Where is Germany ranked in GDP?
fourth-largest
Germany. The German economy is the fourth-largest in the world with a GDP of $4.0 trillion. Germany has a GDP (PPP) of $4.44 trillion and a per capita GDP of $46,560, the 18th –highest in the world.
Is Germany’s GDP high?
GDP in Germany averaged 2052.31 USD Billion from 1970 until 2020, reaching an all time high of 3975.35 USD Billion in 2018 and a record low of 215.84 USD Billion in 1970.
Is Germany 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.
Is Hong Kong a rich country?
Hong Kong is among the top 10 richest countries in the world, is one of Asia’s financial hubs. According to Forbes, Hong Kong’s GDP per capita was about $46,200 and was ranked the number 3 in its list of Best Countries for Business in 2018.
Why Germany is so powerful?
German power rests primarily on the economy, healthcare, natural resources, education, and EU-NATO membership. However, it did not have a large military or land area that limited German power; these factors helped Germany become an important country today and a leader in most European countries.
What was the GDP of China in 2014?
GDP based on PPP valuation 2012 2013 2014 China 14,789.5 16,173.3 17,617.3 United States 16,163.2 16,768.1 17,418.9 India 6,252.7 6,783.7 7,375.9 Japan 4,543.2 4,685.3 4,750.8
Why does Germany use an alternative conversion factor for GDP?
For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Germany gdp for 2020 was $3,806.06B, a 1.43% decline from 2019.
What is the GDP of Germany 2019?
Germany gdp for 2019 was $3,861.12B, a 2.59% decline from 2018. Germany gdp for 2018 was $3,963.77B, a 7.63% increase from 2017. Germany gdp for 2017 was $3,682.60B, a 6.13% increase from 2016.