Time spent in recession in selected American countries 1950-2019

As of 2019, Argentina was the country that spent the most time in economic recession in the Americas since 1950. Up to one third of the time since 1950, the Argentine economy was in contraction. In Venezuela, the percentage of time in recession amounted to 28 percent in the same period, whereas in the U.S. it represented around ten percent.

Percentage of time spent in economic recession in selected countries in the Americas between 1950 and 2019

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Sources

Release date

August 2019

Region

North America, Central and South America

Survey time period

Since 1950; As of August 2019*

Special properties

Recession is defined as at least one year of economic contraction

Supplementary notes

* The source does not specify the end of the time period measured. The date given is the month of publication.

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