"Figure 1: The G7 countries are now close to or already exceeding pre-coronavirus pandemic levels of GDP","" "GDP levels for each G7 country, Quarter 4 2019 to Quarter 1 2022","" "","" "Notes","1. In Quarter 1 2022, the level of GDP was higher than in Quarter 4 2019 for Canada, France, the UK and the US. 2. For Germany, Italy and Japan, the level of GDP in Quarter 1 2022 was less than 1% smaller than it was in Quarter 4 2019. " "Unit","Index, 2019 Quarter 4 = 100" "","" "","Canada","France","Germany","Italy","Japan","UK","US" "Q4-2019","100.0","100.0","100.0","100.0","100.0","100.0","100.0" "Q1-2020","97.8","94.4","98.2","94.1","100.5","97.5","98.7" "Q2-2020","87.0","81.7","88.4","82.2","92.5","78.5","89.9" "Q3-2020","94.9","96.8","96.4","95.4","97.4","92.4","96.7" "Q4-2020","96.9","95.7","97.1","93.9","99.1","93.7","97.7" "Q1-2021","98.1","95.9","95.5","94.2","98.8","92.6","99.2" "Q2-2021","97.2","97.3","97.6","96.7","99.3","97.8","100.9" "Q3-2021","98.5","100.2","99.2","99.1","98.6","98.7","101.4" "Q4-2021","100.1","101.0","98.9","99.8","99.5","99.9","103.1" "Q1-2022","101.5","101.0","99.0","99.6","99.3","100.7","102.8"