Recession of 2009/Tutorials: Difference between revisions

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==International comparisons==
==International comparisons==
===GDP growth rates===
:(per cent change on previous quarter)
:::::::{|class = "wikitable"
|align="center"|
|align="center"| 2007 IV
|align="center"| 2008 I
|align="center"| 2008 II
|align="center"| 2008 III
|align="center"| 2008 IV
|-
|align="center"| United States
|align="center"| 0.0
|align="center"| 0.2
|align="center"| 0.7
|align="center"| -0.1
|align="center"| -1.0
|-
|align="center"| United Kingdom
|align="center"| 0.6
|align="center"| 0.4
|align="center"| 0.0
|align="center"|-0.6
|align="center"|-1.5
|-
|align="center"|Japan
|align="center"| 0.5
|align="center"| 0.6
|align="center"| -1.0
|align="center"| -0.5
|align="center"|
|-
|align="center"|Germany
|align="center"| 0.3
|align="center"| 1.4
|align="center"| -0.4
|align="center"| -0.5
|align="center"|
|-
|align="center"|France
|align="center"| 0.4
|align="center"| 0.4
|align="center"| -0.3
|align="center"| 0.1
|align="center"|
|}
===Unemployment rates===
:(ILO definition, seasonally adjusted)
:::::::{|class = "wikitable"
|align="center"|
|align="center"| 2007 IV
|align="center"| 2008 I
|align="center"| 2008 II
|align="center"| 2008 III
|align="center"| 2008 IV
|-
|align="center"| United States
|align="center"| 4.8
|align="center"| 4.9
|align="center"| 5.4
|align="center"| 6.0
|align="center"| 6.9
|-
|align="center"| United Kingdom
|align="center"| 5.1
|align="center"| 5.1
|align="center"| 5.4
|align="center"| 5.8
|align="center"|
|-
|align="center"|Japan
|align="center"| 3.8
|align="center"| 3.9
|align="center"| 4.0
|align="center"| 4.1
|align="center"| 4.0
|-
|align="center"|Germany
|align="center"| 8.0
|align="center"| 7.6
|align="center"| 7.4
|align="center"| 7.5
|align="center"| 7.9
|-
|align="center"|France
|align="center"| 7.8
|align="center"| 7.6
|align="center"| 7.7
|align="center"| 7.7
|align="center"| 8.0
|}
: (Source: OECD)
===Public Debt===
===Public Debt===
:( % of GDP - 2007 estimates)
:( % of GDP - 2007 estimates)

Revision as of 10:47, 8 March 2009

This article is developing and not approved.
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https://en.citizendium.org/wiki/index.php?title=Recession_of_2009/Tutorials&printable=yes
Tutorials relating to the topic of Recession of 2009.


United States

Growth rates

(Percentage change at an annual rate [1])
2007 2008 I 2008 II 2008 III 2008 IV 2009 I
GDP 2.3 0.9 2.8 -0.5 -6.2
Consumption 2.2 0.9 1.2 -3.8 -4.3
Business investment 6.4 2.4 2.5 -1.7 -21.0
Residential construction -19.0 -25.5 -13.3 -16.1 -22.2
(Source: US Department of the Treasury [1])

Unemployment rates

(per cent - not seasonally adjusted)
Jan Feb March April May June July Aug Sept Oct Nov Dec
2008 5.4 5.2 5.2 4.8 5.2 5.7 6.0 6.1 6.0 6.0 6.5 7.1
2009 8.5 8.9
(Source: US Department of Labor [2])

The United Kingdom economy

Growth rates

(Percentage change at an annual rate [1])


2007 2008 I 2008 II 2008 III 2008 IV 2009 I
GDP 3.0 1.6 0.0 -2.8 -6.0
Household expenditure 3.3 3.8 -1.0 -0.8 -2.8
Fixed capital investment 7.2 -11.0 -5.0 -13.8 -8.9


(Source UK National Statistics [3])

International comparisons

GDP growth rates

(per cent change on previous quarter)
2007 IV 2008 I 2008 II 2008 III 2008 IV
United States 0.0 0.2 0.7 -0.1 -1.0
United Kingdom 0.6 0.4 0.0 -0.6 -1.5
Japan 0.5 0.6 -1.0 -0.5
Germany 0.3 1.4 -0.4 -0.5
France 0.4 0.4 -0.3 0.1

Unemployment rates

(ILO definition, seasonally adjusted)
2007 IV 2008 I 2008 II 2008 III 2008 IV
United States 4.8 4.9 5.4 6.0 6.9
United Kingdom 5.1 5.1 5.4 5.8
Japan 3.8 3.9 4.0 4.1 4.0
Germany 8.0 7.6 7.4 7.5 7.9
France 7.8 7.6 7.7 7.7 8.0
(Source: OECD)


Public Debt

( % of GDP - 2007 estimates)
   Japan       Italy      Greece      France   United States Netherlands United Kingdom   Denmark     Ireland     China   Australia
170 104 89.5 63.9 60.8 45.5 43.6 26 24.9 18.4 15.6
(Source: CIA World Factbook [4])

Notes

  1. ↑ 1.0 1.1 calculated as eg {(Q2/Q1)^4 -1}*100
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