Countries Most to Least Affected by Global Slowdown

Qatar, least affected by the global financial crisis. Latvia is officially the hardest hit.

The global economic slowdown has hit several countries much worse than others. According to the World Economic Outlook report by the International Monetary Fund, the crisis has pushed about 70 countries into a recession.

There are many countries however that are still seeing growth and for one reason or another have managed to avoid the fall out from the global financial crisis including, Eritrea, Central African Republic, Tonga, Kenya, Senegal, Cote d'Ivoire, Myanmar, Yemen, Afghanistan and Qatar.

The global slowdown has hit the countries of Latvia (facing its deepest economic contraction since independence in 1991), Iceland, Singapore, Seychelles, Equatorial Guinea, Angola, Ukraine, Lithuania and Botswana the hardest.

According to the IMF all countries will be out of a recession by 2011, with only Italy, Spain and Venezuela having growth forecasts under 1%.

Here's the full list of 2009 GDP forecasts by country, sorted by lowest GDP percentage growth to highest.

Countries in BOLD are showing growth in 2009 from 2008 despite the global economic slowdown.




View full interactive map at Many Eyes.

Source: International Monetary Fund

June 29, 2009

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