In macroeconomic terms, Germany’s total exported goods represent 30.5% of its overall Gross Domestic Product for 2023 ($5.538 trillion valued in Purchasing Power Parity US dollars). That 30.5% for exports to overall GDP per PPP in 2023 compares to 31.2% one year earlier. Those percentages sug...
The official estimate for Germany's GDP published by the World Bank was $5.221 trillion at the end of 2023 inpuchasing power partityterms. World Economics has developed a database presenting GDP inPurchasing Power Parityterms with added estimates for the size of theinformal economyand adjustments...
We use the Johansen cointegration approach to assess the empirical validity of the purchasing power parity (PPP) between the UK and Germany since the intro
We use the Johansen cointegration approach to assess the empirical validity of the purchasing power parity (PPP) between the UK and Germany since the introduction of the euro. We conduct the empirical analysis in the context of the global financial crisis that began in 2007 and find that it di...
the 64th largest in the world. Since its reunification in 1990, it has the largest population in Europe (83.1 million). With the 25th highest GDP per capita, its economy is Europe’s largest, ranked globally number five in purchasing power parity. German is the official language (Fig.1)....
Applied Economics LettersChang, Chang, Su (2011, June). Nonlinear adjustment to purchasing power parity for Germany's real exchange rate relative to its major trading partners. Applied Economics Letters 19(2).Chang, T., H-L. Chang, K. Hung & C-W. Su (2012). Nonlinear Adjustment to ...
I can’t resist pointing out that his assertion about levels of purchasing power being “more of less the same” in West Germany and East Germany is utter nonsense. Here’s the data froma column I wrote last year. Simply stated, both parts of Germany started out from a very low level ...
FRANKFURT - One in six people in Germany are struggling to put enough food on their table at a time when high inflation is eroding their purchasing power, a survey published on Monday showed. Of the 2,059 respondents involved in a survey conducted by YouGov, a British market research instit...
Per capita is always presented in the form of current prices with current purchasing power parity (PPP) in US dollars, sourced from OECD Statistics and last updated on December 6th, 2022 [22]. Unfortunately, the available data for the LTC financing indicators only include the health portion of...
In the latest reports, Germany GDP contracted 0.520 % YoY in Mar 2023. Germany Nominal GDP reached 1,072.807 USD bn in Mar 2023. Its GDP deflator (implicit price deflator) increased 6.216 % in Mar 2023. Gross Savings Rate of Germany was measured at 29.596 % in Mar 2023.View...