Recession of 2009/Tutorials

Selected economic statistics

GDP at constant market prices
% change on previous period

	2006	2007	2008	Q1 07	Q2 07	Q3 07	Q4 04	Q1 08	Q2 08	Q3 08	Q4 08	Q1 09	Q2 09
United States	2.8	2.0	1.1	0.0	1.2	1.6	0.0	0.2	0.7	-0.1	-1.4	-1.6	-0.3
Japan	2.0	2.4	-0.6	1.0	-0.3	0.4	1.0	0.3	-1.2	-0.4	-3.2	-3.3	0.6
Canada	3.1	2.7	0.5	1.0	1.0	0.6	0.2	-0.2	0.1	0.2	0.8	-1.4
United Kingdom	2.8	3.0	0.7	0.8	0.8	0.6	0.9	0.3	0.0	-0.7	-1.6	-2.4	-0.8
Germany	3.0	2.5	1.3	0.4	0.4	0.6	0.3	1.5	-0.5	-0.5	-2.1	-3.8	0.3
France	2.2	2.2	0.8	0.6	0.5	0.7	0.4	0.4	-0.3	0.1	-1.1	-1.2	0.3
Italy	2.0	1.6	-1.0	0.2	0.1	0.2	-0.3	0.3	-0.6	-0.7	-2.1	-2.4

Source: OECD, Main Economic Indicators

(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	6.3
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)

( % of GDP)

	2008	2009	2010	Total
United States	1.1	2.0	1.8	4.8
United Kingdom	0.2	1.4	-0.1	1.5
Germany	0.0	1.5	2.0	3.4
France	0.0	0.7	0.7	1.3
Japan	0.4	1.4	0.4	2.2
Canada	0.0	1.5	1.3	2.7

(Source: IMF estimates[1])

( % of GDP )

	Japan	Italy	France	Germany	United States	United Kingdom	China	Australia
2007	195	107	65	65	62	44	20	9
2014 est	222	118	79	77	100	76	19	4

(Source: IMF March 2009 [2])