Julio Productions!

German Economy
By Jeremy Hyora (a real German) and
Diomedes Morel

Berlin, Germany

Cologne, Germany

Background Information
Population: 80.62 Million - World Rank:
16th
Population below poverty line: 15.5% World Rank: N/A
Unemployment Rate: 5.3% - World Rank:
52nd

Components of GDP for Germany

Nominal GDP= C + G + I + (X-M)
(C): Household Consumption: 57.6%
(G): Government spending: 19.4%
( I ): Investments: 17.6%
(X): Exports of goods and services: 49.5%
(M): Imports of goods and services: -44.1%

GDP Graph

Germany was in a trough

from 2000-2001.
Germany was in recovery
from 2001-2008
In 2008, Germanys economy
hit a peak.
A recession occurred from
2008-2009
2009-2010 was another
trough.
2010-2011 was a recovery
During mid 2011, Germanys
economy hit another peak.
Another recession occurred
until 2012 when it hit
another trough.
Since then, Germanys
economy has been in
recovery..

2007-2009 Great Recession in Germany

Germanys economy had been at a peak until
it began receding in 2008 which led to a
trough in 2009. Germany created a 50
billion rescue to protect the economy. Despite
this, nearly 200,000 jobs were lost. The
industrial output was down by 2.4% while
retail sales were down by 1.4%.

Germany & its Neighbors

Germany is a powerful economic country in Europe. It
trades with European countries like the UK,Belgium,
France, Switzerland, etc. In regards of these trades,
Germany is significantly better than its European
neighbors, economically speaking (not like US compared to
the rest of the world though). Switzerland is prosperous in
banking, for example, however, Germanys productions
(cars, machinery, equipments/metals, etc.) attract more
trade and business.which accounts for German success.

Germany & United States

Germany has many economic influences in Europe
but not directly in the US. US only contributes to a little
over 4% of Germanys imports but Germany exports
almost 8% of its exports to the US. Many German cars
are sold in the US (BMW, Mercedes Bens,
Volkswagen, etc.) but few American products are sold
in Germany

If the German Economy fell,

would the US be affected?
YES! Germany is not only a very powerful nation in
the Eurozone but also significantly involved with
worldwide exports/imports. That means that the
US would also be affected. Germany only
contributes a little above 4% of US imports
however Germany contributes more heavily on
other countries that contribute to US imports.

Before We Conclude...
German Fun Facts!
Although Germany has a negative fame for their past
(Nazi regime; East/West Germany), it has been the home
to famous musicians such as Beethoven, Bach, and
Wagner.
Also, over 100 Germans have won NOBEL Peace
Prizes, including Albert Einstein.
Lastly, we cant forget about Porsches!

The End... Thank you!