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TwitterIn 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.
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TwitterThe coronavirus (COVID-19) pandemic, has had a significant impact on the global economy. In 2020, global Gross Domestic Product (GDP) decreased by *** percent, while the forecast initially was *** percent GDP growth. As the world's governments are working towards a fast economic recovery, the GDP increased again in 2021 by *** percent. Global GDP increased by over ***** percent in 2022, but it is still not clear to what extent Russia's war in Ukraine will impact the global economy. Global GDP growth is expected to slow somewhat in 2023.
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This 6MB download is a zip file containing 5 pdf documents and 2 xlsx spreadsheets. Presentation on COVID-19 and the potential impacts on employment
May 2020Waka Kotahi wants to better understand the potential implications of the COVID-19 downturn on the land transport system, particularly the potential impacts on regional economies and communities.
To do this, in May 2020 Waka Kotahi commissioned Martin Jenkins and Infometrics to consider the potential impacts of COVID-19 on New Zealand’s economy and demographics, as these are two key drivers of transport demand. In addition to providing a scan of national and international COVID-19 trends, the research involved modelling the economic impacts of three of the Treasury’s COVID-19 scenarios, to a regional scale, to help us understand where the impacts might be greatest.
Waka Kotahi studied this modelling by comparing the percentage difference in employment forecasts from the Treasury’s three COVID-19 scenarios compared to the business as usual scenario.
The source tables from the modelling (Tables 1-40), and the percentage difference in employment forecasts (Tables 41-43), are available as spreadsheets.
Arataki - potential impacts of COVID-19 Final Report
Employment modelling - interactive dashboard
The modelling produced employment forecasts for each region and district over three time periods – 2021, 2025 and 2031. In May 2020, the forecasts for 2021 carried greater certainty as they reflected the impacts of current events, such as border restrictions, reduction in international visitors and students etc. The 2025 and 2031 forecasts were less certain because of the potential for significant shifts in the socio-economic situation over the intervening years. While these later forecasts were useful in helping to understand the relative scale and duration of potential COVID-19 related impacts around the country, they needed to be treated with care recognising the higher levels of uncertainty.
The May 2020 research suggested that the ‘slow recovery scenario’ (Treasury’s scenario 5) was the most likely due to continuing high levels of uncertainty regarding global efforts to manage the pandemic (and the duration and scale of the resulting economic downturn).
The updates to Arataki V2 were framed around the ‘Slower Recovery Scenario’, as that scenario remained the most closely aligned with the unfolding impacts of COVID-19 in New Zealand and globally at that time.
Find out more about Arataki, our 10-year plan for the land transport system
May 2021The May 2021 update to employment modelling used to inform Arataki Version 2 is now available. Employment modelling dashboard - updated 2021Arataki used the May 2020 information to compare how various regions and industries might be impacted by COVID-19. Almost a year later, it is clear that New Zealand fared better than forecast in May 2020.Waka Kotahi therefore commissioned an update to the projections through a high-level review of:the original projections for 2020/21 against performancethe implications of the most recent global (eg International monetary fund world economic Outlook) and national economic forecasts (eg Treasury half year economic and fiscal update)The treasury updated its scenarios in its December half year fiscal and economic update (HYEFU) and these new scenarios have been used for the revised projections.Considerable uncertainty remains about the potential scale and duration of the COVID-19 downturn, for example with regards to the duration of border restrictions, update of immunisation programmes. The updated analysis provides us with additional information regarding which sectors and parts of the country are likely to be most impacted. We continue to monitor the situation and keep up to date with other cross-Government scenario development and COVID-19 related work. The updated modelling has produced employment forecasts for each region and district over three time periods - 2022, 2025, 2031.The 2022 forecasts carry greater certainty as they reflect the impacts of current events. The 2025 and 2031 forecasts are less certain because of the potential for significant shifts over that time.
Data reuse caveats: as per license.
Additionally, please read / use this data in conjunction with the Infometrics and Martin Jenkins reports, to understand the uncertainties and assumptions involved in modelling the potential impacts of COVID-19.
COVID-19’s effect on industry and regional economic outcomes for NZ Transport Agency [PDF 620 KB]
Data quality statement: while the modelling undertaken is high quality, it represents two point-in-time analyses undertaken during a period of considerable uncertainty. This uncertainty comes from several factors relating to the COVID-19 pandemic, including:
a lack of clarity about the size of the global downturn and how quickly the international economy might recover differing views about the ability of the New Zealand economy to bounce back from the significant job losses that are occurring and how much of a structural change in the economy is required the possibility of a further wave of COVID-19 cases within New Zealand that might require a return to Alert Levels 3 or 4.
While high levels of uncertainty remain around the scale of impacts from the pandemic, particularly in coming years, the modelling is useful in indicating the direction of travel and the relative scale of impacts in different parts of the country.
Data quality caveats: as noted above, there is considerable uncertainty about the potential scale and duration of the COVID-19 downturn. Please treat the specific results of the modelling carefully, particularly in the forecasts to later years (2025, 2031), given the potential for significant shifts in New Zealand's socio-economic situation before then.
As such, please use the modelling results as a guide to the potential scale of the impacts of the downturn in different locations, rather than as a precise assessment of impacts over the coming decade.
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TwitterThe COVID-19 pandemic had severe impacts on almost every aspect of life, from health via economy to education. School closures around the world caused disruptions in learning development of children and youth. Estimates from 2022 show that globally, the annual gross domestic product (GDP) loss could amount to nearly ***** billion U.S. dollars annually if no counter measures are taken. The economic damage was predicted to be highest in East Asia and the Pacific, and the lowest in Sub-Saharan Africa.
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The SPIN covid19 RMRIO dataset is a time series of MRIO tables covering years from 2016-2026 on a yearly basis. The dataset covers 163 sectors in 155 countries.
This repository includes data for years from 2020 to 2026 (counterfactual scenario). Code, method material and data for years 2016-2019 are stored in the following repository: 10.5281/zenodo.5713811 Data for the covid scenario are stored in the following repository: 10.5281/zenodo.5713825
Tables are generated using the SPIN method, based on the RMRIO tables for the year 2015, GDP, imports and exports data from the International Financial Statistics (IFS) and the World Economic Outlooks (WEO) of October 2019 and April 2021.
The counterfactual scenario is in line with October 2019 WEO's data and simulates the global economy without Covid 19.
All tables are labelled in 2015 US$ and valued in basic prices.
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The SPIN covid19 RMRIO dataset is a time series of MRIO tables covering years from 2016-2026 on a yearly basis. The dataset covers 163 sectors in 155 countries.
This repository includes data for years from 2016 to 2019 (hist scenario) and the corresponding labels.
Data for years 2020 to 2026 are stored in the corresponding repositories:
Tables are generated using the SPIN method, based on the RMRIO tables for the year 2015, GDP, imports and exports data from the International Financial Statistics (IFS) and the World Economic Outlooks (WEO) of October 2019 and April 2021.
From 2020 to 2026, the dataset includes two diverging scenarios. The covid scenario is in line with April 2021 WEO's data and includes the macroeconomic effects of Covid 19. The counterfactual scenario is in line with October 2019 WEO's data and simulates the global economy without Covid 19. Tables from 2016 to 2019 are labelled as hist.
The Projections folder includes the generated tables for years from 2016 to 2019 (hist scenario) and the corresponding labels.
The Sources folder contains the data records from the IFS and WEO databases. The Method data contains the data files used to generate the tables with the SPIN method and the following Python scripts:
All tables are labelled in 2015 US$ and valued in basic prices.
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ObjectiveTo quantitatively assess the impact of COVID-19 pandemic on public health, as well as its economic and social consequences in major economies, which is an international public health concern. The objective is to provide a scientific basis for policy interventions.Subject and methodsThis study utilizes a multi-country, multi-sector CGE-COVID-19 model to analyze the repercussions of the pandemic in 2022. The re-search focuses on quantifying the effects of COVID-19 on the macroeconomy and various industry sectors within six economies: the United States, China, the EU, the United Kingdom, Japan, and South Korea.ResultsThe COVID-19 pandemic shock had the most significant impact on China and the EU, followed by notable effects observed in the United States and the United Kingdom. In contrast, South Korea and Japan experienced relatively minimal effects. The reduction in output caused by the pandemic has affected major economies in multiple sectors, including real industries such as forestry and fisheries, and the services such as hotels and restaurants.ConclusionThe overall negative macroeconomic impact of the epidemic on major economies has been significant. Strategic interventions encompassing initiatives like augmenting capital supply, diminishing corporate taxes and fees, offering individual subsidies, and nurturing international cooperation held the potential to mitigate the detrimental economic consequences and enhance the global-economic amid the pan-demic. Consequently, this study contributes to the advancement of global anti-epidemic policies targeting economic recovery. Moreover, using the CGE-COVID-19 model has enriched the exploration of general equilibrium models in PHEIC events.
