Xinhua News Agency, Manila, May 15 (Reporter Zheng Xin Yuan Mengchen) The Asian Development Bank (ADB) issued a report on the 15th that the global economic loss caused by the New Crown Outbreak was between 5.8 trillion and 8.8 trillion US dollars, equivalent to the global domestic 6.4% to 9.7% of GDP.
The report titled "The Newest Assessment of the Potential Economic Impact of the New Coronary Pneumonia Outbreak" mentioned that if the global pandemic continues for three months, the economic losses in Eastern Asia and Oceania (Asia-Pacific) will reach US $ 1.7 trillion; if it continues 6 In a few months, the region ’s economic losses will reach 2.5 trillion US dollars, accounting for 30% of the total decline in global output.
According to the report, the border control and travel restrictions adopted by governments in response to the epidemic will reduce global trade by 1.7 trillion to 2.6 trillion US dollars.
In terms of employment, the report stated that 158 million to 242 million people will be unemployed globally during the epidemic, and the unemployed population in the Asia-Pacific region will account for 70% of them; global labor income will be reduced by 1.2 trillion to 1.8 trillion U.S. 30% of the world.
ADB issued a report in early April predicting that the epidemic would cause losses of between 2 trillion and 4.1 trillion US dollars to the global economy.
ADB was established in 1966 and is headquartered in Manila, the capital of the Philippines.