News
15 May 2020

Economic impact of COVID-19 could hit $8.8trn, warns ADB

Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

The global economy could suffer between $5.8 trillion and $8.8 trillion in losses — equivalent to 6.4% to 9.7% of GDP - as a result of the coronavirus pandemic, the Asian Development Bank has warned.The report, Updated Assessment of the Potential Economic Impact of COVID-19, finds that...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
13 March 2026

TXF Export Finance Perfect 10: Bigger, bolder and greener

What TXF's 2025's award-winning export financings say about the state of the market in 2025. It was a year when all of the promise of the ECA-backed market - in size, ambition...

Video
16 March 2026

EIFO’s CEO travels from professional pessimist to reluctant...

Is the Danish export credit agency punching under its weight? EIFO CEO Peder Lundquist discusses how the ECA is evolving its unique model post-merger, upping its emphasis on...