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by bdod6 2644 days ago
A lot of that speculative growth comes from Turkey's comparatively younger population (hence more productive hours worked each day), and their continued population growth. Germany's demographics are sliding the other way, with an aging and stagnating population.
1 comments

Everything you said applies today to the demographic pyramids of the respective 2 countries, with only an 11 years delta. And yet Germany has 5x the GDP.

https://www.populationpyramid.net/turkey/2019/

https://www.populationpyramid.net/turkey/2030/

https://www.populationpyramid.net/germany/2019/

https://www.populationpyramid.net/germany/2030/

Germany had 10x the GDP of Turkey twenty years ago. That just proves that Turkey has caught up a lot. Demographics take a long time to have an effect on GDP, they're just forecasting that the tipping point is 2030.