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) |
