Year Percent of potential GDP 1996 0.657 1997 -1.003 1998 -0.287 1999 -0.491 2000 -1.134 2001 -0.789 2002 -1.085 2003 -0.688 2004 -1.31 2005 -1.496 2006 -2.296 2007 -2.835 2008 -3.334 2009 -4.525 2010 -4.789 2011 -4.288 2012 -2.008 2013 -1.404 2014 -2.248 2015 -0.876 2016 -0.256 2017 0.527 2018 0.533 2019 -0.136 2020 -0.448 2021 -0.288 2022 -0.002 2023 0.297 2024 0.496