Wednesday, August 11, 2021

COVID-19’s Economic Impact around the World

By Juan M. Sánchez. He is an economist and assistant vice president at the Federal Reserve Bank of St. Louis. 

He presents a good overview with informative charts. Excerpt:


  • Although the COVID-19 pandemic affected all parts of the world in 2020, low-, middle- and high-income nations were hit in different ways.
  • In low-income countries, average excess mortality reached 34%, followed by 14% in middle-income countries and 10% in high-income ones.
  • However, middle-income nations experienced the largest hit to their gross domestic product (GDP) growth, followed by high-income nations."

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