Peak-to-trough falls show how markets have held up during differing recessions

This week's graph analysis looks at falls in GDP in Asia over the last three recessions

The graph illustrates peak-to-trough falls in gross domestic product for Asian countries during the Asian crisis, dotcom crash and current recession. Peak-to-trough declines are calculated by comparing the difference between the lowest rate of growth, or the highest rate of decline, during the downturn and the highest rate of growth during the expansion period preceding the downturn. The data on the chart includes first-quarter growth rates reported from all countries except Thailand, Malaysia, India and the Philippines, which are based on forecasts from Japanese securities company No...