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The World Health Organization reported 766440796 Coronavirus Cases since the epidemic began. In addition, countries reported 6932591 Coronavirus Deaths. This dataset provides - World Coronavirus Cases- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterThe World Bank has launched a quick-deploying high-frequency phone-monitoring survey of households to generate near real-time insights on the socio-economic impact of COVID-19 on households which hence to be used to support evidence-based response to the crisis. At a moment when all conventional modes of data collection have had to be suspended, a phone-based rapid data collection/tracking tool can generate large payoffs by helping identify affected populations across the vast archipelago as the contagion spreads, identify with a high degree of granularity the mechanisms of socio-economic impact, identify gaps in public policy response as the Government responds, generating insight that could be useful in scaling up or redirecting resources as necessary as the affected population copes and eventually regains economic footing.
Household-level; Individual-level: household primary breadwinners, respondent, student, primary caregivers, and under-5 years old kids
The sampling frame of the Indonesia high-frequency phone-based monitoring of socio-economic impacts of COVID-19 on households was the list of households enumerated in three recent World Bank surveys, namely Urban Survey (US), Rural Poverty Survey (RPS), and Digital Economy Household Survey (DEHS). The US was conducted in 2018 with 3,527 sampled households living in the urban areas of 10 cities and 2 districts in 6 provinces. The RPS was conducted in 2019 with the sample size of 2,404 households living in rural areas of 12 districts in 6 provinces. The DEHS was conducted in 2020 with 3,107 sampled households, of which 2,079 households lived in urban areas and 1,028 households lived in rural areas in 26 districts and 31 cities within 27 provinces. Overall, the sampled households drawn from the three surveys across 40 districts and 35 cities in 27 provinces (out of 34 provinces). For the final sampling frame, six survey areas of the DEHS which were overlapped with the survey areas in the UPS were dropped from the sampling frame. This was done in order to avoid potential bias later on when calculating the weights (detailed below). The UPS was chosen to be kept since it had much larger samples (2,016 households) than that of the DEHS (265 households). Three stages of sampling strategies were applied. For the first stage, districts (as primary sampling unit (PSU)) were selected based on probability proportional to size (PPS) systematic sampling in each stratum, with the probability of selection was proportional to the estimated number of households based on the National Household Survey of Socio-economic (SUSENAS) 2019 data. Prior to the selection, districts were sorted by provincial code.
In the second stage, villages (as secondary sampling unit (SSU)) were selected systematically in each district, with probability of selection was proportional to the estimated number of households based on the Village Potential Census (PODES) 2018 data. Prior to the selection, villages were sorted by sub-district code. In the third stage, the number of households was selected systematically in each selected village. Prior to the selection, all households were sorted by implicit stratification, that is gender and education level of the head of households. If the primary selected households could not be contacted or refused to participate in the survey, these households were replaced by households from the same area where the non-response households were located and with the same gender and level of education of households’ head, in order to maintain the same distribution and representativeness of sampled households as in the initial design.
In the Round 8 survey where we focused on early nutrition knowledge and early child development, we introduced an additional respondent who is the primary caregiver of under 5 years old in the household. We prioritized the mother as the target of caregiver respondents. In households with multiple caregivers, one is randomly selected. Furthermore, only the under 5 children who were taken care of by the selected respondent will be listed in the early child development module.
Computer Assisted Telephone Interview [cati]
The questionnaire in English is provided for download under the Documentation section.
The HiFy survey was initially designed as a 5-round panel survey. By end of the fifth round, it is expected that the survey can maintain around 3,000 panel households. Based on the experience of phone-based, panel survey conducted previously in other study in Indonesia, the response rates were expected to be around 60 percent to 80 percent. However, learned from other similar surveys globally, response rates of phone-based survey, moreover phone-based panel survey, are generally below 50 percent. Meanwhile, in the case of the HiFy, information on some of households’ phone numbers was from about 2 years prior the survey with a potential risk that the targeted respondents might not be contactable through that provided numbers (already inactive or the targeted respondents had changed their phone numbers). With these considerations, the estimated response rate of the first survey was set at 60 percent, while the response rates of the following rounds were expected to be 80 percent. Having these assumptions and target, the first round of the survey was expected to target 5,100 households, with 8,500 households in the lists. The actual sample of households in the first round was 4,338 households or 85 percent of the 5,100 target households. However, the response rates in the following rounds are higher than expected, making the sampled households successfully interviewed in Round 2 were 4,119 (95% of Round 1 samples), and in Rounds 3, 4, 5, 6, 7, and 8 were 4,067 (94%), 3,953 (91%), 3,686 (85%), 3,471 (80%), 3,435 (79%), 3,383 (78%) respectively. The number of balanced panel households up to Rounds 3, 4, 5, 6, 7, and 8 are 3,981 (92%), 3,794 (87%), 3,601 (83%), 3,320 (77%), 3,116 (72%), and 2,856 (66%) respectively.
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TwitterThe SPIN covid19 MRIO dataset is a timeseries of MRIO tables covering years from 2016-2026 on a yearly basis. The dataset covers 26 sectors in 155 countries.
Tables are generated using the SPIN method, based on the EORA26 MRIO table for year 2015, GDP, imports and exports data from the International Financial Statistics (IFS) and the World Economic Outlooks (WEO) of October 2019 and April 2021.
From 2020 to 2026, the dataset includes two diverging scenarios. The baseline scenario is in line with April 2021 WEO's data and includes the macroeconomic effects of Covid 19. The counterfactual scenario is in line with October 2019 WEO's data and simulates the global economy without Covid 19. Tables from 2016 to 2019 are labelled as hist.
The Projections folder includes the generated tables for years from 2016 to 2026 and the corresponding labels. The Sources folder contains the data records from the IFS and WEO databases. The Method data contains the data files used to generate the tables with the SPIN method and the following Python scripts:
SPIN_covid19_MRIO_files_preparation.py generates the data files from the source data.
SPIN_covid19_MRIO runs.py is the command to run the SPIN method and generate the dataset.
figures.py is a script to produce figures reflecting the consistency of the projected tables and the evolution of macroeconomic figures in the 2016-2026 period for a selection of countries.
All tables are labelled in 2015 US$ and valued in basic prices.
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Analysed conditions for doing business in 3SI countries.
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TwitterAs of November 2021, the U.S. goverment dedicated ***** percent of the GDP to soften the effects of the coronavirus pandemic. This translates to stimulus packages worth **** trillion U.S. dollars Economic impact of the Coronavirus pandemic The impact of the COVID-19 pandemic was felt throughout the whole world. Lockdowns forced many industries to close completely for many months and restrictions were put on almost all economic activity. In 2020, the worldwide GDP loss due to Covid was *** percent. The global unemployment rate rocketed to **** percent in 2020 and confidence in governments’ ability to deal with the crisis diminished significantly. Governmental response In order to stimulate the economies and bring them out of recession, many countries have decided to release so called stimulus packages. These are fiscal and monetary policies used to support the recovery process. Through application of lower taxes and interest rates, direct financial aid, or facilitated access to funding, the governments aim to boost the employment, investment, and demand. Stimulus packages Until November 2021, Japan has dedicated the largest share of the GDP to stimulus packages among the G20 countries, with ***** percent (*** trillion Yen or **** trillion U.S. dollars). While the first help package aimed at maintaining employment and securing businesses, the second and third ones focused more on structural changes and positive developments in the country in the post-pandemic future.
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Basic descriptive statistics characterising the diagnostic features for EU-28 countries.
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Basic descriptive statistics characterising the diagnostic features for 3SI countries.
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TwitterThis is a collection of dataset that I personally think it is useful in analysing COVID19 data. Since all of the data comes from the internet and majority of them originated from World Bank, I am use some Kaggle users has already uploaded similar data. However, I think it makes my life (and perhaps yours) easier by compiling all of these data together.
The following are some remarks for the dataset-
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A coronavirus dataset with 104 countries constructed from different reliable sources, where each row represents a country, and the columns represent geographic, climate, healthcare, economic, and demographic factors that may contribute to accelerate/slow the spread of the COVID-19. The assumptions for the different factors are as follows:
The last column represents the number of daily tests performed and the total number of cases and deaths reported each day.
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https://raw.githubusercontent.com/SamBelkacem/COVID19-Algeria-and-World-Dataset/master/Images/Data%20distribution.png">
The dataset is available in an encoded CSV form on GitHub.
The Python Jupyter Notebook to read and visualize the data is available on nbviewer.
