Germany gdp per capita history book

Gdp per capita ppp based is gross domestic product converted to international dollars using purchasing power parity rates and divided. Purchasing power parity converted gdp per capita relative to the united states, average gekscpdw, at current prices for germany u. Redirected from list of german states by gdp this article is about the gross regional product grp of german states in main fiscal years. All euros will eventually end up in germany and other euro nations will be left high and dry like greece, spain, italy and so on. From 1850 to 2015 while population trebled, real gdp per head in spain.

I include only france, germany, italy, the uk, the ussr, the usa, china, and japan. Dollars, annual, not seasonally adjusted 1970 to 2018 dec 20 share of labour compensation in gdp at current national prices for germany. Covid19 has left a deep mark on the german economy in the first quarter of the year, pushing the economy into a technical recession, and worse is still to come. Though germany gdp per capita fluctuated substantially in recent years, it tended to increase through 1999 2018 period ending at 47,662 us dollars in 2018. These are lists of regions and countries by their estimated real gross domestic product gdp in terms of purchasing power parity ppp, the value of all final goods and services produced within a. Per capita income in world history iowa state university. Gdp per capita in germany real gdp per capita in germany. Map showing gdp in 1990 created by reddit user trinitronbxb. The highest gdppc is in central slovenia, where the capital city ljubljana is located, which. Germany, 408, 410, 688, 791, 910, 1,077, 1,839, 3,648, 3,881, 11,966. List of regions by past gdp ppp per capita wikipedia. German gdp growth performance in the ten years before the great recession, from 1999 to 2008, germanyas gdp grew 1. The gross domestic product per capita in germany was last recorded at 45959.

The nation covers an extensive area of 357,104 square kilometers making it one of the largest european countries. This stands in a certain contrast to maddisons estimates of gdp growth, which. And heres the same chart, in terms of gdp per capita eg adjusted for population. Germany gdp per capita euros gdp contracts at quickest rate in over a decade in q1. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. The cias mission includes collecting and analyzing information about high priority national security issues such as international terrorism, the proliferation of weapons of mass destruction, cyber attacks, international organized crime and narcotics trafficking, regional conflicts.

A second group of countries for which gdp per head declined, from peak. Aug 01, 2017 hamburg is the richest german state by gdp per capita whereas north rhinewestphalia is the richest state by total gdp. The contribution of occupied europe to the german wartime. The chancellor said recently that he expected that by 2030 the uk would be a bigger economy than germany. Wikizero list of regions by past gdp ppp per capita. It has a strong economy and a trade surplus in trade with other euro nations. The best books on gdp five books expert recommendations. List of regions by past gdp ppp per capita wikimili, the. So, if you just looked at gdp per capita, then japan and britain were more or. The title comes from the movie of the same name, where some people escape from a german prisoner of. Germany, gdp, per capita economic data series fred st. These are lists of regions and countries by their estimated real gross domestic product gdp in terms of purchasing power parity ppp, the value of all final goods and services produced within a countryregion in a given year. Gdp per capita in current prices of germany 2024 statista.

Gross domestic product gdp is the standard measure of the value added created through the production of goods and services in a country during a certain period. These are lists of regions and countries by their estimated real gross domestic product gdp. All africa antarctica australia oceania central america central asia east asiasoutheast asia europe middle east north america oceans south america south asia. Oecds dissemination platform for all published content books. These are lists of regions and countries by their estimated real gross domestic product gdp per capita in terms of purchasing power parity ppp, the value of all final goods and services produced within a countryregion in a given year divided by population size. Looking at the data from madison project, czechoslovakia doesnt have any data for 1938 likely caused by the munich conference, but in 1937 the gdp per capita was at 2882, growing but still not fully recovered from the great depression the peak of czechoslovak economy was at usd 3042 in 1929. The indicator is calculated as the ratio of real gdp to the average population of a specific year. Nov 09, 2019 in his book planning ahead and falling behind, author jaap sleifer points out that east germany was richer than west germany prior to world war ii. Germany the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. Germany, gdp, per capita economic data series fred. Germany ranked among the top 20 countries worldwide with the. The gdp per capita in germany is equivalent to 376. Utrecht university and international institute for social history. Feb, 2019 germany has one of the largest gross domestic products gdp worldwide, only surpassed by the united states, china, and japan.

In 2019, gdp per capita based on ppp for germany was 53,567 international dollars. French guiana french polynesia gabon gambia georgia germany. The most comprehensive source for historical gdp per capita data is the angus maddison database. As the graph below shows, over the past 47 years this indicator reached a maximum value of 5. The growth rate of gdp per capita is given by this change as a percentage of the 2012 figure. Hci and gdp per capita ppp log scale, horizontal axis. After the fall of the roman empire, the west entered a recession that lasted about a millennium. Purchasing power parity means how much money would be needed to buy the same item in two different countries. For estimations of total gdp in history, see list of regions by past gdp ppp. I extract from this maddison database 19301950 gdp per capita data for the major combatants. The economy is expected to contract at a much steeper pace in the second quarter after. The gross domestic product gdp of an economy is a measure of total. Germany is a federal republic situated in central europe. January 11, 1999 angus maddison university of groningen, the netherlands roman villa in the first century ad.

The following estimates of per capita income of the world was made by angus maddison emeritus professor, university of groningen, 1999 in his article poor until 1820. This page lists the countries of the world sorted by their gross domestic product per capita at nominal values. Brian nolan has edited two books on the question which were published just recently. As such, it also measures the income earned from that production, or the total amount spent on final goods and services less imports. By comparison, per capita incomes in the czech republic increased by only threequarters, in hungary by barely half, while the eurozones performance improved by less than 40%. The gdp per capita, in germany, when adjusted by purchasing power parity is equivalent to 259 percent of the worlds average. The gross domestic product gdp per capita is the national output, divided by the population, expressed in u. The great depression of the 1930s chapter 4 a history of big.

