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UN on World Economy
April 7 , 2020
1503 days
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- The global economy could shrink by up to 1 per cent in 2020 due to the coronavirus pandemic
- The analysis was done by the UN Department of Economic and Social Affairs (DESA).
- It was the part of UN DESA's World Economic Forecasting Model.
- The analysis noted that before the outbreak of the COVID-19, world output was expected to expand at a modest pace of 2.5 per cent in 2020, as reported in the World Economic Situation and Prospects 2020.
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