Germany has one of the largest gross domestic products (GDP) worldwide, only surpassed by the United States, China, and Japan. Germany's gross domestic product per capita is expected to grow again after a slight slump in 2015 due to the Eurozone Crisis, and the country’s average unemployment rate has significantly decreased since its 2005 peak.
The estimated national debt of Germany amounted to roughly 65 percent of the country’s total gross domestic product in 2017, placing it seventh among industrial and emerging countries ranked by their debt to GDP ratios. Based on a ranking from 2017, Germany was one of 11 countries in the European Union with a positive budget balance and reported the highest surplus as well.
