HomeWorldGerman GDP grows 1.9% in 2022 compared to 2021 and 0.7% compared...

German GDP grows 1.9% in 2022 compared to 2021 and 0.7% compared to 2019

The Gross Domestic Product (GDP) of Germany grew by 1.9% in 2022 compared to the previous year and 0.7% compared to 2019, the year before the pandemic crisis, the German federal agency announced this Friday. of statistics (Destatis).

“The world economic situation in Germany in 2022 was marked by the consequences of the war in Ukraine, such as extreme increases in energy prices,” said Ruth Brand, president of Destatis, at a press conference to present these data, which they are provisional.

Despite these and other difficult conditions, the German economy has generally held up well, he added.

Source: TSF

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