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Second Quarter GDP Contraction Across The World - Politics - Nairaland 622226

Second Quarter GDP Contraction Across The World (254 Views)

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Stalwert: 1:31pm On Aug 24, 2020
What we have so far, from around the world, for Q2:

USA - minus 32.9%

UK - minus 20.4%

- minus 13.8%

- minus 10.1%

Israel - minus 28.7%

Japan - minus 7.8%

South Africa - minus 20% to minus 53% (Reuters poll projection)

Nigeria minus 6.1

China - plus 3.2%


https://twitter.com/toluogunlesi/status/1297626540897898499?s=19
Re: Second Quarter GDP Contraction Across The World by Nobody: 1:44pm On Aug 24, 2020
Nigeria performed better than countries like USA
Mynd44: 4:06pm On Aug 24, 2020
The more informal your economy (outside China that is more or less a military rule) the safer.

But informal economies are a problem too.

South African is facing huge tough times

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Stalwert: 7:20pm On Aug 26, 2020
Mynd44:
The more informal your economy (outside China that is more or less a military rule) the safer.

But informal economies are a problem too.

South African is facing huge tough times

Indeed, informal Economies are difficult to tax.

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