EPISODE · Mar 10, 2021 · 4 MIN
How the economy shrank in 2020
from Die ekonomie minuut · host Waldo Krugell
We know that the economy shrank in 2020, but the big question was, by how much? The fourth quarter's GDP figure was released yesterday and we now know what economic damage the pandemic and lockdown caused. The number that should worry you is that the GDP per capita is now at the same level as in 2005.
What this episode covers
We know that the economy shrank in 2020, but the big question was, by how much? The fourth quarter's GDP figure was released yesterday and we now know what economic damage the pandemic and lockdown caused. The number that should worry you is that the GDP per capita is now at the same level as in 2005.
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How the economy shrank in 2020
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