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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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