How much GDP does Germany have?

How much GDP does Germany have?

How much GDP does Germany have?

In 2020, Germany’s gross domestic product (GDP) amounted to 3,332.23 billion euros. Germany is thus among the leading five countries in the world GDP ranking.

Who has the highest GDP in 2014?

With an estimated $2.31 trillion of GDP in 2014, California has the largest state-level economy in the U.S. due largely to its population, which ranks 1st among U.S. states. Texas ranks 2nd at $1.65 trillion. This means that California’s 2014 GDP was 40% bigger than that of Texas.

What is Germany’s GDP in 2021?

Germany: Gross domestic product (GDP) in current prices from 1986 to 2026 (in billion U.S. dollars)

Characteristic Gross domestic product in billion U.S. dollars
2021* 4,319.29
2020* 3,803.01
2019 3,861.55
2018 3,965.57

What was the GDP in 2007?

$648.3 billion
Current-dollar GDP increased 4.9 percent, or $648.3 billion, in 2007. Current-dollar GDP increased 6.1 percent, or $760.8 billion, in 2006. During 2007 (that is, measured from the fourth quarter of 2006 to the fourth quarter of 2007), real GDP increased 2.5 percent. Real GDP increased 2.6 percent during 2006.

Which is the richest country in Europe?

Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living. Luxembourg is a major center for large private banking, and its finance sector is the biggest contributor to its economy. The country’s main trading partners are Germany, France and Belgium.

What is the per capita GDP of Germany?

Germany GDP per Capita. Germany’s GDP Per Capita reached 47,615.533 USD in Dec 2018, compared with 44,262.115 USD in Dec 2017.

What is the gross national product of Germany?

Germany Gross National Income Gross National Product in Germany increased to 886.27 EUR Billion in the third quarter of 2019 from 879.36 EUR Billion in the second quarter of 2019. Nov 24 2019

What is the economic growth of Germany?

Germany is only expected to grow at a rate of 0.5% this year, according to the latest economic forecasts by the European Commission. It will be the second-worst economy across the EU in terms of growth, with only Italy looking more downbeat. It comes after the institution lowered Germany’s growth expectations from 1.8% to 1.1% in February.

What is the formula for gross domestic product?

According to some experts, GDP is not proposed to determine material well-being, but serves as an indicator of the country’s productivity. Formula for Gross Domestic Product (GDP) The general formula used for calculation of the Gross Domestic Product is: GDP = C + G + I + NX.