Latest update: 15 December

OECD forecasts the global economic growth rate at 5.6% in 2021, a downward revision of 0.1 percentage points from earlier projection. (Dec 2)

According to UNCTAD, the value of global trade in goods reached an all time quarterly high of $5.6 trillion in Q3 2021. Global trade of goods and services has been forecasted at $28 trillion in 2021, an increase of 23% over 2020. (Nov 30)


Unemployment rate in OECD Nations in October 2021


The OECD's projected growth for the global economy in 2022

Global real GDP growth

% change on previous year




Pre-Covid-19 2020 forecast

2019 average

Adjusted 2020 forecast

The cost of Covid-19


Estimated monthly cost of the Covid-19 pandemic globally


Cumulative loss for global economy over the next two years

- SECTOR IMPACT: technology -

Latest update: 16 June

GlobalData has analysed the impact of Covid-19 on the leading companies operating in 17 separate sectors within technology, media, and telecoms (TMT), with all TMT sectors negatively impacted by Covid-19 in 2020, although IT Services has been the hardest hit.

Despite this, some areas — including telecom services, some telecom infrastructure, and cloud-based solutions — are holding up well or growing. Operators moved forward CAPEX to support critical connectivity requirements and are now restarting 5G, edge computing and other initiatives temporarily put on hold or slowed down.

Sector indices

Revenue predictions

Enterprise technology & services 

Subsector impact