COVID 19 - ECONOMIC FORECASTS



OECD and IMF ECONOMIC FORECASTS
Percentage change in Real GDP Growth
         (Selected countries only)

                       OECD               IMF
                    2020  2021    2020  2021                          (%)     (%)       (%)     (%)
World            2.4     3.3      - 3.0    5.8
Australia       1.8     2.6         _        _
USA               1.9     2.1      - 5.9    4.7
UK                  0.8    0.8      - 6.5    4.0
Italy                0.0    0.5      - 9.1    4.8
Germany        0.3    0.9      - 7.0    5.2
Canada          1.3    1.9      - 6.2    4.2
Japan             0.2    0.7      - 5.2    3.0
Korea             2.0    2.3          _        _
Russia            1.2   1.3        - 5.5   3.5
Brazil              1.7   1.8        - 5.3   2.9
Saudi Arabia  1.4   1.9        - 2.3   2.9
China              4.9   6.4          1.2   9.2
India                5.1  5.6          1.9    7.4
(Indebted to Global Economic Effects of Covid19 reported by Congressional Research Service)

KV George
kvgeorgein@gmail.com

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