UN Department of Economic and Social Affairs (DESA)
Global economy to shrink by 3.2pc: UN report
The world economy has been projected to shrink by 3.2 percent wiping out nearly four years of output gains as economic activities around the world comes to grinding halt against the backdrop of the coronavirus pandemic, a new UN report said.
This means, the world will see some $8.5 trillion in overall losses, according to a mid-year economic analysis by the UN.
4 years ago