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The global impact of the coronavirus pandemic could result in losses of 8.1 trillion euros

May 15, 2020

Global economic losses from the effects of the new coronavirus pandemic originating in the Chinese city of Wuhan could reach $ 8.8 billion, which is about 10 percent of global economic production, according to an estimate by the Asian Development Bank ( ADB).

The Manila-based financial institution has indicated that the prognosis of the effects of the coronavirus in a six-month period is more than twice that of March and April, and that of the World Bank and the Monetary Fund. International (IMF).

In a scenario with a short containment period of three months, global economic production would lose about $ 5.8 trillion, which is 6.4 percent of the gross domestic product at the latest, according to the updated ABD report.

The global impact of the coronavirus pandemic could result in losses of 8.1 trillion euros
The global impact of the coronavirus pandemic could result in losses of 8.1 trillion euros

In the Asia-Pacific region, losses in the three-month containment scenario would range from $ 1.7 trillion ($ 1.5 trillion) to $ 2.5 trillion ($ 2.3 trillion). in the perspective of six months of containment.

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