Economy > Great recession of the late 2000s, period: Countries Compared
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- Great recession of the late 2000s, period
DEFINITION:
Recession periods between 2006-2013. A country is considered to be in recession when its economy contracts during two consecutive quarters or more. A contraction is defined as a decreased seasonally adjusted real GDP, compared with the previous quarter.
COUNTRY | DESCRIPTION |
---|---|
Albania | Q1-2007 until Q2-2007 (6 months) Q3-2009 until Q4-2009 (6 months) Q4-2011 until Q1-2012 (6 months) |
Argentina | Q4-2008 until Q2-2009 (9 months) |
Australia | No |
Austria | Q2-2008 until Q2-2009 (15 months) Q3-2011 until Q4-2011 (6 months) |
Belgium | Q3-2008 until Q1-2009 (9 months) Q2-2012 until Q1-2013 (12 months) |
Belize | Q1-2006 until Q2-2006 (6 months) Q1-2007 until Q3-2007 (9 months) Q4-2008 until Q1-2009 (6 months) Q4-2009 until Q1-2010 (6 months) Q1-2011 until Q2-2011 (6 months) Q2-2013 until Ongoing (6 months) |
Bolivia | No </small> </ref> |
Brazil | Q4-2008 until Q1-2009 (6 months) |
Bulgaria | Q1-2009 until Q2-2009 (6 months) |
Canada | Q4-2008 until Q2-2009 (9 months) |
Chile | Q2-2008 until Q1-2009 (12 months) |
China | No |
Colombia | No |
Costa Rica | Q2-2008 until Q1-2009 (12 months) |
Croatia | Q3-2008 until Q2-2010 (24 months) Q3-2011 until Q4-2012 (18 months) Q2-2013 until Ongoing (6 months) |
Cyprus | Q1-2009 until Q4-2009 (12 months) Q3-2011 until Ongoing (27 months) |
Czech Republic | Q4-2008 until Q2-2009 (9 months) Q4-2011 until Q1-2013 (18 months) |
Denmark | Q3-2008 until Q2-2009 (12 months) Q3-2011 until Q4-2011 (6 months) Q4-2012 until Q1-2013 (6 months) |
Ecuador | Q4-2006 until Q1-2007 (6 months) Q1-2009 until Q3-2009 (9 months) |
El Salvador | Q3-2008 until Q2-2009 (12 months) </ref> Q2-2013 until Ongoing (6 months) Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page ). |
Germany | Q2-2008 until Q1-2009 (12 months) |
Greece | Q3-2008 until Ongoing (63 months) (not qoq-data, but quarters compared with same quarter of last year) Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page ). |
Hungary | Q1-2007 until Q2-2007 (6 months) Q2-2008 until Q3-2009 (18 months) Q2-2011 until Q3-2011 (6 months) Q1-2012 until Q4-2012 (12 months) |
Iceland | Q4-2007 until Q2-2008 (9 months) Q4-2008 until Q1-2009 (6 months) Q3-2009 until Q2-2010 (12 months) |
India | No |
Indonesia | No |
Ireland | Q2-2007 until Q3-2007 (6 months) Q1-2008 until Q4-2009 (24 months) |
Israel | Q4-2008 until Q1-2009 (6 months) |
Italy | Q2-2008 until Q2-2009 (15 months) Q3-2011 until Ongoing (27 months) |
Jamaica | Q3-2007 until Q4-2007 (6 months) Q3-2008 until Q1-2009 (9 months) Q4-2009 until Q2-2010 (9 months) Q4-2011 until Q1-2012 (6 months) Q4-2012 until Q1-2013 (6 months) |
Japan | Q2-2008 until Q1-2009 (12 months) Q4-2010 until Q2-2011 (9 months) Q2-2012 until Q3-2012 (6 months) |
Kazakhstan | Q3-2008 until Q1-2009 (9 months) </ref> |
Latvia | Q2-2008 until Q3-2009 (18 months) |
Lithuania | Q3-2008 until Q2-2009 (12 months) |
Luxembourg | Q2-2008 until Q1-2009 (12 months) |
Malta | Q4-2008 until Q1-2009 (6 months) |
Mexico | Q3-2008 until Q2-2009 (12 months) |
Moldova | No </ref> |
Netherlands | Q2-2008 until Q2-2009 (15 months) Q2-2011 until Q1-2012 (12 months) Q3-2012 until Q2-2013 (12 months) |
New Zealand | Q1-2008 until Q2-2009 (18 months) Q3-2010 until Q4-2010 (6 months) |
Norway | Q1-2009 until Q2-2009 (6 months) Q2-2010 until Q3-2010 (6 months) Q1-2011 until Q2-2011 (6 months) |
Paraguay | Q3-2008 until Q1-2009 (9 months) Q2-2011 until Q3-2011 (6 months) |
Peru | Q4-2008 until Q2-2009 (9 months) |
Philippines | Q4-2008 until Q1-2009 (6 months) |
Poland | No |
Portugal | Q2-2007 until Q3-2007 (6 months) Q1-2008 until Q1-2009 (15 months) Q4-2010 until Q1-2013 (30 months) |
Republic of Macedonia | Q1-2009 until Q3-2009 (9 months) Q1-2012 until Q2-2012 (6 months) (not qoq-data, but quarters compared with same quarter of last year) Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page ). |
Romania | Q4-2008 until Q2-2009 (9 months) Q4-2009 until Q1-2010 (6 months) Q4-2011 until Q1-2012 (6 months) |
Russia | Q3-2008 until Q2-2009 (12 months) |
Serbia | Q2-2008 until Q2-2009 (15 months) Q2-2011 until Q1-2012 (12 months) Q3-2012 until Q4-2012 (6 months) |
Singapore | Q2-2008 until Q1-2009 (12 months) |
Slovakia | No |
Slovenia | Q3-2008 until Q2-2009 (12 months) Q3-2011 until Ongoing (27 months) |
South Africa | Q4-2008 until Q2-2009 (9 months) |
South Korea | No |
Spain | Q2-2008 until Q4-2009 (21 months) Q2-2011 until Q2-2013 (27 months) |
Sweden | Q1-2008 until Q1-2009 (15 months) |
Switzerland | Q4-2008 until Q2-2009 (9 months) |
Taiwan | Q2-2008 until Q1-2009 (12 months) Q3-2011 until Q4-2011 (6 months) |
Thailand | Q4-2008 until Q1-2009 (6 months) |
Turkey | Q2-2008 until Q1-2009 (12 months) |
Ukraine | Q2-2008 until Q1-2009 (12 months) Q3-2012 until Q4-2012 (6 months) Q2-2013 until Ongoing (6 months) |
United Kingdom | Q2-2008 until Q3-2009 (18 months) Q4-2011 until Q2-2012 (9 months) |
United States | Q3-2008 until Q2-2009 (12 months) |
Uruguay | No |
Venezuela | Q1-2009 until Q1-2010 (15 months) |