"Figure 2: Real GDP in Quarter 1 2021 remains below pre-pandemic levels in all G7 countries while nominal GDP has now recovered in US and Canada","" "Percentage change, Quarter 4 (Oct to Dec) 2019 to Quarter 1 (Jan to Mar) 2021","" "","" "Notes","1. Chart shows the percentage change in real and nominal GDP in Quarter 1 (Jan to Mar) 2021 compared with Quarter 4 (Oct to Dec) 2019. 2. Data as at 25 June 2021. " "Unit","%" "","" "","Real GDP","Nominal GDP" "Canada","-1.7","3.0" "France","-4.7","-2.0" "Germany","-5.0","-2.3" "Italy","-6.4","-5.0" "Japan","-2.0","-2.1" "Spain","-9.3","-8.7" "UK ","-8.8","-3.0" "US","-0.9","1.4"