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Germany's GDP per capita is notably lower compared to the USA: $85,373 vs $54,291. Additionally, the USA has experienced real growth, while Germany’s growth has
by 2j3oij 2y ago
Germany's GDP per capita is notably lower compared to the USA: $85,373 vs $54,291. Additionally, the USA has experienced real growth, while Germany’s growth has been around 0% for the last four years. Even Russia, despite facing significant challenges, has seen 3.5% growth compared to Germany's 0.1%. It’s concerning that Germany's economic performance lags behind a country under such heavy sanctions.
- jajko 2y agorussia has massive natural resources. No, to rephrase it - absolutely MASSIVE resources, even on stuff west desperately need for advanced tech like aerospace. Even if they have to sell it under the price, they can be ineffective with mining and still keep finding it all over their massive country. Plus they switched to war economy last year showing some long term dedication to fuhrer's plan to conquer as much of Europe as possible - remember what happened to US economy during WWII?
- supermatt 2y agoThe article compares it to others in the g7. In the g7, Germany has the 2nd highest GDP per capita. Its not really fair to just measure the last 4 years. Thats penalising germany for preserving their economy throughout covid. It has done no worse than the other (non-usa) g7 members since 2019, despite its energy crisis. Im not sure why you are comparing to germany to russia - a country with less than a quarter of Germanys GDP per capita. If thats the game, just look at how the USA compared to Niger - a low HDI nation.