Germany to pass Japan as third-largest economy

Germany’s economy is projected to dislodge Japan’s as the world’s third-largest in 2023, helped by a slide in the yen against the dollar and the euro, Bloomberg said, Report informs.

The International Monetary Fund’s latest projections estimate Germany’s nominal gross domestic product at $4.43 trillion this year, compared with $4.23 trillion for Japan. That would leave Germany lagging only the United States and China in terms of economic size.

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