Recession of 2009/Addendum

Growth rates
GDP at constant market prices
 * % change on previous period


 * {|class="wikitable"

! !colspan = "4"| !colspan = "4"|2007 !colspan = "4"|2008 !colspan = "4"|2009 ! ! 2006 ! 2007 ! 2008 ! 2009 !Q1 !Q2 !Q3 !Q4 !Q1 !Q2 !Q3 !Q4 !Q1 !Q2 !Q3 !Q4
 * United States
 * 2.8
 * 2.0
 * 0.4
 * -2.4
 * 0.0
 * 1.2
 * 1.6
 * 0.0
 * 0.2
 * 0.7
 * -0.1
 * -1.4
 * -1.6
 * -0.3
 * 0.9
 * 1.5
 * Japan
 * 2.0
 * 2.4
 * -0.6
 * -5.3
 * 1.0
 * -0.3
 * 0.4
 * 1.0
 * 0.3
 * -1.2
 * -0.4
 * -3.2
 * -3.3
 * 0.6
 * 1.2
 * 0.9
 * Canada
 * 3.1
 * 2.7
 * 0.5
 * -2.6
 * 1.0
 * 1.0
 * 0.6
 * 0.2
 * -0.2
 * 0.1
 * 0.2
 * 0.8
 * -1.4
 * -0.6
 * 0.1
 * 1.2
 * United Kingdom
 * 2.8
 * 3.0
 * 0.7
 * -4.8
 * 0.8
 * 0.8
 * 0.6
 * 0.9
 * 0.3
 * 0.0
 * -0.7
 * -1.6
 * -2.4
 * -0.6
 * -0.2
 * 0.3
 * Germany
 * 3.0
 * 2.5
 * 1.3
 * -5.0
 * 0.4
 * 0.4
 * 0.6
 * 0.3
 * 1.5
 * -0.5
 * -0.5
 * -2.1
 * -3.8
 * 0.3
 * 0.7
 * 0.0
 * France
 * 2.2
 * 2.2
 * 0.8
 * -2.3
 * 0.6
 * 0.5
 * 0.7
 * 0.4
 * 0.4
 * -0.3
 * 0.1
 * -1.1
 * -1.2
 * 0.3
 * 0.3
 * 0.6
 * Italy
 * 2.0
 * 1.6
 * -1.0
 * -5.0
 * 0.2
 * 0.1
 * 0.2
 * -0.3
 * 0.3
 * -0.6
 * -0.7
 * -2.1
 * -2.4
 * -0.5
 * 0.8
 * -0.3
 * }
 * 0.3
 * -0.6
 * -0.7
 * -2.1
 * -2.4
 * -0.5
 * 0.8
 * -0.3
 * }


 * (Source: OECD, Main Economic Indicators)

World Trade

 * OECD trade in goods and services
 * % volume change on previous quarter.


 * {|class="wikitable"

! !colspan = "4"|2008 !colspan = "4"|2009 ! !Q1 !Q2 !Q3 !Q4 !Q1 !Q2 !Q3 !Q4 !Exports !Imports
 * 5.2
 * 5.4
 * -2.7
 * -18.1
 * -13.4
 * 1.8
 * 7.8
 * 5.7
 * 4.8
 * -2.8
 * -18.2
 * -14.7
 * -0.8
 * 8.7
 * }
 * }


 * (Source: OECD economic indicators)

Unemployment rates

 * OECD harmonised rates
 * % seasonally adjusted)


 * {|class = "wikitable"

! !colspan = "3"| !colspan = "4"|2009 !align="center"| !align="center"| 2007 !align="center"| 2008 !align="center"| 2009 !align="center"|  Q1 !align="center"|   Q2 !align="center"|   Q3 !align="center"|   Q4
 * align="center"| United States
 * align="center"| 4.6
 * align="center"| 5.8
 * align="center"| 9.3
 * align="center"| 8.2
 * align="center"| 9.3
 * align="center"| 9.7
 * align="center"| 10.0
 * align="center"| United Kingdom
 * align="center"| 5.3
 * align="center"| 5.5
 * align="center"|
 * align="center"| 7.1
 * align="center"| 7.7
 * align="center"| 7.8
 * align="center"|
 * align="center"|Japan
 * align="center"| 3.9
 * align="center"| 4.0
 * align="center"| 5.1
 * align="center"| 4.5
 * align="center"| 5.1
 * align="center"| 5.1
 * align="center"| 5.2
 * align="center"|Germany
 * align="center"| 8.4
 * align="center"| 7.3
 * align="center"| 7.5
 * align="center"| 7.3
 * align="center"| 7.6
 * align="center"| 7.6
 * align="center"| 7.5
 * align="center"|France
 * align="center"| 8.3
 * align="center"| 7.9
 * align="center"| 9.4
 * align="center"| 8.9
 * align="center"| 9.3
 * align="center"| 9.5
 * align="center"| 10.0
 * }
 * align="center"| 8.9
 * align="center"| 9.3
 * align="center"| 9.5
 * align="center"| 10.0
 * }


 * (Source: OECD)
 * (Source: OECD)

Fiscal stimulus packages

 * ( % of GDP)


 * {|class = "wikitable"

! !align="center"| 2008 !align="center"| 2009 !align="center"| 2010 !align="center"| Total
 * align="center"|United States
 * align="center"|1.1
 * align="center"|2.0
 * align="center"|1.8
 * align="center"|4.8
 * align="center"|United Kingdom
 * align="center"|0.2
 * align="center"|1.4
 * align="center"|-0.1
 * align="center"|1.5
 * align="center"|Germany
 * align="center"|0.0
 * align="center"|1.5
 * align="center"|2.0
 * align="center"|3.4
 * align="center"|France
 * align="center"|0.0
 * align="center"|0.7
 * align="center"|0.7
 * align="center"|1.3
 * align="center"|Japan
 * align="center"|0.4
 * align="center"|1.4
 * align="center"|0.4
 * align="center"|2.2
 * align="center"|Canada
 * align="center"|0.0
 * align="center"|1.5
 * align="center"|1.3
 * align="center"|2.7
 * align="center"|China
 * align="center"|0.4
 * align="center"|2.0
 * align="center"|2.0
 * align="center"|4.4
 * }
 * align="center"|China
 * align="center"|0.4
 * align="center"|2.0
 * align="center"|2.0
 * align="center"|4.4
 * }
 * }


 * (Source: IMF estimates February 2009 )

Public debt

 * (National debt % of GDP )


 * {|class = "wikitable"

! !align="center"|  Japan !align="center"|  Italy !align="center"|  France !align="center"|  Germany !align="center"| United States !align="center"| United Kingdom !align="center"| Average
 * 2007
 * align="center"|188
 * align="center"|104
 * align="center"|64
 * align="center"|63
 * align="center"|62
 * align="center"|44
 * align="center"|78
 * 2009
 * align="center"|217
 * align="center"|117
 * align="center"|77
 * align="center"|80
 * align="center"|89
 * align="center"|69
 * align="center"|101
 * 2010
 * align="center"|219
 * align="center"|116
 * align="center"|78
 * align="center"|79
 * align="center"|85
 * align="center"|69
 * align="center"|99
 * 2014
 * align="center"|246
 * align="center"|129
 * align="center"|96
 * align="center"|89
 * align="center"|108
 * align="center"|98
 * align="center"|118
 * }
 * align="center"|108
 * align="center"|98
 * align="center"|118
 * }




 * (Source: IMF Staff Position Note November 2009 )

Total debt

 * % of GDP 2008


 * {|class = "wikitable"

! !align="center"| United Kingdom !align="center"|  Japan !align="center"|  France !align="center"|   Italy !align="center"| United States !align="center"|  Germany !Government !Financial institutions !Non-financial businesses !Households !Total ! % growth 2000-08
 * align="center"|52
 * align="center"|188
 * align="center"|73
 * align="center"|101
 * align="center"|60
 * align="center"|69
 * align="center"|202
 * align="center"|108
 * align="center"|81
 * align="center"|77
 * align="center"|56
 * align="center"|76
 * align="center"|114
 * align="center"|96
 * align="center"|110
 * align="center"|81
 * align="center"|78
 * align="center"|66
 * align="center"|101
 * align="center"|67
 * align="center"|44
 * align="center"|40
 * align="center"|56
 * align="center"|47
 * align="center"|469
 * align="center"|459
 * align="center"|308
 * align="center"|298
 * align="center"|290
 * align="center"|274
 * align="center"|10.2
 * align="center"|0.3
 * align="center"|7.7
 * align="center"|6.3
 * align="center"|8.1
 * align="center"|2.5
 * }


 * (Source: Debt and Deleverageing, the Global Credit Bubble and its Consequences, McKinsey, 2010)