Business Economy Featured Finance

$6.7 trillion: how much the Covid-19 pandemic cost the global economy in 2020

Reading Time: 2 minutes THE pandemic will wipe an eye-watering $6.7 trillion – or £5 trillion – from the global economy in 2020, new analysis suggests. The forecast fall in global GDP – down 5.2% from $89.94 trillion to $83.19 trillion – is equivalent to the annual economic output of Germany and France combined. It would represent the deepest Read More…