Aggregate Demand

Balance of Trade

Consumer Spending

Government Spending

Business Confidence

You can tell a lot about Germany's economy from the following graphs. For instance, looking at Government Spending and Business Confidence first you can see that Germany's government has stepped in with spending when in periods of lows. Taking these graphs to represent Germany's economy you could say that Germanys economy has been a bit shaky and in the big picture having very slow growth. In relation to Aggregate Demand, I also see strong similarities to Real GDP as seen in my last post. Given that the following information comprises aggregate demand and similarly GDP, I think it is understandable to see similarities between the two.

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WTO

Germany has been a WTO member since January 1st, 1995. It has also formally been a member of GATT since October 1st, 1951. Germany’s membership is under the European Union. WTO has allowed Germany free trade with other countries on a fair, predictable, and evenly negotiated level. The EU has been a big component in pushing for trade from small developing countries and countries outside the organization. Germany ranked number 3 in exports according to The Atlas of Economic Complexity, It is understandable that Germany would want all the benefits of free trade. In 2017, 46.5 percent of German merchandise exports and 51.6 percent of imported goods were intermediate products according to the World Trade Organisation (WTO). Attached to this is trade among similar products which gives German consumers the benefit of a variety (BDI). Germany a large exporter of motor vehicles could trade motor vehicles with the US and vice versa leaving Germans with options between us and German Motor Ve...

Brooks’s Germany Blog

Note: in USD Germany has the strongest economy in Europe and based on the following data I believe that Germany is just now coming off its peak and is likely going to head into a recession. This is seen with the climbing inflation rate combined with the decreasing account balance. Keeping in mind the recent events of the corona virus that has hurt many economies I wouldn't be surprised to see Germany enter a recession.

Economics

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