Japan, UK slip into recession: Check world’s top-10 economies

CNBC TV18 By Priyanka Deshpande Published Feb 16, 2024

[{"selector":"#anim-806cd802-6a14-44b4-b002-d4053681628a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-10.121966203367077%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Japan and UK, two of the world’s largest economies, reported their second consecutive negative quarters of gross domestic product (GDP). Image: Shutterstock

[{"selector":"#anim-e9f187e8-f778-4d63-baa4-22d0313c61f6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Japan’s GDP contracted at an annualised pace of 0.4% in the final three months of last year, following a revised 3.3% retreat in the previous quarter. Read More

[{"selector":"#anim-beffac65-56f9-4b98-a93a-e1846d2720f4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(6.914893364013229%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] UK’s GDP declined by 0.3% in the fourth quarter of the year from the previous three-month period. Read More

Canada

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Brazil

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Italy

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France

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United Kingdom

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India

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Japan

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Germany

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China

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United States

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RBI, Nepal Rastra Bank ink pact to integrate UPI and NPI for cross-border remittances

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Japan, UK slip into recession: Check world’s top-10 economies

Canada

GDP: $2,242 billion

10

Brazil

GDP: $2,272 billion

9

Italy

GDP: $2,280 billion

8

France

GDP: $3,182 billion

7

United Kingdom

GDP: $3,592 billion

6

India

GDP: $4,112 billion

5

Japan

GDP: $4,291 billion

4

Germany

GDP: $4,730 billion

3

China

GDP: $18,566 billion

2

United States

GDP: $27,974 billion

1

RBI, Nepal Rastra Bank ink pact to integrate UPI and NPI for cross-border remittances