[Wirtschaft] Industrielle Produktion der EU in Zahlen - Entwicklung seit 2005 und 2020
There is currently a lot of talk of de-industrialization and recession. Here the industrial production of the most important countries in the euro zone should be compared.
[1] [2] [3] [4] [5] [6]Industrial production standardized at 2020 because of the corona pandemic and the subsequent sanction related price shock show that Germany has lost industrial production in contrast to the other countries. An explanation of why only Germany has lost industrial production can be found in the orientation of the German economy. Germany recently had an above-average export rate of 37.57% (2019) and an export surplus of 6.34% (2019). This means that Germany was and is above average dependent on the export and consequently the economic development of other countries.
[1] [2] [3] [4] [5] [6]In contrast to the other countries industrial production standardized at 2005 due to the Agenda 2010 has massively won industrial production. One explanation for this is the low-wage politk in Germany as a result of and since the 2010 Agenda. Germany became above-average dependent on export. However this happened at the expense of the other countries in the euro zone. Germany has had an increase in industrial production of up to 35% since 2005 (2017). The other countries of the euro zone have lost industrial product in the same period up to 24% (Portugal 2012).
[Economics] A New Agenda 2010 - What the Old One Has Caused[Economics] A New Agenda 2010 - What a New One could Cause 2025-02-08
Src:
[1] Germany Industrial Production
https://de.tradingeconomics.com/germany/industrial-production
[2] France Industrial Production
https://tradingeconomics.com/france/industrial-production
[3] Italy Industrial Production
https://tradingeconomics.com/italy/industrial-production
[4] Spain Industrial Production
https://tradingeconomics.com/spain/industrial-production
[5] Greece Industrial Production
https://tradingeconomics.com/greece/industrial-production
[6] Portugal Industrial Production
https://tradingeconomics.com/portugal/industrial-production
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