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Annual % GDP growth 2013-19 2019 2020 forecast 2021 forecast 2022 forecast World 3.3 2.7 -4.2 4.2 3.7 USA 2.5 2.2 -3.7 3.2 3.5 China

Annual % GDP growth

2013-19

2019

2020 forecast

2021 forecast

2022 forecast

World

3.3

2.7

-4.2

4.2

3.7

USA

2.5

2.2

-3.7

3.2

3.5

China

6.8

6.1

1.8

8.0

4.9

(a.)Describe briefly what the data tells us about the state of the world economy during those years.

(b.)Outline briefly whether for most countries the 2009-10 recession (the one associated with the banking crisis) or the 2020 recession (the one associated with Covid) was worse?

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