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The economic crisis: in numbers

Data highlights the global nature of the economic impact of Covid-19

By Jay Elwes  

© Kay Roxby / Alamy Stock Photo / Prospect

Sometimes a chart says it all. UK GDP plummeted as the country went into lockdown. It was the largest hit to the UK’s economy in three centuries, as GDP fell by 11.3 per cent.

And yet, the world carries on. Chart  two shows that in the case of sustainable investments, activity actually went up as the pandemic hit—a measure of changing financial priorities.

Even so, the global picture can’t be ignored. Chart three shows the global drop in economic output. That fall of 4.4 per cent represents…

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