Tag Archives: #Globalgdp

Global economy will shrink by 3% in 2020: World Economic Forum

The World Economic Forum released a new GDP growth forecast on April 14th, under which it stated that the global GDP will shrink by 3% in 2020 due to the COVID-19 pandemic. Earlier to the pandemic, the WEF has estimated global growth of 3.3% in 2020. The economy shrink is much worse than the 2008-09 […]