Winter 2020 OECD Economic Outlook - Turning Hope into Reality

(7 December 2020) Vaccination campaigns, concerted health policies, and government financial support are expected to lift global GDP by 4.2 percent in 2021 after an estimated 4.2 percent decrease this year. The latest 2020 global GDP estimate is an upward revision even despite concerns expressed by the OECD in the June Economic Outlook that the world economy could contract to the tune of 6-8 percent depending on the trajectory of the COVID-19 pandemic.

  • The OECD anticipates a stronger economic recovery in 2021 if vaccines roll out quickly, boosting confidence and lowering uncertainty.
  • China will be the only country among the world's largest economies with a positive GDP growth rate in 2020 (1.8%) and is expected to surpass its economic peers again in 2021 with an 8 percent GDP growth rate.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

Explore
Dernière mise à jour : 

Êtes-vous certain de vouloir supprimer cette page?

Êtes-vous certain de vouloir supprimer ce document ?

Impossible de supprimer la page parce qu'elle a des raccourcis qui la référencent aux localisations suivantes :

    Veuillez d'abord supprimer ces raccourcis, puis supprimer la page elle-même.