Recession 2024 2024au. That’s one big difference between a per capita recession and a true recession. In its latest global economic outlook, a rocky recovery, the imf has predicted australia's gdp growth would slow to just 1.6 per cent in 2023, followed by a.

That’s one big difference between a per capita recession and a true recession. Australia’s population growth rate was 2.4% in the year to june 2024, as illustrated below: