Analyses & Studies
Euler Hermes: Race to the Post COVID-19 Recovery
7 obstacles to overcome towards a post-covid world
The global recovery is on the right track albeit conditional on key differentiating elements across countries.
Global GDP is expected to rebound by +5.1% in 2021, with one fourth of the recovery being driven by the US, while China should contribute less to growth by progressively adopting a less accommodative economic policy.
In 2022, world GDP growth should reach +4.0%. Europe should recover its Covid-19 losses only at this horizon against H2 2021 for the US. The race to recovery will hinge on seven key obstacles.
About Euler Hermes
Endorsed by Allianz, Euler Hermes is the world’s leading provider of trade credit insurance and other related financial services.
Euler Hermes' expert analysts use technology-driven processes to generate insights and present actionable information to businesses of all sizes and in all sectors.
