Verkkohow did covid affect the world economy? During 2020, the world's collective gross domestic product (gdp) fell by 3. 4 percent.

Understanding the Context

Verkkothe only major economy to grow in 2020 was china. It registered a growth of 2. 3%. The imf is, however, predicting global growth of 5.

Key Insights

2% in 2021. That will be driven.