Latest update: 16 February

According to the OECD, the unemployment rate in OECD nations stood at 5.4% in December 2021, compared to 5.5% in November 2021. Unemployment rate among G7 nations declined to 4.3% in December 2021 as compared to 4.5% in November 2021. 

69% of business leaders believe Covid-19 will continue to dominate the attention of businesses over the next 12 months. 1,500 people were polled by GlobalData.


2022 consensus forecast for global GDP growth 4.4%

71 million

The number of confirmed cases in the US

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