Similarities Between Germany And United States

The United States and Germany have many similarities and differences. The United States has a higher population than Germany, but for some things they are very close to each other. Both germany and the United States have a very good GDP and it is rising every year. Neither countries are on their way to a recession. The most important thing for all countries is to stay away from a recession. The aspects that play into determining GDP is things like unemployment rate, imports and exports, and consumer spending.

Population The population of the United States between 2011 and 2015 averaged 315,418,838 people. Correspondingly Germany’s population is substantially smaller with an average 60,870,378 people between 2011 and 2015. There is a large difference in the population density between the two countries. Americas large population over Germany will show more production in manufacturing companies though, 17% of the cars manufactured come from Germany and 5.5% of America’s total import comes from Germany. Germany’s production is very good though they do import 8.6% of their products are from the United States. The largest exporter into Germany is

The United States is ranked 11th in GDP, which is very healthy considering that is has been growing and we should expect it to continue growing. America’s most recent GDP per capita statistic shows that we are at $54.6k . Germany’s GDP is healthy considering its population density. Germany ranks number 16 in the world for GDP Per capita at with 46.4k per capita (OEC.edu). The United States GDP increased by the thousands showing a large increase in the flow of employment throughout the country. Meanwhile Germany’s GDP has increased aswell but not at the same rate with major drops in the past 50 years. The statement is surprising due to fact that their unemployment rate is lower than that of the united