Germany to Pass Japan as Third-Largest Economy, Helped by Weak Yen
- Yen sliding to 160 per euro; near three-decade low to dollar
- IMF also sees Germany’s GDP remaining larger in dollar terms
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Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the yen against the dollar and the euro.
The International Monetary Fund’s latest projections estimate Germany’s nominal gross domestic product at $4.43 trillion this year, compared with $4.23 trillion for Japan. That would leave Germany lagging only the United States and China in terms of economic size.