Germany’s gross domestic product (GDP) rose by 2.7 percent in 2021 compared with the previous year but was down 2.0 percent from the pre-COVID-19 crisis year 2019, the Federal Statistical Office (Destatis) said on Friday.
“Despite the continuing pandemic situation, more delivery bottlenecks and material shortages, the German economy managed to recover from the sharp fall last year although the economic performance has not yet reached its pre-crisis level again,” said Georg Thiel, president of Destatis.
After a sharp fall in 2020 because of the pandemic, the economic output of almost all sectors increased in 2021, according to Destatis.
The gross value added of Germany’s manufacturing sector increased by 4.4 percent year-on-year.— Xinhua
