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. 2021 Aug 30;119:102477. doi: 10.1016/j.jimonfin.2021.102477

Table C.1.

Growth Outcomes Following the Covid-19 Shock Using June-January IMF Projection Revisions (percent change).

Q4 over Q4
2019

2020


2021

Median 10th pctl Median 90th pctl 10th pctl Median 90th pctl
Advanced Economies 1.4 −8.9 −5.6 −2.1 2.0 4.9 7.7
United States 2.4 −13.2 −7.9 −2.5 −0.4 3.9 7.2
Euro Area 0.8 −9.8 −5.9 −1.4 3.5 6.8 10.4
  France 1.0 −10.6 −6.3 −1.5 2.2 5.0 8.2
  Germany 0.4 −11.7 −5.1 2.0 2.4 4.9 7.4
   Italy 0.1 −12.7 −7.8 −2.3 2.0 5.8 10.1
Japan −0.5 −10.8 −4.0 3.0 1.3 5.0 9.0
United Kingdom 1.3 −11.9 −7.0 −1.9 0.8 4.3 6.9
Canada 1.5 −12.3 −7.1 −1.7 −1.6 4.9 10.9
Emerging Markets (excl. China) 3.0 −6.8 −0.5 6.0 2.8 5.9 9.1
   Emerging Asia (excl. China) 4.6 −7.1 1.2 9.5 4.0 5.9 7.7
   Latin America 0.5 −10.7 −2.8 5.5 0.4 6.2 11.7
China 6.1 2.7 9.2 15.3 4.5 7.7 11.3