Graph of the Day for May 29, 2010

"This gets at a theme I've written about in the past, and will surely return to: a lot of the American image of Europe as a moribund economy is, like, so 1990s. They're doing better now - and we're doing worse."  Paul Krugman, January 2008.

Declines in Real GDP (%) During the Great Recession


Source:  IMF World Economic Outlook, April 2010.


Hoven's Index for May 29, 2010


Real GDP growth from 1992 to 2001, average annual rate:

Australia:  3.8%

Norway:  3.6%

US:  3.5%

Spain:  3.0%

Netherlands:  3.0%

UK:  2.9%

Advanced Economies:  2.8%

Greece:  2.5%

Sweden:  2.2%

Euro Area:  2.1%

France:  2.1%

Germany:  1.7%

Italy:  1.6%

Japan:  0.9%

Source:  IMF World Economic Outlook, April 2010.


Graph of the Day Archive.

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