Download GlobalData’s Covid-19 Executive Briefing report
- ECONOMIC IMPACT -
Latest update: 17 February
The IMF projects global economic growth at 5.5% for 2021 which is an upward revision from the 5.2% rise estimated in October 2020.
After weeks of gradual decline, GDP estimates for many countries have levelled off. Negative GDP growth is forecast in all countries except China.
Consensus forecast for world GDP growth in 2020
Unemployment rate in OECD nations in December 2020
- SECTOR IMPACT: APPAREL -
Latest update: 3 March
Garment manufacturers remain hardest hit by Covid-19
More than 350,000 jobs lost in Bangladesh
Calls to add US port workers to vaccine priority list
Myanmar garment worker support fund doubled
Lao garment workers to receive emergency cash
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