

Swiss Economy Expanded 0.9% in Q2
Published: 9/5/2010 6:50:37 PM By: TradingEconomics.com, Bloomberg
Switzerland’s economy expanded at a faster pace than economists forecast in the second quarter as companies stepped up spending to meet global demand.

Euro Area Unemployment Rate Remains Stable at 10.0% in July
Published: 9/5/2010 6:16:40 PM By: TradingEconomics.com, Eurostat
The euro area (EA16) seasonally-adjusted unemployment rate was 10.0% in July 2010, unchanged compared with June. It was 9.6% in July 2009.

Euro Area Inflation Slows to 1.6%
Published: 9/5/2010 6:07:23 PM By: TradingEconomics.com, Bloomberg
Euro Area consumer prices rose 1.6 percent from a year earlier after increasing 1.7 percent in July, the European Union statistics office in Luxembourg said.

Australia Reports Trade Surplus of $1.71 Billion in July
Published: 9/5/2010 3:31:41 PM By: TradingEconomics.com, Bloomberg
Australia’s trade surplus narrowed by more than economists forecast in July as exports of coal and iron ore fell, while imports rose.

Canadian Growth Slowed in Second Quarter
Published: 9/5/2010 2:10:39 PM By: TradingEconomics.com, WSJ
The Canadian economy in the second quarter expanded at less than half the pace set in the first three months of the year, undercutting economists’ expectations and raising questions about whether the country’s central bank will tighten interest rates next week.

India’s Second Quarter GDP Rises To 8.8%
Published: 9/5/2010 1:59:44 PM By: TradingEconomics.com, MarketWatch
India's economy expanded 8.8% in the second quarter from a year earlier, compared to an 8.6% on-year expansion in the first, lifted by robust activity in manufacturing.






Gross Domestic Product (GDP)

According to Wikipedia, the gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country's economy. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits).


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