The dataset is updated every month with the latest numbers of COVID-19 cases, deaths, and tests. The last update was on March 01, 2021.
The dataset is constructed from different reliable sources, where each row represents a country, and the columns represent geographic, climate, healthcare, economic, and demographic factors that may contribute to accelerate/slow the spread of the coronavirus. Note that we selected only the main factors for which we found data and that other factors can be used. All data were retrieved from the reliable Our World in Data website, except for data on:
If you want to use the dataset please cite the following arXiv paper, more details about the data construction are provided in it.
@article{belkacem_covid-19_2020,
title = {COVID-19 data analysis and forecasting: Algeria and the world},
shorttitle = {COVID-19 data analysis and forecasting},
journal = {arXiv preprint arXiv:2007.09755},
author = {Belkacem, Sami},
year = {2020}
}
If you have any question or suggestion, please contact me at this email address: s.belkacem@usthb.dz
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COVID-19: Number of Recovered: Year to Date: Hubei data was reported at 64,083.000 Person in 13 Dec 2022. This records an increase from the previous number of 64,069.000 Person for 12 Dec 2022. COVID-19: Number of Recovered: Year to Date: Hubei data is updated daily, averaging 63,648.000 Person from Jan 2020 (Median) to 13 Dec 2022, with 1069 observations. The data reached an all-time high of 64,435.000 Person in 15 Apr 2020 and a record low of 2.000 Person in 10 Jan 2020. COVID-19: Number of Recovered: Year to Date: Hubei data remains active status in CEIC and is reported by National Health Commission. The data is categorized under High Frequency Database’s Disease Outbreaks – Table CN.GZ: COVID-19: No of Recovered. Clinical diagnosis included in since 12Feb
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WHO: COVID-2019: Number of Patients: Confirmed: To-Date: United States data was reported at 103,436,829.000 Person in 24 Dec 2023. This stayed constant from the previous number of 103,436,829.000 Person for 23 Dec 2023. WHO: COVID-2019: Number of Patients: Confirmed: To-Date: United States data is updated daily, averaging 56,919,618.000 Person from Jan 2020 (Median) to 24 Dec 2023, with 1435 observations. The data reached an all-time high of 103,436,829.000 Person in 24 Dec 2023 and a record low of 1.000 Person in 24 Jan 2020. WHO: COVID-2019: Number of Patients: Confirmed: To-Date: United States data remains active status in CEIC and is reported by World Health Organization. The data is categorized under High Frequency Database’s Disease Outbreaks – Table WHO.D002: World Health Organization: Coronavirus Disease 2019 (COVID-2019): by Country and Region (Discontinued). Due to some inclusions and exclusions of cases that are not properly reflected in WHO report, which are the result of the retrospective adjustments of national authorities, some current day “To-date” figures will not tally to the sum of previous day “To-date” cases and current day new reported cases. Figures with excluded cases are relatively lower compared to the previous day. Starting 2 June 2020 report, case and death counts reflects data published one day prior (e.g. June 2 data is indicative of the number of cases for June 1). Prior to June 1 report, case and death counts reflects data published 2 days prior (e.g. May 31 data is indicative of the number of cases and deaths for May 29). Cumulative counts for 31 May (not otherwise published) included 1,757,522 cases and 103,554 deaths.
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The repeated outbreak of COVID-19 epidemic has brought a heavy blow to the world economy. Fiscal policy is one of the important macro-control measures to pull the economy out of the quagmire, and it is necessary to study the implementation of fiscal policy under the epidemic. Due to the relatively abundant resources of the Chinese government, this study uses China as the research object to study the orientation of fiscal policy under COVID-19 epidemic. We use fiscal policies and a large amount of macroeconomic data to identify fiscal policy and macroeconomic regulation's dynamic mechanism in China. Our findings indicate a dynamic feedback relationship between expenditure-based and revenue-based fiscal policy tools, output gaps, and deficit scales. Before the global economic crisis, fiscal policy can play a good role in adversely regulating the economy, and the difficulty of adjustment after the crisis has increased significantly. During COVID-19 epidemic, the interaction time between variables related to fiscal policy increased, suggesting that the implementation of fiscal policy during the epidemic should be particularly cautious.
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Spearman’s correlations coefficient values for the synthetic economic anchor measure and the entrepreneurship index, New business density, Gross domestic product per capita and The Global Competitiveness Index.
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TwitterIn 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.