Due to increasing inflation rates, economic growth has been slow in several countries worldwide, and some risk falling into recession. When asked about this, 76 percent of respondents in South Korea believed that the country's economy had fallen into recession, and 75 percent of respondents in Turkey did the same. In fact, South Korea's gross domestic product (GDP) growth rate increased by 1.4 percent in the third quarter of 2023. Inflation increased rapidly around the world through 2022 and 2023, before it started falling in some countries in 2024.
Respondents believing their country's national economy has fallen into recession worldwide as of 2024, by country
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Ipsos. (May 20, 2024). Respondents believing their country's national economy has fallen into recession worldwide as of 2024, by country [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/1468441/perceptions-recession-world-country/
Ipsos. "Respondents believing their country's national economy has fallen into recession worldwide as of 2024, by country." Chart. May 20, 2024. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/1468441/perceptions-recession-world-country/
Ipsos. (2024). Respondents believing their country's national economy has fallen into recession worldwide as of 2024, by country. Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/1468441/perceptions-recession-world-country/
Ipsos. "Respondents Believing Their Country's National Economy Has Fallen into Recession Worldwide as of 2024, by Country." Statista, Statista Inc., 20 May 2024, https://www.statista.com/statistics/1468441/perceptions-recession-world-country/
Ipsos, Respondents believing their country's national economy has fallen into recession worldwide as of 2024, by country Statista, https://www.statista.com/statistics/1468441/perceptions-recession-world-country/ (last visited November 14, 2024)
Respondents believing their country's national economy has fallen into recession worldwide as of 2024, by country [Graph], Ipsos, May 20, 2024. [Online]. Available: https://www.statista.com/statistics/1468441/perceptions-recession-world-country/