Seven countries are back to their pre-pandemic GDP per capita ...Middle East

Economy by : (Quartz) -
Seven countries, including the US and China, have already seen their per capita GDPs return to pre-pandemic standing, according to the OECD’s most recent economic outlook report. In looking at 46 countries, the organization suggests most of the global economy will reach pre-coronavirus levels by 2022.The OECD projects global output will rise by 5.8% in 2021, a significant upwards revision from its December 2020 report, which forecast 4.2% growth this year. The projected improvement was driven by countries’ swift policy actions, like the US fiscal stimulus bill, and the success of the global vaccine rollout in some countries. Nearly 2 billion Covid-19 vaccine doses have been administered worl

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