May 8, 2025
Post-Pandemic GDP Recovery, by Region
What We're Showing
This infographic shows real GDP growth from 2019 to 2025 for various regions, relative to their hypothetical pre-pandemic growth trends.
The data comes from the IMF's World Economic Outlook, April 2025.
Key Takeaways
- Only the U.S. is ahead of the pre-pandemic growth trend, with real GDP growth sitting 4 percentage points (pp) above what was previously projected for 2025.
- China's 2025 GDP growth is 7.4 pp below the pre-pandemic trend, although it briefly recovered in 2021 during the global economic rebound.
- The Euro area has recovered from the 7.3 pp gap in 2020, however, energy market shocks from Russia's invasion of Ukraine have hurt economic growth, with 2025 GDP growth 2.8 pp below previous projections.
- Emerging markets and developing economies (excluding China and Brazil) have the biggest gap in GDP growth compared to the pre-pandemic trend, with an 8.0 percentage point gap in 2025.