Access the latest updates from our Economic Research team on the consequences of Covid-19 around the world.
Updates and support on Covid-19
Get our latest news and insights on the Covid-19 crisis.
How is Covid-19 impacting the global economy? Have a look at our 6 key figures to find out.
Discover how we are ensuring business continuity and contributing to sustain trade.
Latest ECONOMIC RESEARCH UPDATES ON COVID-19
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Global trade: Recession confirmed, watch out for a double-whammy blow due to protectionism
26 May
Our proprietary Trade Momentum Index shows that Q2 is likely to see an even stronger contraction.
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The ECB is also here to close governments' financing gap
20 May
In response to the Covid-19 crisis, gross financing needs could amount to EUR800-900bn for the Eurozone, and only part of it will be covered by the issuance of long-term bonds.
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A German-French trial balloon on fiscal union
19 May
This first attempt at a transfer union may make net payouts look small for, say Italy, but symbols do matter.
Watch our Economists’ videos on Covid-19
Our economists update you regularly on the economic consequences of Covid-19 around the world.
6 key figures about the impact of Covid-19 on the global economy
-3.3%
Expected global GDP contraction in 2020
Expected global GDP contraction in 2020
-15%
Forecast for decline in global trade of goods and services in volume in 2020
Forecast for decline in global trade of goods and services in volume in 2020
USD3.5trn
Global trade losses in 2020
Global trade losses in 2020
65 million
Jobs requiring social assistance in the EU from Covid-19 related lockdowns
13,000
SMEs and midcaps at risk of bankruptcy in the Eurozone, with an average turnover of EUR40mn at risk
+20%
Forecast for rise in global insolvencies in 2020, (+25% increase in the US, a +15% rise in China and a +19% surge in Europe)
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