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).
example
Die Regierung hofft, durch neue Gesetze das Wirtschaftswachstum anzukurbeln.
The government hopes to stimulate economic growth through new laws.
Usage tips
Compound word
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.
EXAMPLE
Ein stabiles Wirtschaftswachstum ist das Ziel jeder Regierung.
Stable economic growth is the goal of every government.
Typical verbs
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).
EXAMPLE
Die Zentralbank versucht, das Wirtschaftswachstum nicht zu stark zu bremsen.
The central bank is trying not to slow economic growth too much.
Typical adjectives
To describe the type of growth, adjectives such as 'stark' (strong), 'schwach' (weak), 'langsam' (slow), 'stabil' (stable), or 'nachhaltig' (sustainable) are often used.
EXAMPLE
Nach der Krise gab es nur ein schwaches Wirtschaftswachstum.
After the crisis, there was only weak economic growth.
Compare with
near_synonym · confusable
Wirtschaftswachstum vs Aufschwung
upswing / upturn
'Aufschwung' and 'Wirtschaftswachstum' both have to do with better economic development. 'Wirtschaftswachstum' more specifically means that economic output is increasing, often measured as a percentage. The word sounds factual and fits well with numbers, reports, and statistics. 'Aufschwung' describes more the phase or mood in which the economy is doing better again. The words can be confused because an 'Aufschwung' is often connected with 'Wirtschaftswachstum'. But 'Wirtschaftswachstum' is the measurable increase, while 'Aufschwung' is the positive development as a phase.
Wirtschaftswachstum
Die Expertin erklärt, dass das Wirtschaftswachstum in diesem Jahr bei zwei Prozent liegt.
The expert explains that economic growth this year is at two percent.
Aufschwung
Viele Menschen merken den Aufschwung, weil wieder mehr Stellen angeboten werden.
Many people notice the upturn because more jobs are being offered again.