economic growth
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economic growth
The increase in the economic performance of a national economy over a certain period of time. It is usually measured as the percentage change in gross domestic product (GDP).
Die Regierung hofft, durch neue Gesetze das Wirtschaftswachstum anzukurbeln.
The government hopes to stimulate economic growth through new laws.
This word is made up of 'Wirtschaft' (economy) and 'Wachstum' (growth). The 's' in the middle is a linking sound that connects the two parts and makes pronunciation easier.
Ein stabiles Wirtschaftswachstum ist das Ziel jeder Regierung.
Stable economic growth is the goal of every government.
In connection with 'Wirtschaftswachstum' (economic growth), verbs are often used that describe a positive or negative influence. Positive ones are 'ankurbeln' (to stimulate) or 'fördern' (to promote), while negative ones are 'bremsen' (to slow down) or 'hemmen' (to hinder).
Die Zentralbank versucht, das Wirtschaftswachstum nicht zu stark zu bremsen.
The central bank is trying not to slow economic growth too much.
To describe the type of growth, adjectives such as 'stark' (strong), 'schwach' (weak), 'langsam' (slow), 'stabil' (stable), or 'nachhaltig' (sustainable) are often used.
Nach der Krise gab es nur ein schwaches Wirtschaftswachstum.
After the crisis, there was only weak economic growth.
upswing / upturn
Both words can describe positive economic development. Aufschwung mainly refers to an upward movement or recovery phase, while Wirtschaftswachstum means an increase in economic output over a specific period. Use Aufschwung for the phase of development and Wirtschaftswachstum for the measured increase.
Im vergangenen Jahr lag das Wirtschaftswachstum bei zwei Prozent.
Economic growth was two percent last year.
Nach der Krise spürten viele Unternehmen den beginnenden Aufschwung.
After the crisis, many companies felt the beginning of an upturn.
