Global economic impact of COVID-19 $77 bln to $347 bln – Asian Development Bank
The Asian Development Bank on Friday (Mar 6) released a new study that said the economic impact of the COVID-19 could range from $77 billion to $ $347 billion.
“The range of scenarios explored in this brief suggest a global impact of $77 billion to $347 billion or 0.1% to 0.4% of global GDP, with a moderate case estimate of $156 billion or 0.2% of global GDP,” said the Manila-headquartered multilateral.
China accounts for roughly two-thirds of the global impact.
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