As novel coronavirus COVID-19 spreads from China to over 90 countries across the world, global economy could suffer a slowdown with no growth in the worst scenario. According to the projection, China's GDP growth would drop to 3.5 percent when it turns into a global pandemic, which would be 2.4 percent point less than the baseline of no virus outbreak.
Estimated percentage point change in GDP growth rate for 2020 caused by the outbreak of coronavirus COVID-19 in China as of March 2020, by scenario
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Bloomberg. (March 6, 2020). Estimated percentage point change in GDP growth rate for 2020 caused by the outbreak of coronavirus COVID-19 in China as of March 2020, by scenario [Graph]. In Statista. Retrieved August 08, 2022, from https://www.statista.com/statistics/1102671/china-estimated-coronavirus-covid-19-impact-on-gdp-growth-by-scenario/
Bloomberg. "Estimated percentage point change in GDP growth rate for 2020 caused by the outbreak of coronavirus COVID-19 in China as of March 2020, by scenario." Chart. March 6, 2020. Statista. Accessed August 08, 2022. https://www.statista.com/statistics/1102671/china-estimated-coronavirus-covid-19-impact-on-gdp-growth-by-scenario/
Bloomberg. (2020). Estimated percentage point change in GDP growth rate for 2020 caused by the outbreak of coronavirus COVID-19 in China as of March 2020, by scenario. Statista. Statista Inc.. Accessed: August 08, 2022. https://www.statista.com/statistics/1102671/china-estimated-coronavirus-covid-19-impact-on-gdp-growth-by-scenario/
Bloomberg. "Estimated Percentage Point Change in Gdp Growth Rate for 2020 Caused by The Outbreak of Coronavirus Covid-19 in China as of March 2020, by Scenario." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/1102671/china-estimated-coronavirus-covid-19-impact-on-gdp-growth-by-scenario/
Bloomberg, Estimated percentage point change in GDP growth rate for 2020 caused by the outbreak of coronavirus COVID-19 in China as of March 2020, by scenario Statista, https://www.statista.com/statistics/1102671/china-estimated-coronavirus-covid-19-impact-on-gdp-growth-by-scenario/ (last visited August 08, 2022)