Year Percent of potential GDP 1996 -4.244 1997 -3.364 1998 -3.014 1999 -3.038 2000 -3.812 2001 -3.523 2002 -4.925 2003 -3.349 2004 -3.273 2005 -2.454 2006 -1.388 2007 -0.088 2008 -0.737 2009 -3.133 2010 -5.119 2011 -4.139 2012 -4.691 2013 -5.503 2014 -5.827 2015 -5.602 2016 -5.388 2017 -6.341 2018 -6.061 2019 -5.761 2020 -4.99 2021 -4.688 2022 -4.046 2023 -3.555 2024 -3.067