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Forecasted global real GDP growth due to COVID-19 2019-2023

Published by M. Szmigiera, Apr 14, 2022
The coronavirus (COVID-19) pandemic, has a significant impact on the global economy. In 2020, global Gross Domestic Product (GDP) decreased by 3.4 percent, while the forecast for this year was 2.9 percent GDP growth. As the worlds governments are working towards a fast economic recovery, the GDP increased again in 2021 by 5.6 percent. According to the forecast for 2022, global GDP should increase by 4.5 percent in that year.

Forecasted global real Gross Domestic Product (GDP) growth due to the coronavirus (COVID-19) from 2019 to 2023

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Release date

December 2021

Region

Worldwide

Survey time period

December 2021

Supplementary notes

* Before coronavirus pandemic, as of November 2019.
Original forecasts for 2020 and 2021 can be found here.

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