The World Economic Situation and Prospects Monthly Briefing is prepared by the Global Economic Monitoring Branch of UN DESA’s Economic Analysis and Policy Division.

The World Economic Situation and Prospects Monthly Briefing is prepared by the Global Economic Monitoring Branch of UN DESA’s Economic Analysis and Policy Division.

The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the steepest downturn since the Great Depression of the 1930s, the ...

If the amount of data generated around the world is any guide, this new economy is growing fast. The first human genome (three gigabytes of data, which nearly fills a DVD) was sequenced 17 years ...

In an update to its World Economic Outlook, the I.M.F. said it expected the global economy to shrink 4.9 percent this year — a sharper contraction than the 3 percent it predicted in April.

Global growth is projected to rise from an estimated 2.9 percent in 2019 to 3.3 percent in 2020 and 3.4 percent for 2021—a downward revision of 0.1 percentage point for 2019 and 2020 and 0.2 for 2021 ...

China China, officially the People’s Republic of China, is the second-largest economy in the world and the fastest-growing trillion-dollar economy.

Like other forecasters—such as the Federal Reserve, which on the same day published new projections for the American economy—it has become less gloomy in recent months.

China’s economy grew more than expected last year, even as the rest of the world was upended by the coronavirus pandemic. The world’s second largest economy expanded 2.3% in 2020 compared to a ...