Statista spotlight report on recession risk in the largest economies globally
This Statista report explores the development of the global economy in 2022 and 2023, with a focus on the largest economies worldwide. Due to geopolitical turmoil and economic uncertainty, the world might be on the brink of a recession.
The inflation crisis started at the beginning of 2022 and persisted throughout 2023. Caused mainly by soaring energy and commodity prices, the unorecedented surge destabilized the global economy and caused many national economies to slow down significantly.
This report presents the development of the key indicators of a recession (real GDP, disposable income, industrial production, unemployment, and retail sales) in Brazil, China, the European Union, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States.
Key questions answered in this report:
We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.
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