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Updated on August 22, 2020, 9:05 p.m.

Berlin is pulling Germany down economically – unlike the respective capitals in most other countries of the European Union.

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Without Berlin If the German gross domestic product (GDP) per capita were 0.2 percent higher, reported the portal t-online.de on Saturday with reference to a calculation by the Institute of German Economics (IW). For a Europe-wide comparison, the scientists evaluated the latest data from the European statistical office Eurostat for 2017.
Accordingly, many capitals play in the ME also play a prominent role economically and drive up economic output per capita. Of the countries studied, Greece is most dependent on its capital.

Without Athens, the country’s economy would shrink by almost 19 percent, according to IW. France would be almost 16 percent poorer without Paris, Denmark’s economy would be 14 percent weaker without Copenhagen.

Germany with many economically strong centers

The IW explains Berlin’s weak position with its history: Germany is federally organized and therefore has many economically strong centers. “This is actually an economic advantage for Germany,” says IW economist and data analyst Henry Goecke of the t-online portal.

Further reasons for Berlin’s comparatively low GDP per capita are the young average age and the unemployment rate above the national average.
According to the IW, the fact that at least two Berlin companies have been listed in the Dax since summer 2020 with the real estate group Deutsche Wohnen and recently with the food delivery service Delivery Hero will probably not have a noticeable impact on GDP per capita in the coming years.
© AFP

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Study: Germany would be better off economically without Berlin - Newsy Today

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Updated on August 22, 2020, 9:05 p.m. Berlin is pulling Germany down economically - unlike the respective capitals in most other countries of the European Union. You can find more panorama topics here Without Berlin If the German gross domestic product (GDP) per capita were 0.2 percent higher, reported the portal t-online.de on Saturday with reference to a calculation by the Institute of German Economics (IW).

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Kennedy aka capitalism

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Bundestag: seat of parliament

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biggest political party Berlin

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layout Berlin