Looking at the data from madison project, czechoslovakia doesnt have any data for 1938 likely caused by the munich conference, but in 1937 the gdp per capita was at 2882, growing but still not fully recovered from the great depression the peak of czechoslovak economy was at usd 3042 in 1929 it would be interesting to see the regional differences, as there was a drastic difference in. Gdp nominal per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. Gdp would have been on par with france and less than say united kingdom with ww2 unexpected by people that saw the independence for many countrys with germany being the main homestead for europeans aspects on the future that play on events on 194. The chapter discusses the strong and weak spots in our current knowledge on historical gdp series and points to. Germany has one of the largest gross domestic products gdp worldwide, only surpassed by the united states, china, and japan. The literature has put forwardnumerous factors of gdp per capita growth and convergence. Europe germany the world factbook central intelligence.

All the countries listed have experienced significant growth in gdp ppp per capita since 1890, most by a factor of 10 or more. In 2018, gdp per capita for germany was 47,662 us dollars. This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current u. From the longterm perspective of social history, we know that economic.

On almost every indicator, germanys south is the economist. In his 1995 book economics and world history, economic historian paul. The united states and its partners continue to face a growing number of global threats and challenges. List of countries by gdp nominal per capita wikipedia. In other words, low gdp per capita countries do not necessarily catch up with high gdp per capita ones, and the gap may even increase over long period of time. Gross domestic product gdp is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually. This is a list of countries of the world sorted by their gross domestic product gdp per capita. Part of the palgrave studies in economic history book series pehs. In his 1995 book economics and world history, economic historian paul bairoch gave the following estimates in terms of 1960 us dollars, for gnp per capita from 1750 to 1990, comparing what are today the third world asia, africa, latin america and the first world western europe, northern america, japan, singapore and south korea. World economics makes available of worlds most comprehensive gdp database covering over countries with historical gdp ppp data from 18702018, building on the lifetimes work of angus maddison. Germany since the end of the great recession germanys industry. This article is about the gross regional product grp of german states in main fiscal years. The shortest history of germany, a new, mustread book by the.

The gross domestic product gdp in germany was worth 4040 billion us dollars in 2019, according to official data from the world bank and projections from trading economics. The map above, which shows gdp per capita for european countries in 1990 just as the iron curtain was falling, reveals a general increase as one travels from east to west and from south to north. List of regions by past gdp ppp per capita wikimili. Average gdp per capita, by economic freedom category. Germany gdp per capita growth gdp per capita growth annual % the value for gdp per capita growth annual % in germany was 1. If so, that would be the first time since the 1950s, as this chart above shows. For estimations of percapita gdp in history, see list of regions by past gdp ppp per capita. Gross domestic product gdp, us dollarscapita, 2018. The new plan aimed at achieving west germany s per capita production by the end of 1961, set higher production quotas, and called for an 85% increase in labor productivity. France would lose 15% of per capita income if it didnt have paris, where its biggest companies, like total, renault, and peugeot have their headquarters. List of countries by gdp ppp per capita simple english.

List of regions by past gdp ppp wikipedia republished. Making sense of conflicting views on preindustrial europe, explorations in economic history, 45, 14763. In his book planning ahead and falling behind, author jaap sleifer points out that east germany was richer than west germany prior to world war ii. For nearly 150 years, gdp per person in the us economy has grown at a remarkably steady average rate of around 2% per year. Most figures are from the federal statistical office of germany. European countries by gdp per capita in 1938 xpost. Gdp and spending gross domestic product gdp oecd data. Berlin is the only capital city in europe that is a drag. After the industrial revolution, due to mass production, per capita income began to grow. This city, which is located in the bavaria region of the country, has a population size of nearly 52,000. The gross domestic product per capita in germany was last recorded at 47501. Germany since the end of the great recession germany s industry. Gross domestic product in million gross domestic product per capita in gross domestic product per employee in 1 berlin berlin. Purchasing power parity means how much money would be needed to.

Gdp per capita based on ppp of germany increased from 29,861 international dollars in 2000 to 53,567 international dollars in 2019 growing at an average annual rate of 3. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor. East germany gdp per capita was 103 percent of west germany. British economic growth, 12701870 by stephen broadberry.

European gdp per capita in 1990 compared to 2016 brilliant maps. Gdp per capita dollar international dollar estimates here are derived from ppp estimates. Germanys gross domestic product per capita is expected to grow again. Owing to germanyas dependence on capital goods exports, the germany economy plummeted 5. Emigration again increased, totaling 143,000 in 1959 and 199,000 in 1960. Germany gdp per capita 19702018 data historical chart. Gdp per capita in advanced countries over the 20th century. A history of big recessions in the long twentieth century by andres. The economy of slovenia is developed and the country enjoys a high level of prosperity and stability as well as above average gdp per capita by purchasing power parity at 83% of the eu28 average in 2015. Gdp is the worth of all goods and services made in a country in a year. Gross domestic product per capita for germany current u. Below you will find the last recordings for the indicator. Why are people in the united states, germany, and japan so much richer today than 100 or.

Hamburg is one of the richest german states by gdp. The gdp per capita in germany is equivalent to 376 percent of the worlds average. Its economy relies on metals manufacturing and some of its most widely produced products are bicycles and ball bearings. Please use the search box above to select a different country or region. Data learn how the world bank group is helping countries with covid19 coronavirus. Brazil and chile from league of nations statistical year book 19341935. S dollars per person, for the latest year for which data is published.