Compare And Contrast Germany And The United States

The countries that were compared in this report were: Germany, France, Portugal, the United States and the United Kingdom. These countries were selected for several reasons. First, Germany and Portugal both experienced turmoil in the time period that the data is from, then for comparison purposes, France and the United Kingdom were selected as more stable comparisons, along with the United States. Second, these countries are relatively similar and can be used as comparison countries for the United States, to see how the United States fared economically, compared to countries similar to itself.

The first country analyzed was Germany. The mean GDP for Germany was $19,189.7, and the median GDP was $19,972.5. There was no mode. The range for the GDP was $14,311.1, and the interquartile range for the GDP was $7,318.67. The standard deviation for the GDP of Germany was $4260.87. The mean GDP growth for Germany was 1.9237%, and the median GDP growth was 1.8427%. There was no mode. The range for the GDP growth was 10.2865%, and the

The GDP graph generally slowly increased overtime, with all the countries (the two major dips in the data, are not real data points, there was just no data for that particular year). The United States, achieving a larger GDP, and maintaining that overtime. Most countries also experience a dip or decrease around 2008, which makes sense and reflects the 2008 recession. There was not significant variation over time, for the most countries followed, the same general incline. The GDP growth graph is much more chaotic, which is to be expected. It varies drastically year to year and country to country. Portugal experiences the biggest range, with the largest increases and largest decreases, which makes sense because their economy lags behind other northern European countries. Again, the graph reflects historical trends, showing a huge drop for all the countries during the 2008