The average change in the fiscal deficit in 2020 during the COVID-19 pandemic compared to October 2019 was expected to reach about 6.5 percent of the gross domestic product (GDP) in the Gulf Cooperation Council (GCC), compared to 4.9 percent of GDP for non-GCC countries. The forecasts were reviewed in April 2020 to account for the economic impact of the COVID-19 pandemic.
Average change in the fiscal deficit forecasts of October 2019 as a result of the impact of the COVID-19 pandemic in the Middle East as of April 2020, by region
Characteristic
Average change in fiscal deficit as a percentage of GDP
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PwC. (June 11, 2020). Average change in the fiscal deficit forecasts of October 2019 as a result of the impact of the COVID-19 pandemic in the Middle East as of April 2020, by region [Graph]. In Statista. Retrieved September 14, 2024, from https://www.statista.com/statistics/1125415/mena-average-change-fiscal-deficit-forecasts-covid-19-by-region/
PwC. "Average change in the fiscal deficit forecasts of October 2019 as a result of the impact of the COVID-19 pandemic in the Middle East as of April 2020, by region." Chart. June 11, 2020. Statista. Accessed September 14, 2024. https://www.statista.com/statistics/1125415/mena-average-change-fiscal-deficit-forecasts-covid-19-by-region/
PwC. (2020). Average change in the fiscal deficit forecasts of October 2019 as a result of the impact of the COVID-19 pandemic in the Middle East as of April 2020, by region. Statista. Statista Inc.. Accessed: September 14, 2024. https://www.statista.com/statistics/1125415/mena-average-change-fiscal-deficit-forecasts-covid-19-by-region/
PwC. "Average Change in The Fiscal Deficit Forecasts of October 2019 as a Result of The Impact of The Covid-19 Pandemic in The Middle East as of April 2020, by Region." Statista, Statista Inc., 11 Jun 2020, https://www.statista.com/statistics/1125415/mena-average-change-fiscal-deficit-forecasts-covid-19-by-region/
PwC, Average change in the fiscal deficit forecasts of October 2019 as a result of the impact of the COVID-19 pandemic in the Middle East as of April 2020, by region Statista, https://www.statista.com/statistics/1125415/mena-average-change-fiscal-deficit-forecasts-covid-19-by-region/ (last visited September 14, 2024)
Average change in the fiscal deficit forecasts of October 2019 as a result of the impact of the COVID-19 pandemic in the Middle East as of April 2020, by region [Graph], PwC, June 11, 2020. [Online]. Available: https://www.statista.com/statistics/1125415/mena-average-change-fiscal-deficit-forecasts-covid-19-by-region/
