Sun, Jul 26, 2020

How much money is the G20 spending?

EconoGraphics by GeoEconomics Center

Related Experts: Josh Lipsky, Ole Moehr,

China Economy & Business European Union G20 Macroeconomics United States and Canada

Last week the European Union agreed on a historic €750 billion stimulus package. This week Congress will negotiate the next round of relief for the US.

Where does this fit into the global spending picture?

Our new fiscal firepower heat map, updated through June, shows how G20 COVID-19 crisis spending now compares to the Global Financial Crisis. While nearly every country is spending significantly more than a decade ago, China is still spending less. 

Check out the interactive map and accompanying charts below to learn more about how each country is spending.

G20 Fiscal Firepower Heat Map (June 2020 vs. 2009)

Hover over a country to learn more:

Of the G20 countries, Japan has taken the most significant fiscal stimulus measures in 2020.

Further reading:

Wed, Jul 15, 2020

United G20 must pave the way for robust post-COVID-19 recovery

The world is facing unprecedented health and economic crises that require a global solution. Governments have locked down their economies to contain the mounting death toll from the COVID-19 pandemic. With this response well underway, now is the time to move into a recovery effort.

Issue Brief by Phil Thornton

China Coronavirus