[DE] National domestic product of Germany shrank by 5% in 2009

This is an archived article - we have removed images and other assets but have left the text unchanged for your reference

According to the latest press release of the German government’s department of statistics (Statistisches Bundesamt, http://www.destatis.de), the German national domestic gross product (Bruttoinlandsprodukt, BIP) shrank by 5% in 2009. That was the largest downturn since the years after the second world war. The downturn was largely due to the recession in the winter semester 2008/2009, after which the pace of the economy picked up again. During the rest of the year 2009 the economy grew on a steady, but still low level.

The German national domestic gross product = Bruttoinlandsprodukt until 2009

Read More

Subscribe to our email community

Created with Sketch.
Receive the latest news
Created with Sketch.
Be the first to hear about our research
Created with Sketch.
Get VIP access to our events
DOWNLOAD OUR NEW REPORT

Warehousing 2025

The InternetRetailing Warehousing 2025 report explores this critical stage of the direct-to-consumer journey