4 ms·
GDP per capita in Germany is $48k and in the US $63k. Growth is 1.2% and 2.29% respectively: https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=DE-U
by curo 6y ago
GDP per capita in Germany is $48k and in the US $63k. Growth is 1.2% and 2.29% respectively:
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=DE-US https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location...
- hocuspocus 6y agoAnd how much public and private debt creation was needed behind these growth numbers?
- curo 6y agoGood question. Private-debt-to-GDP ratio: - Germany (154) - Scandinavia (269-280) - Western Europe (224-266) - US (220) https://tradingeconomics.com/country-list/private-debt-to-gdp https://tradingeconomics.com/country-list/private-debt-to-gd... Gov-debt-to-GDP ratio: - Germany (58) - Scandinavia (~40) - Western Europe (~100) - US (108) https://tradingeconomics.com/country-list/government-debt-to-gdp https://tradingeconomics.com/country-list/government-debt-to...
- ThePhysicist 6y agoGermany is above 80 percent now due to Covid-19. Still better than other countries though, but not great.
- pas 6y agoWhy is it not great?