‼️The fall of German economic power in one chart:
The German economic activity share in the world has experienced a monumental decline
IMPORTANT ANNOUNCEMENT:
Our community has grown very rapidly and is approaching an unbelievable 3,000 subscribers. As a token of appreciation please find below the unlocked premium article about the November US job market report.
German GDP share in the global economy has hit near an all-time low of 4.3%. The share has declined from 8.4% over the last 3 decades.
In other words, the German economy's share in world economic activity has nearly halved since the 1990s as other economies' growth has significantly outpaced Germany.
Meanwhile, the world’s third-largest economy is going through a recession and has experienced the second consecutive annual decline in GDP.
More data about the German economy in the latest two market recaps:
If you find it informative and helpful you may consider a paid subscription (or annual if subscribed), become a Founding Member, and follow me on Twitter or Nostr:
Why subscribe?