Both the US and Germany celebrate Christmas day on December 25th but Christmas day is the day where folks in the US open Christmas presents whereas Christmas Eve is the day when gifts are exchanged and opened in Germany. Germany also …show more content…
Per Trading Economics, the GDP YoY for the US is 1.60% versus Germany which is 1.50%. Another measurement that highlights the difference is the debt-to-GDP ratio. This measurement is the ratio between a countries debt versus GDP (gross domestic product) which measures whether a country that can produce and sell can cover their debts without getting into more debt. These numbers for the US is 104.17%, while Germany is at 71.20%. These numbers can vary slightly based on your source of data but in general, the difference between the two countries is significant. While the YoY ratio is very similar, it is obvious that the debt that the US carries is significantly higher than Germany.