The GDP of OECD member countries has still not reached pre-pandemic levels

By: Trademagazin editor Date: 2021. 08. 30. 11:20

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Domestic product (GDP) in the 37 member states of the Organization for Economic Co-operation and Development (OECD) still did not reach pre-coronavirus levels, although economic growth accelerated in the second quarter.

OECD economies have not yet reached pre-epidemic levels

According to preliminary data released by the Paris-based intergovernmental organization on Monday, GDP in OECD member states grew by 1.6 percent quarter on quarter in April-June.

In the second quarter of last year, as a result of the global shock caused by the first wave of the pandemic, the economic performance of OECD members fell by an unprecedented 10.4 percent. (MTI)