Year Percent of potential GDP 1997 -1.023 1998 -0.403 1999 -1.542 2000 -2.007 2001 -1.761 2002 -1.948 2003 -4.385 2004 -2.423 2005 -0.407 2006 -1.376 2007 -0.392 2008 -4.109 2009 -2.44 2010 -3.309 2011 -3.271 2012 -6.754 2013 -3.844 2014 -3.512 2015 -3.606 2016 -3.254 2017 -3.479 2018 -3.711 2019 -3.739 2020 -3.881 2021 -3.955 2022 -3.877 2023 -3.976 2024 -3.931