economic output
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economic output
The total value of all goods and services produced in an economy within a certain period of time. It is a measure of a country's economic performance and is often expressed by gross domestic product (GDP).
Die Wirtschaftsleistung des Landes ist im letzten Quartal leicht gesunken.
The country's economic output fell slightly in the last quarter.
This noun is made up of 'Wirtschaft' (economy) and 'Leistung' (performance/output). So it describes the 'Leistung' (performance/output) or result of a country's 'Wirtschaft' (economy).
Die Regierung hofft auf eine Steigerung der Wirtschaftsleistung.
The government is hoping for an increase in economic output.
Economic output can 'steigen' (rise), 'sinken' (fall), 'wachsen' (grow), or 'stagnieren' (stagnate). You can also 'messen' (measure) or 'steigern' (increase) it. Adjectives that are often used are 'hoch' (high), 'niedrig' (low), or 'schwach' (weak).
Die schwache Wirtschaftsleistung führte zu steigender Arbeitslosigkeit.
The weak economic output led to rising unemployment.
'Wirtschaftsleistung' (economic output) is a central term from the technical language of economics and is often used in the news. It is usually measured by gross domestic product (GDP).
In den Nachrichten wurde über die aktuelle Wirtschaftsleistung Deutschlands berichtet.
The news reported on Germany's current economic output.
gross domestic product
Bruttoinlandsprodukt and Wirtschaftsleistung both refer to the total value of a country's production over a period of time. Bruttoinlandsprodukt is the specific statistical measure, while Wirtschaftsleistung refers more generally to the economic situation and is often expressed using the BIP (GDP). Use BIP for figures and Wirtschaftsleistung for the more general description.
Die Wirtschaftsleistung des Landes hat sich trotz der Krise leicht verbessert.
The country's economic output improved slightly despite the crisis.
Das Bruttoinlandsprodukt des Landes ist im vergangenen Jahr um zwei Prozent gestiegen.
The country's gross domestic product rose by two percent last year.
