Recession fear worldwide 2022

Between January 2018 and July 2022, global recession fear went through periods of sharp increases three times. First, in the summer of 2019, due to an escalation in U.S.-China relations and a recession signal being flashed by the bond market. The second peak of worldwide recession fear took place in March 2020, as a result of the alarming jump in the rate of COVID-19 cases. The fear of recession started to increase sharply again in February 2022, as the conflict between Russia and Ukraine escalated.

Relative recession fear worldwide from January 2018 to July 2022

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Release date

July 2022

More information

Region

Worldwide

Survey time period

January 2018 to July 2022

Supplementary notes

The source adds the following information: "Recession fear is based on the volume of Google searches for the word "recession" worldwide with numbers representing search interest relative to the highest point since 2008."

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