Credit insurance: coronavirus is causing the most serious crisis in the world economy in the last 40 years

The GDP of developed countries as a whole is expected to decline by 6.6 percent in 2020. In Europe, Britain’s economy is plummeting the biggest, with analysts expecting a 10.8 percent drop in GDP. In the eurozone, the decline could be 8 percent. U.S. GDP could be minus 6.1 percent and Japan could expect a 6 percent decline. However, according to the analysis, an increase of up to 6.5 percent is possible next year.