Updates and support on Covid-19

Get our latest news and insights on the Covid-19 crisis.
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-3.3%
Global GDP growth forecast for 2020, the slowest pace since 2009
– 15%
Forecast for decline in global trade of goods and services in volume in 2020
USD 3500 bn
Loss of global trade due to containment measures

65 million

Jobs requiring social assistance in the EU from Covid-19 related lockdowns

13,000

SMEs and midcaps at risk of bankruptcy in the Eurozone, with an average turnover of EUR40mn at risk

+20%

Forecast for rise in global insolvencies in 2020, (+7% increase in the US, a +15% rise in China and a +16% surge in Europe)

Watch the presentation by Alexis Garatti, Head of Economic Research at Allianz Trade, who talks about the impact of Covid-19 on the global economy.