Watch the presentation by Alexis Garatti, Head of Economic Research at Euler Hermes, who talks about the impact of Covid-19 on the global economy.
Updates and support on Covid-19
Get our latest news and insights on the Covid-19 crisis.
Latest Economic Research Analysis on Covid-19
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Oil: The floods
09 April
We expect significant volatility around our central Brent crude price forecast of USD 41/bbl as an unprecedented inventory build battles with a hope-driven news flow.
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Covid-19 to increase U.S. delinquency rate by 6.5% and insolvencies by 25% in 2020
09 April
Covid-19 is likely to cause the largest shock on the U.S. economy since 1947.
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What does Covid-19 mean for Emerging Markets?
07 April
Manfred Stamer, Senior Economist for Emerging Europe and the Middle East, explains.
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
+0.5%
Global GDP growth forecast for 2020, the slowest pace since 2009
Global GDP growth forecast for 2020, the slowest pace since 2009
-4.5%
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
USD1064bn
Global export losses from one quarter of lockdowns around the world
Global export losses from one quarter of lockdowns around the world
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
+14%
Forecast for rise in global insolvencies in 2020, (+7% increase in the US, a +15% rise in China and a +16% surge in Europe)
Covid-19: Quarantined Economics
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