Gdp E439 2021 [upd] Page

The global GDP growth rate in 2021 was projected to be around 5.1%, according to the World Bank, indicating a strong recovery from the 3.3% contraction in 2020. This rebound was largely fueled by the gradual easing of COVID-19 restrictions, the rollout of vaccines, and the resurgence of consumer and business confidence.

In Q2 2021, real GDP increased by 7.43% year-on-year, according to preliminary estimates. gdp e439 2021