As the world's second largest economic power, the total GDP of the mainland in the first 6 months of this year has reached 562642 billion yuan, and at the same time as the mainland's economic development in the euro area seems to have ushered in a cold winter, the continent's strongest economic strength in Germany, France, Spain, Italy and the United Kingdom on the west coast of the European continent These 5 countries, not only in the total GDP fashion is far inferior to China and the United States, even per capita GDP this year has also suffered a sharp decline.
Although in recent years, the size of the main economic power of the euro area has grown a lot compared with many years ago, but above the average economic growth rate, since the outbreak of the financial crisis in 2008, especially the economies of Italy and Spain, it is difficult to show rapid economic development momentum, and now Germany, the most economically developed in the entire European region, has a GDP growth rate of only 2.7% last year.
Gdp per capita of Europe's top 5 economic powers, up to 13%
First of all, let's look at last year's total GDP and has exceeded 5000 billion US dollars of Germany, to know that as early as 8 years ago, Germany's per capita GDP was as high as 48,000 US dollars, and now 8 years have passed, Germany's per capita GDP has just exceeded the mark of 50,000 US dollars, that is to say, in 8 years, Germany's per capita GDP has only increased by 1/20.
In addition, the United Kingdom on the west coast of the European continent, although the per capita GDP last year was as high as 47,300 US dollars, but we need to know that as early as 15 years ago, the per capita GDP of the United Kingdom exceeded the 50,000 US dollar mark, which is almost the same as the per capita GDP of Germany last year, and as the total BRITISH GDP exceeded the 3,000 billion US dollar mark last year, the per capita GDP fell by as much as 6.7%.
France's gdp last year was less than $3,000 billion, and it has also experienced different degrees of decline in per capita GDP income as the United Kingdom, and it is understood that in 2021, France's per capita GDP fell by 4.4% compared with before the outbreak of the financial crisis in 2008.
In addition, Italy, which is known as a pit teammate in European history, although the economic growth rate was as high as 6.6% last year, the total amount exceeded the 2.1 trillion US dollar mark, but in terms of per capita GDP, it fell by as much as 13% compared with 2008.
As one of europe's old colonial empires, Spain's total GDP last year was only 1.43 trillion US dollars, but in terms of per capita GDP, Spain has exceeded 30,000 US dollars, no surprise, Spain in 2021 per capita GDP compared to 2008 also fell to varying degrees, but compared to the other 4 major economic powers in Europe, the decline is still much smaller.
In the cold winter of the eurozone, the renminbi ushered in new opportunities
With the five major economies in Europe, the country's per capita GDP has fallen sharply, which also means that the winter of the eurozone is coming, so does it mean that the renminbi is about to usher in new opportunities?
We all know that with the official arrival of the cold winter of the euro area, the euro has also seen a sharp depreciation in the world currency market, at present, in the international currency market, the exchange ratio of the dollar to the euro has approached 1:1, and with the substantial depreciation of the euro, I believe that the total GDP of the euro area will decline significantly this year, and in contrast, our total GDP last year has broken through the mark of 1,140,000 billion yuan, and the depreciation of the euro means that the value of the renminbi in disguise. Therefore, on top of the overall economic strength, China has formed an all-round crush on the 27 countries in the euro area.
The depreciation of the euro will also bring more and more bad consequences, the first of which will be a great blow to the confidence of people investing in the euro area, when this part of the hot money withdrawn from the euro area is bound to flow into those areas with higher economic development potential, and obviously the mainland will also benefit a lot.
In addition, with the large-scale depreciation of the euro, in the international monetary system, I believe that the proportion of the euro in the future will also be lower and lower, which is also good news for the internationalization of the renminbi, in fact, with the complexity of the situation in western Europe, coupled with the cold winter, the energy crisis in the euro area is coming, the euro may usher in a greater degree of decline, and then the opportunity for the renminbi and the dollar will really come.