30 Apr 2020
Coronavirus Global Economic Outlook
At the end of April, Euromonitor International further downgraded the baseline global real GDP growth forecast for 2020.
To a range of -4.0% to -1.5%, compared to 2.6-3.4% growth forecast in the last pre-COVID-19 pandemic forecast: Advanced economies are expected to see their economic activity contract by around 6% in 2020,while emerging and developing economies will experience a 1% contraction in 2020.