The German economy shrank in 2023, unlike European counterparts

Annual GDP growth, %

Germany

France

Italy

UK

10%

5

0

-0.3%

-5

-10

-15

2016

2017

2018

2019

2020

2021

2022

2023

Germany

France

Italy

UK

10%

5

0

-0.3%

-5

-10

-15

2016

2017

2018

2019

2020

2021

2022

2023

Germany

France

Italy

UK

10%

5

0

-0.3%

-5

-10

-15

2016

2017

2018

2019

2020

2021

2022

2023

Annual GDP growth, %

Germany

France

Italy

UK

10%

5

0

-0.3%

-5

-10

-15

2016

2017

2018

2019

2020

2021

2022

2023