The natural phenomenon of infrastructural damage owing to corrosion costs up to 4% of global GDP per year and in India, it could cost an estimated 5% of GDP per year, experts quoted from a report by the CORCON Institute of Corrosion.

Corrosion damage to infra eats up to 5% of global GDP, says report; experts suggest solutions

A new study conducted on 135 countries has estimated that climate change is putting 4 per cent of the global Gross Domestic Product (GDP) at risk. In comparison to Europe, South Asia is ten times more exposed to water stress, physical events, and heatwaves that are triggered by climate change.

Study says climate change can reduce global annual economic output 4%  by 2050

The economy has shrunk at its fastest rate on record as it battles the coronavirus pandemic.

World Economy nosedives in second quarter | Economic cost of Coronavirus pandemic

The global economy, which has plunged into a severe contraction, will shrink by 5.2 per cent this year due to the massive shock of the coronavirus pandemic

Global economy will shrink by 5.2% this year: World Bank | COVID-19 | World News

IMF has predicted the global GDP to contract by 3% in 2020. Economic indicators of several countries are showing that any recovery will be tough to achieve. WION's Palki gets you a report on the economic scars of the pandemic.

Coronavirus: IMF projects deeper global downturn | Gravitas

Things might not look up for the Indian economy at the moment but according to a study, India is likely to bounce back in the long run. According to a Japan-based think tank, India's bolstered GDP, together with neighbouring China's, is expected to account for 35 per cent of the global Gross Domestic Product in the year 2060.

India, China to account for nearly 35% of global GDP in 2060: Study

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Corrosion damage to infra eats up to 5% of global GDP, says report; experts suggest solutions

Study says climate change can reduce global annual economic output 4% by 2050

World Economy nosedives in second quarter | Economic cost of Coronavirus pandemic

Global economy will shrink by 5.2% this year: World Bank | COVID-19 | World News

Coronavirus: IMF projects deeper global downturn | Gravitas

India, China to account for nearly 35% of global GDP in 2060: Study