病毒疫情致使世界經濟2020全年損失US$6.4萬億美元

 50,000億英鎊 X 1.2829 = 64,145億美元

Release Date: January 4, 2021

Foreign Exchange Rates -- G.5A Annual

(Rates in currency units per U.S. dollar except as noted)

The table below shows the average rates of exchange in 2020 together with comparable figures for other years. Averages are based on daily noon buying rates for cable transfers in New York City certified for customs purposes by the Federal Reserve Bank of New York.

https://www.federalreserve.gov/releases/g5a/current/

By Simon Freeman  24 December 2020

T

HE pandemic will wipe an eye-watering $6.7 trillion - or ￡5 trillion - from the global economy in 2020, new analysis suggests.

The forecast fall in global GDP - down 5.2% from $89.94 trillion to $83.19 trillion  - is equivalent to the annual economic output of Germany and France combined. 

It would represent the deepest recession since World War Two, nearly three times as severe as the one caused by the 2008 credit crunch.

The study, compiled by online platform IG, found that advanced economies such as the US, UK and EU were most severely hit, with growth set to fall by an average of 7%  this year. Emerging markets will suffer a 2.5% drop.

It estimates 92% of countries will have been plunged into recession, the highest  since the world was laid low by the smallpox pandemic of the 1870s.

The analysis  suggests that 346 billion working hours were lost globally in the first half of 2020, which is equivalent to 555 million full-time jobs worldwide. 

Meanwhile, the impact on equity markets has seen catastrophic falls across all major indices. The S&P 500, a benchmark of US companies, suffered one of its worst collapses on record over the first 100 days of the crisis. 

https://www.standard.co.uk/business/economy/how-much-

has-the-pandemic-cost-the-world-s-economy-b473369.html

https://www.weforum.org/agenda/202

0/05/coronavirus-covid19-pandemic-

econamy-money-depression-recession/

https://www.marketwatch.com/story/

today-in-scary-numbers-pandemic-

could-cost-global-economy-82-trillion

-2020-05-19

https://twitter.com/y4GGfrb2CVact

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