GDP of the world’s most advanced economies sliced by the pandemic

News Image

MG News | September 01, 2020 at 07:58 PM GMT+05:00

0:00

September 1, 2020 (MLN): GDP of the world’s most advanced economies sliced by the pandemic as the quarter April -June 2020 shows scary numbers where all the economies exhibited record declines.

India’s economy during April to June 2020 recorded a decline of 23.9% whereas, UK, France and Italy down by 20.4%, 13.8% and 12.4% respectively.

Furthermore, Canada down by 12%, Germany by 10.1% while USA and Japan contracted by 9.5% 7.6% respectively.

On the other hand, so called birthplace of Pandemic or COVID-19, China registered a growth of 3.2%.

Overall, this was the worst economic performance and biggest contraction globally among the major economies of the world in the aftermath of the Covid pandemic.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 135,939.87
307.74M
-0.41%
-562.67
ALLSHR 84,600.38
877.08M
-0.56%
-479.52
KSE30 41,373.68
101.15M
-0.43%
-178.94
KMI30 191,069.98
82.45M
-1.17%
-2260.79
KMIALLSHR 55,738.07
422.01M
-1.03%
-577.24
BKTi 38,489.75
45.79M
-0.02%
-8.33
OGTi 27,788.15
6.87M
-1.24%
-350.24
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,775.00 120,695.00
116,090.00
-3460.00
-2.88%
BRENT CRUDE 68.78 69.41
68.60
-0.43
-0.62%
RICHARDS BAY COAL MONTHLY 96.50 96.50
96.50
0.50
0.52%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.25
-2.05
-1.92%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.63 67.13
66.22
-0.35
-0.52%
SUGAR #11 WORLD 16.56 16.61
16.25
0.26
1.60%

Chart of the Day


Latest News
July 15, 2025 at 05:46 PM GMT+05:00

Labubu Mania drives Pop Mart’s profit surge


July 15, 2025 at 05:22 PM GMT+05:00

Big industry output rises 2.29% in May


July 15, 2025 at 04:22 PM GMT+05:00

SYS set for 71% profit surge on global tailwinds



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg