Economy
16:23 12/01/2011
German economy recorded unprecedented economic growth
The German economy saw a strong recovery in 2010, as its gross domestic product (GDP) soared 3.6 percent, the largest annual growth rate since the country's reunification in 1990, preliminary official data showed Wednesday.
"What was striking in 2010 was the fact that economic growth was not only based on foreign trade, but also on domestic demand," the Wiesbaden-based Federal Statistical Office said in a report.
At current prices, Germany's GDP in 2010 grew to 2.498 trillion euros (3.247 trillion U.S. dollars), and its gross national income reached 2.527 trillion euros (3.277 trillion U.S. dollars), the office said.
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