Year Percent of potential GDP 1996 -6.668 1997 -7.897 1998 -9.424 1999 -8.969 2000 -8.403 2001 -10.838 2002 -10.477 2003 -11.005 2004 -8.963 2005 -7.374 2006 -6.511 2007 -5.021 2008 -8.623 2009 -9.179 2010 -9.032 2011 -8.612 2012 -7.475 2013 -6.822 2014 -6.914 2015 -7.189 2016 -7.298 2017 -6.745 2018 -6.606 2019 -6.901 2020 -6.654 2021 -6.469 2022 -6.286 2023 -6.193 2024 -6.103