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The Graphic Truth: COVID-19 pandemic vs 2009 recession

April 15, 2020
Gabrielle Debinski
and
Gabriella Turrisi
and
Alex Kliment

The International Monetary Fund has said that the coronavirus pandemic will cause the world's worst economic catastrophe since the Great Depression in the 1930s. It will vastly surpass what happened in 2009 during the recession. If there's a silver lining, it's that the recovery from what the Fund calls "The Great Lockdown" is set to be much faster than what we saw in 2010. Here's a comparison of the dip and the recovery between then and now, for some of the world's largest economies, based on IMF data and projections.

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