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Unprecedented falls in GDP in most G20 economies in second quarter of 2020

Quarterly GDP in volume terms for the G20 economies
Percentage change on the previous quarter, s.a.‌‌
Unprecedented falls in GDP in most G20 economies in second quarter of 2020

14 Sept. 2020 - COVID-19 containment measures weighed heavily on economic activity in the second quarter of 2020, with unprecedented falls in real gross domestic product (GDP) in most G20 countries. For the G20 area as a whole, GDP dropped by a record (minus) 6.9%, significantly larger than the (minus) 1.6% recorded in the first quarter of 2009 at the height of the financial crisis. 


 

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