global recession: The Indian economy is continuously registering higher growth than big countries. This shows a bright future for the Indian economy. Franklin Templeton has published a report on the possibility of a worldwide recession.
In this, there is a possibility of recession in the countries around the world in the next one year. This figure shows that many developed countries of the world may be in the grip of recession. This includes countries like America, Britain, Germany and France.
Germany is most likely to face recession
The possibility of a recession next year is highest in Germany. The probability of recession in Germany is 73 percent. Italy comes at second place. The probability of recession in Italy is 65 percent. Britain is in third place. The probability of recession in Britain is 53 percent. New Zealand is in fourth place, where the probability of recession is said to be 50 percent. In Canada this estimate is 50 percent.
45 percent chance of recession in America 50 percent
America is at eighth place in this list. The probability of recession for America is 45 percent. For Australia this estimate is 40 percent. The probability of recession in France is 35 percent. The estimate for South Africa is 30 percent. Mexico has a 25 percent chance of a recession, Spain has a 15 percent chance of a recession, and China and South Korea each have a 15 percent chance of a recession.
Fear of recession in India 0 percent
Talking about India, India is at the last position in this list, which means there is no possibility of recession. Here the forecast of recession in the next one year is 0 percent. Above India is Indonesia, where the probability of recession is 2 percent. The probability of recession in Saudi Arabia is estimated to be 10 percent and in Brazil it is estimated to be 10 percent.