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Relative risk of recession in G7 economies 2018-2022

Published by Statista Research Department, Jul 26, 2023
Between the first quarter of 2018 and the first quarter of 2022, the relative probability of recession in G7 economies was the highest in the first quarter of 2020, as a result of the COVID-19 pandemic. The risk of recession started to increase again in the first quarter of 2022, due to the escalation of the conflict between Russia and Ukraine.

Relative risk of recession in G7 economies from 1st quarter 2018 to 1st quarter 2022

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Source

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Release date

July 2022

Region

Canada, France, Germany, Italy, Japan, United Kingdom, United States

Survey time period

Q1 2018 to Q1 2022

Supplementary notes

The source adds the following information: "Relative probability of recession in G7 economies indicates ratio of current probability to normal-times probability of a new recession."

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