Covid-19 Executive Briefing

Understanding the economic impact of the Covid-19 pandemic and the implications for the power sector

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- ECONOMIC IMPACT -

Latest update: 25 August 

After weeks of gradual decline, GDP estimates for many countries have levelled off.

Concern over the spread of Covid-19 has dropped to the lowest level since March and business optimism remains high.

9.7%

The German economy contracted by a record 9.7% in the second quarter,
according to the German statistics office.

$10-12bn

The Australian Government estimates economic loss within a range of $10-$12bn due to lockdown measures. 

Impact of Covid-19 on employment

Employees hope for more flexibility in work

impact of covid-19 on business travel

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