G20 economies to see Q2 growth plunge to -11% y/y: Bloomberg
- 4 years ago
"G20 2분기 경제 성장률 -11%"... 역대 최저 전망
The countries of the G20 could be looking at their worst quarter of economic growth since the group was founded the second quarter at an estimated minus 11 percent on year.
That's according to data from global investment banks and research institutes, compiled by Bloomberg.
For comparison, OECD data show the G20 countries, at the height of the financial crisis in the first quarter of 2009, saw their economies contract by 2-point-4 percent.
There are only three countries in the G20 that are expected to have positive growth in the second quarter those are China, India and Indonesia.
South Korea is expected to be relatively unscathed at minus zero-point-2 percent.
The countries of the G20 could be looking at their worst quarter of economic growth since the group was founded the second quarter at an estimated minus 11 percent on year.
That's according to data from global investment banks and research institutes, compiled by Bloomberg.
For comparison, OECD data show the G20 countries, at the height of the financial crisis in the first quarter of 2009, saw their economies contract by 2-point-4 percent.
There are only three countries in the G20 that are expected to have positive growth in the second quarter those are China, India and Indonesia.
South Korea is expected to be relatively unscathed at minus zero-point-2 percent.