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This is a list of recessions (and depressions) that have affected the economy of the United Kingdom and its predecessor states. In the United Kingdom a recession is generally defined as two successive quarters of negative economic growth, as measured by the seasonally adjusted quarter-on-quarter figures for real GDP. Name Dates Duration Real GDP reduction Causes Other data Great Slump c. 1430 ...
The following articles contain lists of recessions: List of recessions in the United Kingdom; List of recessions in the United States
This list may not reflect recent changes. ... List of recessions in Canada; COVID-19 recession; D. Depression of 1920–1921; E. Early 1980s recession;
Japan's economy contracted at an annualized pace of 0.4% in the last three months of 2023, causing it to lose its position as the world’s third-largest economy to Germany.
During the 2020 recession caused by the COVID-19 pandemic, where the left side of the V was particularly severe, some commentators expected that the recovery might not follow a full V-shape (i.e. right side equal to the drop from the left side), but would look more like a square-root shape, or a Nike-swoosh shape (square-root but with an upward ...
To back up their forecast, a Deutsche Bank team led by Jim Reid, head of global economics and thematic research, earlier this month analyzed 34 U.S. recessions dating back to 1854, looking for ...
UK: Affected early European stock markets, during early days of chartered joint stock companies. Bengal Bubble of 1769: 1769 UK: Primarily caused by the British East India Company, whose shares fell from £276 in December 1768 to £122 in 1784. Crisis of 1772: 1772 UK USA: Financial Crisis of 1791–92: 1791 USA
The average duration of the 11 recessions between 1945 and 2001 is 10 months, compared to 18 months for recessions between 1919 and 1945, and 22 months for recessions from 1854 to 1919. [6] Because of the great changes in the economy over the centuries, it is difficult to compare the severity of modern recessions to early recessions. [7]