In the past two decades, four major virus outbreaks caused significant economic loss in China. Due to the outbreak of novel coronavirus COVID-19, business and factories were shutdown in the country. Experts estimated that China's GDP could suffer a maximum loss of 500 billion yuan in 2020, five-fold higher compared to Severe Acute Respiratory Syndrome (SARS) between 2002 and 2003.
Annual loss of gross domestic product (GDP) caused by the major virus outbreaks in China from 2002 to 2020
(in billion yuan)
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Bain & Company. (February 10, 2020). Annual loss of gross domestic product (GDP) caused by the major virus outbreaks in China from 2002 to 2020 (in billion yuan) [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/1103871/china-economic-loss-comparison-major-virus-outbreaks/
Bain & Company. "Annual loss of gross domestic product (GDP) caused by the major virus outbreaks in China from 2002 to 2020 (in billion yuan)." Chart. February 10, 2020. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/1103871/china-economic-loss-comparison-major-virus-outbreaks/
Bain & Company. (2020). Annual loss of gross domestic product (GDP) caused by the major virus outbreaks in China from 2002 to 2020 (in billion yuan). Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/1103871/china-economic-loss-comparison-major-virus-outbreaks/
Bain & Company. "Annual Loss of Gross Domestic Product (Gdp) Caused by The Major Virus Outbreaks in China from 2002 to 2020 (in Billion Yuan)." Statista, Statista Inc., 10 Feb 2020, https://www.statista.com/statistics/1103871/china-economic-loss-comparison-major-virus-outbreaks/
Bain & Company, Annual loss of gross domestic product (GDP) caused by the major virus outbreaks in China from 2002 to 2020 (in billion yuan) Statista, https://www.statista.com/statistics/1103871/china-economic-loss-comparison-major-virus-outbreaks/ (last visited October 14, 2024)
Annual loss of gross domestic product (GDP) caused by the major virus outbreaks in China from 2002 to 2020 (in billion yuan) [Graph], Bain & Company, February 10, 2020. [Online]. Available: https://www.statista.com/statistics/1103871/china-economic-loss-comparison-major-virus-outbreaks/