Report

Macroeconomic effects of Covid-19: a mid-term review

Bank of International Settlements
August 11, 2021

This article provides an interim assessment of the macroeconomic consequences of the Covid-19 pandemic. Estimates suggest a median output loss of about 6.5% in 2020, a gap that is expected to narrow to around 4% of the pre-pandemic trend by the end of 2021.

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