German word

Wirtschaftswachstum

Pronunciation

IPA/ˈvɪʁtʃaftsˌvakstuːm/

Meaning

  • neuter nouneconomic growth

Example

Das Wirtschaftswachstum hängt von Konsum und Investitionen ab.

Economic growth depends on consumption and investment.

Illustration for Wirtschaftswachstum (economic growth)

More examples

Analysten erwarten ein langsameres Wirtschaftswachstum im nächsten Jahr.

Analysts expect slower economic growth next year.

Core concept

A rising national output curve driven by more goods and services over successive years.

Common phrases

  • globales Wirtschaftswachstum

    global economic growth

  • Wirtschaftswachstum ankurbeln

    stimulate economic growth

  • reales Wirtschaftswachstum

    real economic growth

Similar words

Bruttoinlandsprodukt: The total market value of goods and services produced within a country over a set period.
Wachstumsrate: The percentage increase in economic output over a stated period.
Konjunktur: The overall state and strength of economic activity, including periods of expansion and decline.
Inflation: A sustained rise in prices that reduces the value of money.

Definition in German

Vergrößerung der wirtschaftlichen Gesamtkraft einer Volkswirtschaft über Zeit, meist messbar als Zuwachs des realen Bruttoinlandsprodukts.

Word origin

Wirtschaftswachstum is a compound of Wirtschaft, meaning economy, and Wachstum, meaning growth.

Usage tips

  • In economic reporting, Wirtschaftswachstum often appears with real or nominal, which distinguish inflation-adjusted output from output at current prices.

Other meanings

  • economic expansionnoun

Opposites

  • Rezessionrecessionnoun
  • Wirtschaftsrückgangeconomic declinenoun

Related words

  • Wachstumsrategrowth ratenoun
  • Wachstumsprognosegrowth forecastnoun
  • wirtschaftlicheconomicadjective

Word lists with this word