In charts: German economy once had a European envy. It is not
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While the United States and the European Union improved the economic downturn and resumed their economic engines, and the Germany remains repeated.
Its economy is reduced by 2024, after changing prices. This year’s prediction doesn’t look better.
And other steps look very bad. They show the economy immediately behind, a dramatic decline that appeared as one of the biggest problems in Parliamentated Sunday.
Source: Eurostat
Note: The horizontal axis shows a percentage differences between Germany and the number of 27 countries in the European Union in the most recent data. The Axis Vertical shows how that metric has changed in Germany over 12 months of data. Both ax are arranged on a logarithmic scale.
The situation is not a short national disaster. A long world is proud of its behavior and its production may now look at world racetroals.
“The economician in Germany is in Tathers,” Stefan Pallesch, Kitchen Supply Store in a shop from the wine region said this month at political meetings in the city of Stremberg. You continue to build several industries in trouble, including construction, traditional default and electric vehicles.
Business leaders and many concern voters use the same name when explaining the wrong: competition. They feel that they are a football star that could find a net, or a stranger that could accompany the lead group. They also feel like it happened almost all night.
“I will definitely believe that we can compete,” said Christian Klein, CEO manager of the Greatest German Software, “but some foundations should change.”
The lower charts just show what it looks like when the economy is just a quick loss. They discuss the issue with industrial challenges and workshops, with only a few temporary opportunity for the promised German politicians as they see that they were illuminated.
He “Stuck to Shuffle”
In a large picture, it is impossible to miss German wars. Start growing, which helped to make Germany the world’s third largest economy but crack 2 percent a year once as well as since 2017. After changing prices, the German economy is not greater today. State forecasters predict 0.3 percent growth rate this year.
Germany’s Economic growth He is standing.
Higher than EU Under the EU
Note: Indicates the global economic growth of the year, prepared inflation.
“Germany attached to the crop,” Economic Minister Robert Hheck, said late last month.
Always because German leaders make a great bet on paying world. Or on the main entrance of the consumers at home, German companies depend on foreign sales markets. More than five-five German economic economic is traded, compared to a part of the American economic part. The threat of international trade, promoted by tax rates from Trump management, sours over all.
The market ever looked so promising, China, looks full. The Germanitarian charges to China began in 2022 and has been declining, although China grows. That is released by the growth fuel. German companies have never found other markets to replace their sales.
Germany Shipping more in China Compared to other EU Encorceimes, but the exports are decreasing.
GDP’s higher share from the Summary to China
Note: Shows Exporting China as part of GDP
High Cost, Low Need
German economic ownership is wrapped in its factories: cars, chemicals, camps, and even espresso makers. That makes the problems of the industrial problems more painful.
Generation It is still a economic backbone, but it is less.
GDP higher share from production than EU
Note: Displays a GDP assignment provided by the building sector.
Manufacturing falls as German economic driver. While German factories were jealous of Europe, they are not the ones. It is not even more – on average, according to the output.
After seven prices higher prices than the highest pricing higher than its European skills, Germany was reduced its production rows last year between the complete European Union.
German factories have a non-doseAnd now they are falling after Europe.
A small amount of smaller than the EU A non-dose of nothing than the EU
Note: Showing the use of industrial power.
Factory owners, administrators and employees all who charge the same cause in the slide: increased energy costs. It takes a lot of energy to carry a factory, and the Germans pay much on that of their neighbors. German politicians threw the country before the epidemic has closed its nuclear plants and grows through natural gas from Russia. When Russia attacks Ukraine, the dried gas flow and energy cost increased.
Germany’s Cost of energy Stay high, although simple.
Cheaper than the EU More expensive than the EU
Note: Displays the KiloWatt hour price for consumers using between 70,000 MWH and 149,999 mWh, without taxes.
The country quickly invested in renewable sources and solar system, but the high cost of the country, but the high cost of the world is constantly responsible for competitors, Asia and America, where electricity is located.
The oppressive oppressive workers
As well as the High cost of the power, economic leaders and business leaders complain that the characteristics of German government lake are risking. German workers are more expensive than their lolies across Europe, especially because the hourly salaries are higher than in peers.
Germany’s Labor Cost They are high, and they are just ascended.
Higher than EU
Note: Displays the cost of using employee, including the compensation of the labor, taxes, and subsidies.
And we are perfect, the population works slowly.
The Germans work slowly on Sunday There are those in the EU, and their hours are known.
Working hours lower than EU
Note: Displays the number of hours used on Sunday by full-time employees.
The country also found shifts of staff preferences, which is often influenced by government policies.
In 1991, shortly after the Berlin Wall falls, nearly 14 percent of Germans work temporarily. That amount has more than doubles, about 30 percent.
Even full-time employees enter a few hours. And Germany has seen surgery at the number of days employees who call it sick, on average 2023, in terms of German economic institution.
Politics across politics agreed to the world. A German Basth of German War arrived after the United States, and he began to see the service retirement wave on that generation.
Germany has retired over each activity than EU
Older than EU
Note: Displays the number of 65 years or older as percent of the population of 15 to 64.
Saved politicians in Chancellor race promised to prevent payment from the public welfare for people who can work, but choose. Economists state the country’s policies, and its social policies, which discourages women in particular to work as many.
Human Problem may look very nomine if not for millions of refugees and other migrants in Germany have entered into countries such as Syria, Afghanistan and Ukraine over the past ten years. Economists say that they help fill the holes left retirement and transformation of temporary work.
Last year, researchers in the economic cooperation and development reported that Germany had a 70 percent of the immigrants in 2022. That was higher than many other European countries.
However, migration, is also a German society and appeared as a high pollution problem. Especially in parts of the country where the factory production has fallen, the voters welcomed the politicians who promised to prevent new refugees and withdraw those already there.
For some voters, the complaint is arrested on their Economic Economic Experience: Country, they say, the watches seem to be Germany growing, and they want to create the old back.
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