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Economy > Great recession of the late 2000s, period: Countries Compared

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)

Citation

"All countries compared for Economy > Great recession of the late 2000s, period", http://stats.oecd.org/Index.aspx?QueryName=350&QueryType=View&Lang=en, Quarterly Natinoal Accounts: Quarterly Growth Rates of real GDP, change over previsous quarter. 
and
http://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-055780_QID_-4EE331A3_UID_-3F171EB0&layout=TIME,C,X,0;GEO,L,Y,0;S_ADJ,L,Z,0;UNIT,L,Z,1;INDIC_NA,L,Z,2;INDICATORS,C,Z,3;&zSelection=DS-055780S_ADJ,SWDA;DS-055780INDIC_NA,B1GM;DS-055780INDICATORS,OBS_FLAG;DS-055780UNIT,PCH_PRE;&rankName1=INDIC-NA_1_2_-1_2&rankName2=S-ADJ_1_2_-1_2&rankName3=INDICATORS_1_2_-1_2&rankName4=UNIT_1_2_-1_2&rankName5=TIME_1_0_0_0&rankName6=GEO_1_2_0_1&pprRK=FIRST&pprSO=PROTOCOL&ppcRK=FIRST&ppcSO=ASC&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=ROLLING&time_most_recent=true&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23, GDP and main components - volumes. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Economy/Great-recession-of-the-late-2000s,-period

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