Countries currently in recession

Timeline of countries in recession

The term recession generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters

* July 1, 2008: Denmark


* August 13, 2008: Estonia


* September 8, 2008: Latvia


* September 25, 2008: Ireland


* September 26, 2008: New Zealand


* October 10, 2008: Singapore


* November 13, 2008: Germany


* November 14, 2008: Italy


* November 14, 2008: Hong Kong


* November 14, 2008: Eurozone


* November 17, 2008: Japan


* November 28, 2008: Sweden


* December 1, 2008: United States of America


* December 9, 2008: Canada


* January 23, 2009: United Kingdom