Baku 5° C
OECD sees economic fall of 10%
Finance
- 26 August, 2020
- 13:55
In the second quarter of 2020, the value of real Gross Domestic Product (GDP) in the Organization for Economic Cooperation and Development (OECD) region decreased by 9.8% year-on-year due to the coronavirus.
The OECD report says that during the quarter, the economic downturn was 20.4% in the UK, 9.5% in the US, 9.7% in Germany, 7.8% in Japan, 13.8% in France, 11.7% in the European Union, and 12,1% in the eurozone.
Author
Latest News
20:58
Luis Suárez extends Inter Miami deal through 2026 MLS season
Football20:51
Photo
Service and combat activity of Azerbaijan Air Force inspected
Military20:46
Ukraine's Zelenskyy to attend EU Leaders Summit Thursday
Other countries20:33
Minister: Azerbaijan modernizes defense industry to meet military needs
Military20:23
Photo
OTS chief meets with US assistant secretary of state in Washington, DC
Other countries20:07
AFFA President participates in FIFA Committees plenary session
Football19:55
Ukraine to receive 200 Bohdana howitzers, Denys Shmyhal announces
Other countries19:49
CIS states to develop unified system to combat stock market violations
ICT19:38