This timeline highlights the responses and impacts of the COVID-19 pandemic in various regions and countries.
2020
European Union Response
The European Union saw a significant drop in real GDP, with variations across member states, and implemented various measures to mitigate the economic impact.
2020
United States Response
The U.S. experienced a nearly 9% drop in real GDP in the second quarter compared to the first quarter, with extensive government stimulus packages and policy changes.
2020
Asian Countries' Responses
Countries in Asia, such as China, Japan, and South Korea, implemented strict lockdowns and testing regimes to manage the spread of the virus.