COVID-19 The Road to Economic Recovery - Thematic Research

COVID-19 The Road to Economic Recovery - Thematic Research

Summary

The COVID 19 Economic Recovery report is designed to provide clients with up-to-date insights on the performance of major economies. Central to the report is GlobalData’s proprietary economic recovery scorecard, which ranks the top 35 countries’ performance on the 10 most important economic indicators. The report also provides monthly updates on high frequency macroeconomic indicators such as GDP, inflation, business confidence, consumer confidence, industrial production, and equity markets. It also provides in-depth analysis of the economic performance of the world’s largest economies. The report can be used as a strategic tool to understand market dynamics, business potential and direction of operations in the economy.

Key Highlights

  • According to Johns Hopkins University data, by 12 July 2021, COVID-19 had infected more than 181 million people and claimed more than 3,900,000 lives. The pandemic forced governments to impose rigid lockdowns that essentially shut down the worldwide economy for many months. With the exception of India and China, all major economies are expected to shrink this year. Unemployment levels have increased at jaw-dropping rates.
  • The COVID-19 recession has not been caused by a demand shock, rather, it is a policy-driven supply shock designed to save people’s lives. Consequently, the strategies—of governments and companies—that will be used in the economic recovery could be different from previous recessions.
  • Despite the substantial uncertainty regarding the economic downturn, this could well be the first recovery with a focus on sustainability. The human cost of COVID-19 extends beyond infection and into the broader economy. Companies that ignore social, environmental and governance issues could face significant customer backlash. Governments are already showing signs that sustainability—particularly green energy—will feature strongly in stimulus programs.
  • The way we live our lives has been changed permanently. However, the extent to which human life will change will be affected by two competing factors: the longevity of COVID-19’s presence and the speed with which a vaccine is developed. Most enterprises successfully transitioned to work from home; few will revert back to pre-COVID-19 practices.
Reasons to Buy
  • Up-to-date insights on the performance of major economies.
  • GlobalData’s proprietary economic recovery scorecard, which ranks the top 35 countries’ performance on the 10 most important economic indicators.
  • Updates on high frequency macroeconomic indicators such as GDP, inflation, business confidence, consumer confidence, industrial production, and equity markets.
  • In-depth analysis of the economic performance of the world’s largest economies.
  • Can be used as a strategic tool to understand market dynamics, business potential and direction of operations in the economy.


  • Economic recovery
    • Global economy forecast see strong upward revision as vaccinations gather pace
    • GlobalData forecasts 6% increase in global GDP in 2021
    • Top five economic predictions for 2021
    • Asian nations top of GlobalData's COVID-19 economic recovery scorecard
    • Infection Rates Continue to Rise
    • COVID-19 continues to be a Worldwide Problem
    • China Leads in Number of COVID-19 Vaccinations, While Gibraltar Leads in Vaccinations Per 1,000 Population
    • Gibraltar Leads in Fully Vaccinating the Largest Percentage of Its Population and 1st Country to Reach Herd Immunity Threshold
    • At Present Rate, It Will Take 290 Days to Vaccinate 75% of the Entire Population in the United States
    • There Is No Direct Correlation Between per Capita GDP and Vaccinations per 1,000 People
    • Global economy to revive in 2021 due to mass vaccine rollout
    • G7 economies forecast to witness varying GDP growth in Q3 2021
    • Global economic recovery in sync, all regions to grow in 2021
    • All major economies except China plunged into recession in 2020…
    • but all major economies are expected to bounce back in 2021
    • Asian nations to recover faster than their Western peers
    • Uniform recovery expected across major nations in the Americas in 2021
    • Successful distribution of vaccines has resulted in an upwards revision of GDP growth
    • Relatively slow distribution of vaccines has caused a upward revision of GDP growth
    • UK on path of recovery as the economy reopens
    • Expenditure on stimulus packages strain government finances
    • Government debt (% of GDP) in emerging and advanced nations, 1940-2021
    • Rising inflation signals looming issues for major economies
    • China to drive global economic recovery in 2021
    • Rapid vaccination roll-out and a surge in global demand underpin US recovery
    • India's GDP growth has been revised down due to resurgence of COVID-19 cases…
    • however, India continues to be the fastest growing major economy in 2021
    • Governments, led by the EU, are focusing on a sustainable economic recovery
    • Public debt levels are soaring but unlikely to drive countries into difficulties
    • Recovery in export demand to result in better current account balances in 2021
    • Increased use of tech in the service sector is driving growth in major economies
    • Unemployment soared in 2020 but will recover slightly in 2021
    • Ultra-low interest rates are here to stay until clear signs of economic recovery
    • Oil prices expected to rise amid signs of a strong recovery, especially in the US
    • Most sectors now exceed January 2020 valuations
    • Equity Indices Have recovered Across the Sectors
    • Offices are expected to return to at least 50% capacity soon
  • Macroeconomic forecast
    • Latest Data – Real GDP Growth
    • Latest Data – Consumer Price Inflation
  • Country dashboards
    • Australia | Market indicators
    • Austria | Market indicators
    • Belgium | Market indicators
    • Brazil | Market indicators
    • Canada | Market indicators
    • China | Market indicators
    • Czech Republic | Market indicators
    • Denmark | Market indicators
    • France | Market indicators
    • Germany | Market indicators
    • India | Market indicators
    • Indonesia | Market indicators
    • Ireland | Market indicators
    • Israel | Market indicators
    • Italy | Market indicators
    • Japan | Market indicators
    • Malaysia | Market indicators
    • Mexico | Market indicators
    • Netherlands | Market indicators
    • Norway | Market indicators
    • Philippines | Market indicators
    • Poland | Market indicators
    • Portugal | Market indicators
    • Russia | Market indicators
    • Saudi Arabia | Market indicators
    • Singapore | Market indicators
    • South Africa | Market indicators
    • South Korea | Market indicators
    • Spain | Market indicators
    • Sweden | Market indicators
    • Switzerland | Market indicators
    • Turkey | Market indicators
    • UAE | Market indicators
    • UK | Market indicators
    • USA | Market indicators
  • Methodology
    • Methodology for GlobalData's COVID-19 economic recovery scorecard
    • Examples of the analysis supporting the economic recovery scorecard
    • Economic forecasting in a COVID-19 environment
    • Methodology for consensus economic forecasts
    • About GlobalData
    • Contact us

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