The coronavirus pandemic plunged Europe's largest economy into a steeper fall than that seen during the 2008 global financial crisis, the German Federal Statistical Office said on Wednesday.
"The financial market and economic crisis of 2008/2009 started rather slowly and initially had no noticeable impact on the labour market," the Federal Statistical Office said on Wednesday.
The German economy registered an unprecedented slump in the second quarter of 2020, with initial estimates showing gross domestic product (GDP) shrank by 10.1 percent on the previous quarter.
During the 2008-09 global financial and economic crisis, which had its origins in the US housing market, German GDP fell 4.7 percent in the first quarter of 2009.
The economy recovered from the second half of 2009, but Germany did not regain pre-crisis GDP levels until the first quarter of 2011.
Similarly, economists forecast the German economy will begin to recover in the second half of 2020, but expect it will be a while before it returns to its former strength.
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