1 2021-03-10 09:38:08Xinhua
Editor : Li Yan
ECNS App Download Aerial photo shows a China-Europe freight train bound for Helsinki, Finland departing from Putian Station of Zhengzhou, central China s Henan Province, Nov. 20, 2020. (Xinhua/Hao Yuan)
Global gross domestic product (GDP) will grow at 5.6 percent this year if vaccination rollout is fast and effective enough across the world, the Organization for Economic Cooperation and Development (OECD) said Tuesday in its Interim Economic Outlook.
The forecast was 1.4 percentage points higher than the Paris-based organization s December prediction.
In its Interim Economic Outlook, the OECD predicted world output is expected to reach pre-pandemic levels by mid-2021 and the world economy is expected to grow by 4 percent in 2022 after a 5.6-percent growth in 2021.
OECD projects world economy to expand 5 6 pct in 2021 if vaccines rolled out fast - World News
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