We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
The Graphic Truth: How COVID will affect major economies?
Lockdowns and social distancing restrictions have brought much of the global economy to a halt over the past few months. As the virus continued to spread (there are now cases in over 200 countries and territories) the IMF updated its original growth forecast for 2020 – twice – and the predictions are increasingly grim. The world's largest economies – China, the US and the Euro area – are set to experience massive year-on-year contraction. But there's a silver lining: The IMF says that there are signs of an economic recovery for these economic regions in 2021. Here's a look at the numbers.